Jim Cramer's top 10 things to watch in the stock market Thursday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Nasdaq is set for a higher open, supported by Nvidia's beat and stock pop that added more fuel to the AI trade

My top 10 things to watch Thursday, Aug. 24 Nvidia is triumphant. Another blowout quarter and once again showing why it's an "own it, don't trade it" stock. Big guidance raise. Shares surged 8% early Thursday, set to open at a fresh all-time high above $500. Needless to say, our current $450-per-share price target will be revised higher. Avalanche of PT increases on Wall Street.

Dollar Tree lowers forward guidance for its third quarter. The stock drops 7% on the news. Also, unfavorable shrink trends. The company, which also owns Family Dollar, says more traffic to stores but consumer spend less. Strapped shoppers blamed, in part, for terrible financials Wednesday at Club stock Foot Locker . Shares under pressure Thursday, one day after sinking 28%. We downgraded Foot Locker to our 4 rating, which means do nothing until more information.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street is set to open higher after the Nasdaq had its best day in the rough month of August.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayStocks are set to open slightly higher as investors look forward to Wednesday's after-the-bell earnings from Club name Nvidia.
Source: CNBC - 🏆 12. / 72 Read more »

Here are 18 stocks Jim Cramer is watching, including a big Goldman call on AI namesHere are some of the tickers on my radar for Tuesday, Aug. 22 taken directly from my reporter's notebook.
Source: CNBC - 🏆 12. / 72 Read more »