Dow futures rise 30 pts; debt ceiling bill progress helps tone

Go back to Dow futures rise 30 pts; debt ceiling bill progress helps tone

Atlantic Equities Downgrades Dollar General (DG) to Neutral 'on consumer shift'

June 2, 2023 5:46 AM EDT

Atlantic Equities analyst Daniela Nedialkova downgraded Dollar General (NYSE: DG) from Overweight to Neutral with a price target of $170.00.

The analyst comments "We are downgrading Dollar General to Neutral, following the commentary on the most recent changes to consumer behaviour. Q1... More

Marvell Technology and Broadcom will continue to dominate ASIC chip market - JPMorgan

June 1, 2023 1:23 PM EDT

JPMorgan analyst Harlan Sur believes Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL) will continue to dominate the ASIC chip market.

The analyst said in his note assessing the sector that they continue to believe that the Custom... More

Nordstrom (JWN) gains after topping Q1 estimates, but analysts remain bearish

June 1, 2023 7:59 AM EDT

Nordstrom (NYSE: JWN) shares jumped over 3% after the company reported earnings after the close, topping Q1 earnings and revenue estimates.

Investors were given a boost after the department store company posted earnings of $0.07 per share, $0.17 better than the analyst estimate of a loss of $0.10 per share. Revenue for the quarter came in... More