Stocks climb globally
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Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.
The chip firm could get a boost from Elon Musk's xAI and Alphabet's Google as they race to build artificial intelligence.
Krispy Kreme and GoPro were among the companies riding the latest meme stock rally on Wednesday, as retail traders latched on to the highly shorted names a day after piling into the shares of department store company Kohl's.
Is the MSTR rally over? Find out if it's too late to buy MicroStrategy stock after its 100%+ surge. Get insights to navigate this volatile play.
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If Fiserv beats estimates in the next quarterly report, this could send the stock surging, especially as estimates are now depressed. EPS (without non-recurring costs) is expected to grow nearly 16% annually in the coming years. On top of that, Fiserv also has a 3-year average share buyback ratio of 4.6% annually.
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),
Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.
Shares of Krispy Kreme , GoPro and a few other highly shorted U.S. companies jumped before the bell on Wednesday, with their names trending on social media forums a day after retail traders piled into department store company Kohl's.
D.R. Horton's earnings and stability are significantly stronger than implied by market pricing. Click here to read an analysis of DHI stock now.
Small investors piled into Kohl's Tuesday and sent shares flying upwards as the department store retailer became the latest business caught up in a stock market frenzy.