, with the Dow Jones Industrial Average opening below its recent record high of 40,000. Morgan Stanley's Michael Wilson, previously bearish on S&P 500 growth, is) is set to post its first quarter earnings for the fiscal 2025 year on Wednesday.
We have Macy's target, bjs and Deckers reporting their quarterly reports as earnings season nears its end.A busy one for Wall Street as futures move higher.You're taking a look at the Dow, the S and P 500 the NASDAQ, the Dow closed about 40,000 for the first time.The next big test for markets this week, Nvidia's earnings secret symbol NVD A gonna be in focus there here.We're taking a look here at the touch screen at some of the big earnings reports that are set to come forth.
So talk to us just about what you're expecting to hear from NVIDIA this week and whether or not you think it's going to live up to those lofty expectations.So every quarter we do this hand wringing process because as you said, in the run up the stock has actually crushed it uh over the past year and a half here.
Uh And then what we're going to see is it branching out which is to, to businesses and on prem data centers and you're gonna see companies like DEV an IBM and H PE and then you're going to see this PC wave, which interestingly enough, I, I think kicks off this week at the Microsoft build conference and then you're gonna have uh the smartphone, uh A I uh build out.
I'm expecting the start of a super cycle in the fourth quarter for these A I devices uh which will inherently have generative A I capabilities.Then Patrick, I think they have nothing to do but, but go up, I don't think they're baked in uh particularly when it comes to uh companies like Apple HP Dell and, and even uh Lenovo and Samsung All right, Patrick Moorhead, who is the more insights and strategy founder, Ceo and chief analyst, Patrick.
So we talk about a bit of a rotation that certainly seems to be playing out within earnings results and investors are taking notice as well.S and P 500 companies citing A I on Q four earning calls.So that takes you back to the previous earnings period.
So in other words, possibly the next leader of Iran uh in that theocratic government and obviously, that's not going to be the case anymore.Uh I guess if there's any good news here guys, it's that nobody is saying Israel did it. Um So there's going to be a perhaps a leadership struggle in Iran but at the moment, no broader implications that we can see the US Treasury Department in the 2019 sanctions announcement called it uh Death Commission.So uh that sanction was announced from the USA few years back here, Rick, ultimately, what should the US be looking for doing if there is any type of kind of way forward in who this next leader is that's elected.Uh It's a theocracy, it has been since 1979.
Yeah, OPEC uh conveying their condolences on the passing of the Iranian president uh this morning here, Rick, thanks so much for taking the time to break this down.Sony and Apollo Global Management have reportedly taken a step forward in their effort to court the streaming giant.Let's get to some trending tickers this morning.
So I think there's questions about whether or not the likelihood of something actually material here. I mean, my goodness, this Tyson uh Jake Paul, I don't even know if we should call that a sanction fight, but I'll leave that for whoever is out there and whoever wants to watch. Remember the likes of Tesla BRD Xon obviously, uh putting some pressure on this, but when it comes to what we just heard, we also wanna call out the delivery numbers because I think that's critical to talk about here when it talks about Leo delivering 80,400 vehicles in Q One.
You compare that with a 19 point 8% margin so larger than this most recent quarter in the first quarter of 2023.And I think just coming back to your point of exactly how this business is going to be able to continue to operate right now and, and make sure that they can ensure investors that they are going to maintain this profit margin.
So that's something that analysts are very closely watching whether or not we are gonna see a tick up in airfare for this summer. But I think the market is really gonna be focused on that event that's happening after the bell on Wednesday when it comes to Nvidia's earnings, potentially here setting the tone for the markets going forward.
Now, here is the five year on silver again, a four year consolidation only recently breaking to the upside. Clearly, this could be a huge win for the company going forward when it comes to exactly what this means here for him. II, I guess, where do you reinvest some of those profits is gonna be the next question for investors to make sure that you're ahead of the next R and D development or R and D phase, research and development phases for, I, I don't know what people decided to decide to do after this, but uh, once you've lost all that weight, you gotta figure out something.
So talk to me just about what we are seeing here when it comes to the fact that we are at record levels.Well, NVIDIA has been important for a very long time. And I think we may be at that point right this minute, is there a risk to the, the overcrowded that we're starting to see in some of the generative A I trade right now, there's definitely a risk there.
But a lot of these other small companies that talk about it, a lot, many cases, it's just just a me too pylon to sort of get some attention that's important for investors to do real research from reputable sources to make sure that they get this information, you know, talking to some 22 year old on, you know, on reddit is probably not the best place to get investment advice about things like this reddit.
You've got to look for opportunities to buy when we have dips and as I said, I think we're probably due for one right around now, Randy, I'm taking a look at some data from options A I that is showing an implied move or an expected move of about 9% post earnings here. The company basically just has to continue to do what it's been doing all along to show that it's executing, to show that it's developing just to show that it's continuing to make, to make forward progress.
Surprisingly, it, it's, it's not entirely accurate, but there's an element of truth to it so that the belief that you should get out in May and then come back in, in September is false. And it happened, you know, at the very first or second day of the month, there's a very good probability based on historical trends that we will see a dip here over the course of the next couple of weeks.In fact, I think in the end of the year, the S and P 500 is gonna be a couple of 100 points above where it is right now.
But overall look, I think the the structural bull case for the copper market remains uh remains in place. So what would make me much more comfortable at this junction is if you continue to see the green spending coming through while we have a little bit of a lower drag from uh from the housing market, that's something that hopefully uh as the grid is coming along nicely, the housing market is a lot of measures now being put in place uh that hopefully uh slots into place too.
So on that, on that angle and keeping in mind the dislocation that we already saw last year, I think that that Rachel can continue to dislocate. Now, if we are uh if you continue that reshoring or that on shoring, I think that investment will come through and ultimately also the manufacturing demand. Thanks so much for taking the time here today, Michael Widmer, who is the b of a global research head of metals research.Uh huh one of Wall Street's most prominent bearish analysts changing his tune.
And there you're taking a look at some of those other bullish S and P 500 year end forecasts, I mean, the bullish tenor, the, the, the, I mean, love AAD instead of the hater ade if you will, is certainly flowing heavily on the street today, you are any researcher out with a market call from 40,000 to infinity and beyond channeling buzz light year there.
They write given improving earnings revisions and structural drivers that they believe the recent underperformance offers an attractive entry point there and then also they maintain long exposure to certain defensive areas to hedge against the risk of slowing growth.Utilities in particular, uh We certainly have started to see those two sectors catch a bit here with investors over the last couple of weeks, in particular, utilities, you, you and I have talked about it a number of times.
Are you looking for stocks that could see a bull run for decades ahead? Here are two top TSX stocks that should continue to soar! The post Bull Market Buys: 2 TSX Stocks to Own for the Long Run appeared first on The Motley Fool Canada.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tesla probe, Reddit earnings, market outlook: Morning BriefTesla stock (TSLA) is being dragged down lower after US Department of Justice (DOJ) officials are focusing their attention on alleged securities and wire...
Leer más »
Jay Powell won't give in to the market's biggest fear: Morning BriefAs interest rate cuts get pushed into the future, investors fear potential rate hikes. Fed Chair Jerome Powell, however, appears not to share these worries.
Leer más »
The biggest earnings week is still a month away: Morning BriefNvidia will report earnings in late May, an event that is likely more crucial to the overall market than the coming week's crush of results and economic data...
Leer más »