Housing starts, BJs Wholesale reports, stopgap funding: 3 things to watch
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- Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles down after choppy session as investors weigh Hormuz talks
- Meta to pay up to $16.68 billion in mass social media settlement
- Anthropic agrees to $45bn cloud computing deal with Nscale - report
- Nutanix (NTNX) Tops Q4 EPS by 11c, Beats in Revenue; Offers Q1 Revenue Guidance
- Boston Scientific discloses cybersecurity incident causing global disruption
- Crude Inventory Rose 0.1 Million Barrels Last Week - EIA
- FDA approves Revolution Medicines pancreatic cancer drug Rasonque
- NVIDIA (NVDA) Tops Q2 EPS by 14c, Offers Guidance
Roth/MKM on Walmart (WMT), 'Right Retailer For Uncertain Times'
November 17, 2023 9:49 AM ESTRoth/MKM analyst Bill Kirk reiterated a Buy rating and $179.00 price target on Walmart (NYSE: WMT)
The analyst comments "Walmart is nearing an unprecedented inflection: advertising revenue is about to cross advertising expenses (FY'24 ROTH MKMe $3.6bn ad revenue vs. $4.3bn). This highlights the... More
BofA Positive on Walmart (WMT): 'We see cont'd gross margin expansion for WMT in F4Q'
November 17, 2023 9:34 AM ESTBofA Securities analyst Robert Ohmes reiterated a Buy rating and $190.00 price target on Walmart (NYSE: WMT)
The analyst comments "We see cont'd gross margin expansion for WMT in F4Q as increasing contributions from higher-margin profit streams (digital advertising, 3P marketplace & fulfillment... More
