Here are Wednesday’s biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. “In our view, investors should be positioned for a cyclical recovery, with attractive… Article Source https://www.cnbc.com/2024/10/09/wednesdays-biggest-analyst-calls-on-wall-street.html
Nvidia is the stock to watch heading into Wednesday’s close. The mega-cap tech stock that is everyone’s artificial intelligence barometer is nearing a milestone with its recent rally. The market darling, which could post a sixth straight day of… Article Source https://www.cnbc.com/2024/10/09/all-eyes-are-on-nvidia-milestone-into-wednesdays-close.html
In the latest updates from Wall Street, several major investment firms have made calls on various companies. Morgan Stanley reiterated its overweight rating on Tesla, highlighting the growing importance of AI in the automotive industry. Piper Sandler also reiterated its overweight rating on Nvidia ahead of its earnings report, citing strong fundamentals. Similarly, Morgan Stanley … Read more
Nvidia is set to announce its earnings on Wednesday, with options markets suggesting an 8.7% potential move in the stock price by Friday, amounting to a $200 billion shift in market capitalization. The company’s impressive profits this year have elevated it to the position of the third-largest company on Wall Street by market capitalization, trailing … Read more
Nvidia is set to release its earnings report on Wednesday, with options markets predicting an 8.7% swing in the stock price by Friday. This could result in a $200 billion change in Nvidia’s market capitalization, making it the third-largest company on Wall Street after Microsoft and Apple. The company’s impressive profits this year have been … Read more