Expectations for Nvidia Corp. (NVDA) couldn’t have been higher going into its fiscal second-quarter 2021 results, and now the stock may feel the effect of the hangover. The stock’s price nearly tripled off the March lows, as investors’ attention turned to companies likely to capture market share during the pandemic. As a result, the equity… More
TOPLINE The S&P 500 is officially out of its 2020 bear market after hitting a new record high on Tuesday, and the massive rebound has been led by energy, homebuilding and retail companies whose shares have more than doubled over the last five months, according to Bloomberg data. Whirlpool’s logo on the front of a… More
TOPLINE Apple hit a new milestone on Wednesday, becoming the first publicly traded U.S. company to reach a market capitalization of over $2 trillion and doubling in valuation over the last two years. Apple CEO Tim Cook. Taylor Hill/WireImage KEY FACTS The iPhone maker’s stock is up almost 55% so far in 2020, and shares… More
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