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Showing posts with the label earnings

Stocks Mixed As Traders Wait For Key Earnings Reports

S&P 500 futures are flat at the start of the week S&P 500 futures sway between profits and losses in premarket trading as traders prepare for the busiest week of the profitable season. Tesla, Alphabet, Amazon, Apple and Microsoft will be reporting profits this week. These reports will have a significant impact on overall market dynamics due to the huge market capitalization of the companies. The S&P 500 is near an all-time high, and recent trading sessions have shown that traders are buying any pullback quickly, meaning the demand for stocks remains strong. Government bond yields have risen since the beginning of this week, and this move could put pressure on technology stocks, although earnings reports will serve as the main catalyst for the market. WTI Oil Tests The $ 61 Level in Problems in India India recently reported another record number of new coronavirus cases as Indian states continued to introduce new virus containment measures. The situation in India is ...

AMD and Nvidia look like buys as semis stocks report earnings: Traders

Semiconductor stocks brace for profits as global chip scarcity continues to grow, affecting automotive companies most of all. NXP Semiconductor saw sales jump 27% for the first quarter after last Monday, while earnings of $ 1.25 per share beat consensus. AMD and Texas Instruments will report back after the bell on Tuesday. With demand high but supply coming under pressure, CNBC's "Trading Nation" asked two traders which chipmaker stocks they saw as the top performers. "I especially like AMD for new money," said Mark Tepper, president of Strategic Wealth Partners, on Monday. AMD left the rest of the chipmakers behind this year, a pullback that Tepper sees as an opportunity. The stock is down 7% in 2021, compared to a 16% increase for the SMH semiconductor ETF. "We just added 75% to our position in AMD by March 30th, so we nearly doubled, and apparently we learned last week that Intel's server business sniffed again and AMD stock burst because we all did...