Bitcoin to the moon, SPACs on the rise, chatroom trading all the rage — it can feel like 2021 all over again. The Federal Reserve’s rate-cut signal in December triggered a furious rally to record highs, unleashing animal spirits that are fueling similar speculative activities from the depths of the pandemic. “The animal spirits are … Read more
Check out the companies making headlines in midday trading. Nvidia — Nvidia fell 2.9% during midday trading and built on Tuesday’s more than 4% loss ahead of its quarterly print after the bell. Investors will be closely watching the chipmaker’s results for insights into how long its massive growth cycle can go. SolarEdge Technologies — … Read more
Check out the companies making headlines before the bell. Nvidia — The chipmaker giant slipped nearly 2% as investors grappled with concerns the stock has become too overvalued ahead of its widely-anticipated fourth-quarter earnings release . Nvidia is slated to post its results after the market closes on Wednesday. SolarEdge Technologies — Shares dropped more … Read more
Check out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company’s full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company also reduced its full-year billings forecast. … Read more