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Nvidia, Best Buy and 3 Stocks to Watch on Thursday – NVIDIA (NASDAQ:NVDA)


Nvidia, Best Buy and 3 Stocks to Watch on Thursday – NVIDIA (NASDAQ:NVDA)

With trading in U.S. stock futures mixed on Thursday morning, the following stocks could be in investors’ focus today:

  • Wall Street expects Best Buy Co., Inc. BBY is expected to report quarterly earnings of $1.16 per share on revenue of $9.24 billion before the market opens, according to data compiled by Benzinga Pro. Best Buy shares rose 0.3% to $88.04 in after-hours trading.
  • Nvidia Corp. NVDA reported better-than-expected second-quarter earnings and revenue on Wednesday. The company issued better-than-expected third-quarter revenue guidance and announced an additional $50 billion share buyback authorization. However, gross margin declined from the first quarter. Nvidia shares fell 6.9% to $116.95 in after-hours trading.
  • Analysts expect Dollar General Corporation DG is expected to report quarterly earnings of $1.79 per share on revenue of $10.37 billion. The company will report its results before the market opens. Dollar General shares rose 0.5% to $124.46 in after-hours trading.

Check out our coverage before the market opens here

  • HP Inc. HPQ reported weaker-than-expected third-quarter earnings, while revenue beat estimates. The company also revised down its earnings forecast for fiscal 2024. HP shares fell 4.2% to $33.30 in after-hours trading.
  • Analysts expect Dell Technologies Inc. dELL- After the market closes, the company will report quarterly earnings of $1.71 per share on revenue of $24.14 billion. Dell shares fell 3.7% to $107.42 in after-hours trading.

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Market news and data provided by Benzinga APIs

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