Shares have pulled back more than 15% so far in August.
Piper Sandler raises Nvidia price target ahead of earnings, calls for more than 20% upside
The chipmaker will report quarterly results on Aug. 27.
Crypto exchange Bullish prices IPO at $37 per share, above expected range, ahead of NYSE debut
Crypto exchange Bullish priced its IPO at $37 per share, above its expected range, giving it a market value of over $5 billion.
What one investor is doing now that stock valuations are at their historical highs
The S&P 500’s forward multiple sits at the high end of its 20 year historic range. Megacap tech stocks represent the bulk of the earnings growth.
‘Groundbreaking’: Las Vegas Sphere sells 120,000 tickets for ‘Wizard of Oz’ screenings
The company expects ticket sales to hit 200,000 by the time of the first screening.
Goldman sees this uranium stock surging as U.S. expands nuclear power, invests in critical resources
This domestic uranium miner is poised to benefit from the Trump administration’s push to expand nuclear power and rebuild a domestic supply chain.
BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
“We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points,” Rick Rieder said.
What to buy for a trade after light CPI: Small caps and low quality
The cooler inflation reading could be a major boon for small caps and lower quality stocks, which could rip higher after skipping out on this year’s gains.
Buying the dip on this footwear stock using options after ‘overdone’ sell-off
Options trader Nishant Pant breaks down this “bull call spread.”
Musk’s legal threats are ‘massive headache and headwind for Apple,’ Dan Ives says
The battle between the Tesla CEO and Apple could “really sort of spiral and take on a life of its own,” Ives told CNBC.