reported on Wednesday that several stocks are worth keeping an eye on Thursday, including Lululemon, Nvidia, TSM, and Five Below. Canadian athletic apparel retailer Lululemon is expected to release its quarterly earnings report on Thursday. Analysts are predicting strong results due to the growing popularity of athleisure wear and the company’s successful online sales. Lululemon’s … Read more
Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation gauge, came in at 4.2% year … Read more
AI boosts Dell demand Dell Inc (NASDAQ:DELL) surged over 9% in early premarket deals to $6.13, boosted by second-quarter revenue and earnings easily exceeding expectations. For the quarter, Dell posted revenue of $22.9 billion – down 13% year-over-year but well above the Street expectations of $20.9 billion. Adjusted earnings were $1.74, topping expectations of $1.14. Dell benefitted from a … Read more
About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher … Read more
About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher … Read more