The Nasdaq-Composite rose on Thursday after two consecutive days of losses as investors bought up battered technology stocks ahead of Friday’s key jobs report. The technology-heavy benchmark rose 1%. S&P500 increased by 0.4%, and the Dow Jones Industrial Average hovered near the zero line. Popular megacap and chip stocks led the move higher, with Nvidia […]
Here are the key calls on Wall Street on Monday: Goldman Sachs reiterates Nvidia as a buy. Goldman says it is bullish on the stock ahead of next week’s earnings release. “From an equity perspective, we believe the setup is constructive for NVDA as the stock trades at 42x consensus NTM EPS (next twelve months), […]
Here are the key calls on Wall Street on Friday: Piper Sandler introduces Couchbase to overweight Piper said in its introduction of Couchbase that the sell-off for the cloud database services software company was overdone. “The secular drivers for multi-cloud databases remain compelling.” Bernstein reiterates Tesla as underperformer Bernstein says it is maintaining its underperformer […]
