Morning Blast: Nvidia Tide Lifts All Boats
Nvidia's second-quarter earnings report blew past estimates, and the company's own forecast was even more optimistic. A lot of tech companies were slipstreaming early Thursday.
Nvidia's second-quarter earnings report blew past estimates, and the company's own forecast was even more optimistic. A lot of tech companies were slipstreaming early Thursday.
After markets close Wednesday, closely followed Nvidia reports quarterly results. Autodesk also reports late Wednesday, while two retail companies will report Thursday morning.
Wednesday's top analyst upgrades and downgrades included Dick’s Sporting Goods, Home Depot, Navitas Semiconductor, Nvidia, Palo Alto Networks, TJX Companies, Uber Technologies and Workday.
Thursday's top analyst upgrades and downgrades included Bumble, Coupang, Datadog, Dish Network, DraftKings, Eli Lilly, International Flavors & Fragrances, LivePerson, Novavax, Nvidia, Qualcomm and Rivian Automotive.
Monday's top analyst upgrades and downgrades included Amazon.com, Amgen, Apple, BioCryst Pharmaceuticals, Block, Coinbase Global, Datadog, Fortinet, Gilead Sciences, Intercontinental Exchange, Moderna, Monster Beverage, Nvidia, PayPal and Petrobras.
Artificial intelligence is here to stay, and this top analyst believes that these four top semiconductor companies will be huge winners as demand from big data centers continues to boom.
Tuesday's top analyst upgrades and downgrades included American Express, Apple, AppLovin, Conagra Brands, D.R. Horton, Estee Lauder, Juniper Networks, Livent, Microsoft, Netflix, Nvidia, Shopify, Tesla, and Twilio.
Friday's top analyst upgrades and downgrades included Activision Blizzard, Arista Networks, Cadence Design Systems, Carvana, Cisco Systems, Estee Lauder, Host Hotel & Resorts, Intel, Kosmos Energy, Microsoft, Nvidia, Prologis and Qualcomm.
Tuesday's top analyst upgrades and downgrades included Alphabet, Apple, Aramark, AT&T, Chewy, Etsy, Fisker, Frontier Communications Parent, Leslie’s, Meta Platforms, Netflix, Nvidia, PACCAR, Progressive, Tesla, Twilio and Wells Fargo.
Monday's top analyst upgrades and downgrades included Amazon.com, AT&T, Broadcom, Corning, DraftKings, Eli Lilly, Fortinet, General Mills, Leslie’s, Microsoft, Nvidia, Plug Power, Progressive, PulteGroup and Welltower.
Arm is reportedly seeking Nvidia's participation as an anchor investor in Arm's coming IPO.
These are the top analyst upgrades, downgrades, and initiations seen before markets opened on Wednesday, July 12, 2023.
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