Dow futures trade higher; Lowe's leads off more retail earnings

NVIDIA (NVDA) PT Raised to $600 at CFRA, 'we see FCF growth at +$23B in FY 24'

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $500.00) while maintaining a Buy rating.

The analyst comments "We increase our 12-month target to $600 from $500, on P/E of 32.6x our CY 25 EPS view, above peers but below... More

Former XPeng (XPEV) autonomous driving head joins Nvidia (NVDA)

Wu Xinhou, the former vice president of autonomous driving at Xpeng (NYSE: XPEV), announced Thursday that he is joining U.S. artificial intelligence giant Nvidia (NASDAQ: NVDA).

Although Wu didn't provide specific details about his new position at Nvidia,... More

NVIDIA (NVDA) PT Raised to $605 at Goldman Sachs, 'Strong Gen AI Demand and Improving Supply to Drive Continued Outperformance'

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $605.00 (from $495.00) while maintaining a Buy rating.

The analyst comments "Nvidia delivered against heightened investor expectations as growing investments in Gen AI infrastructure drove a 21% revenue beat and non-GAAP EPS (excl. SBC)... More

NVIDIA (NVDA) PT Raised to $600 at BMO Capital, 'High Bar? Not a Problem'

BMO Capital analyst Ambrish Srivastava raised the price target on NVIDIA (NASDAQ: NVDA) to $600.00 (from $550.00) while maintaining a Outperform rating.

The analyst comments "The company delivered another meaningful beat and raise. The AI demand continues to climb meaningfully higher. NVIDIA's visibility is... More

Citi sees a step up in bearish equity flows

Citi analyst Chris Montagu said in his equity markets positioning model note Tuesday that there has been a step-up in bearish flows.

The analyst wrote that short positioning rose over the week, with both US and European indices seeing increasingly pronounced new short flows.

"The rapid... More

BJ's Wholesale Club (BJ) shares slide as Q2 sales miss consensus expectations

BJ's Wholesale Club (NYSE: BJ) shares dropped premarket Tuesday after its second-quarter revenue missed analyst consensus expectations.

The membership-only warehouse club chain topped EPS estimates, coming in at $0.97, $0.07 better than the consensus of $0.90.

However, the membership-only warehouse club chain's revenue for the quarter... More