Dow Jones, Nasdaq, S&P 500 weekly preview: Nvidia earnings to take center stage

The business cycle should influence markets more than the election: Morgan Stanley

As the U.S. approaches another presidential election, investors are naturally curious about how the outcome might affect the markets.

However, Morgan Stanley analysts suggest that the business cycle, rather than the election, will have a more significant impact on market behavior.

Morgan Stanley said in a note to clients on Monday that while election years are often filled with speculation and predictions, the historical impact of elections on markets is less clear.

Our... More

Truist Securities Reiterates Buy Rating on Lululemon Athletica Inc. (LULU)

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $310.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)

The analyst comments "Truist Card Data indicates that LULUs 2Q US sales were ~in-line with consensus and that early 3Q trends have remained soft.... More

Lululemon Athletica Inc. (LULU) PT Lowered to $350 at Raymond James

Raymond James analyst Rick Patel lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $350.00 (from $400.00) while maintaining a Outperform rating.

The analyst comments "We lower our F2Q and FY24 revenue estimates and are now modestly below the Street to reflect:... More

Jefferies Reiterates Underperform Rating on Lululemon Athletica Inc. (LULU)

Jefferies analyst Randal Konik reiterated an Underperform rating and $220.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU).

The analyst comments "Investor expectations are likely fairly muted heading into 2Q following weaker alt. data and a botched Breezethrough launch. While this... More

NVIDIA (NVDA) PT Raised to $145 at Truist Securities

Truist Securities analyst William Stein raised the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Fundamental and sentimental factors appear to be still improving. Ahead of NVDA's CQ2 (July), our regular dialog with component buyers &... More

Citi Reiterates Buy Rating on CrowdStrike Holdings (CRWD)

Citi analyst Fatima Boolani reiterated a Buy rating and $300.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "Following-on recent conversations with legal experts regarding CRWDs financial and litigation ramifications post-outage, we hosted NYU Law Professor Chris Sprigman to deepen our... More

Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut

Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut

Be careful with stocks and bonds as dollar could bounce here: BTIG

Investors should exercise caution with stocks and bonds as the U.S. dollar shows potential for a bounce, according to a recent note from BTIG.

Despite the initial market enthusiasm following Federal Reserve Chair Jay Powell's dovish speech at Jackson Hole, BTIG suggests that the rally may not have much further to run.

The firm notes that while the market is trending higher, there is... More