Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday with forecast for the current quarter that also beat expectations. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Can the chip-making giant, as well as other
With the potential for the Federal Reserve to cut interest rates as soon as this September, there may be added hurdles for investment banking to keep profitability high even after several banks reported positive second quarter results. CFRA director of equity research Ken Leon joins Market Domination to discuss the state of investment banking and
The major indexes (^DJI,^GSPC, ^IXIC) closed Wednesday’s session in the green after facing some pressure in the trading week. Fundstrat Global Advisors Managing Director & Global Head of Technical Strategy Mark Newton joins Market Domination Overtime to discuss major market trends forming around the tech-heavy S&P 500 and the Federal Reserve’s interest rate narrative. Newton
Multiple financial firms have raised their target goals for the S&P 500 (^GSPC) with Evercore ISI going as far as raising their target from 4,750 to a record-breaking 6,000. Roth MKM Partners Chief Economist and Macro Strategist Michael Darda joins Market Domination to give insight into the bullish sentiments behind the S&P 500 and what