As Nvidia’s numbers are eagerly awaited following the bell, analysts are keeping a close eye on the stock’s performance. With Nvidia experiencing a significant surge in the past year, there is a lot of anticipation around its quarterly report. The stock is currently 8.8% away from its recent high, showing some potential for growth. However,
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Portillo’s is a well-established fast casual restaurant chain in the United States, known for its delectable Chicago-style hot dogs, Italian beef sandwiches, and chocolate cake shakes. The company was founded over 60 years ago and has been a staple in the Midwest. However, despite its rich history and iconic status, Portillo’s has recently come under
The retail sector has been undergoing significant changes, with companies like Target and TJX reporting substantial increases in stock prices. However, the focus is now shifting towards mall real estate investment trusts (REITs). Companies like Kimco and Simon Property Group have seen positive gains, with both stocks rising more than 1% in a single day.
The Inflation Reduction Act, signed into law by President Joe Biden in 2022, has led to a surge in manufacturing investments, particularly in clean energy technology and electric vehicle manufacturing. Since the IRA was enacted, companies have announced a total of $133 billion in investments in these sectors, with $89 billion specifically going towards manufacturing
The rise of online sports betting has had a significant impact on personal finances, especially among financially distressed individuals. A recent study, titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households,” emphasizes the negative consequences of this trend. The paper highlights that since the legalization of sports betting in 38 states following the Supreme
Elliott Management has been making waves in the financial world with its recent activist campaigns. Known for being one of the most active activist investors, Elliott Management has been strategically buying into various companies such as Texas Instruments, Southwest Airlines, and Starbucks. This move by the firm has not only caught the attention of investors
The demand for power from data centers is expected to triple by 2030, driven by the rapid scaling up of artificial intelligence technology. This growth is projected to lead to an explosion in the use of renewable energy and natural gas, according to a recent report by Mizuho Securities. By the end of the decade,
In the midst of a volatile market, dividend-paying stocks can be a safe haven for investors looking for stability and consistent returns. Health-care giant Pfizer (PFE) stands out as a top dividend stock, offering investors a dividend yield of 5.9%. Pfizer recently announced better-than-expected second-quarter results, driven by its cost-cutting initiatives and strong sales of
In today’s digital era, data centers have become a crucial component of the infrastructure that supports the Internet and various technological advancements. However, as data centers continue to expand and require increasing amounts of power, the search for clean and sustainable energy sources has become more imperative. Tech companies are now looking to connect data
Stocks @ Night is a daily newsletter that provides a snapshot of the market after hours, shedding light on what to expect the next trading session. The newsletter covers a range of stocks and companies, highlighting their performance and any significant news or developments that may impact their value. In the latest issue of Stocks