Nvidia Stock Price Forecast: Seven-Day Drop Ahead of Earnings, Can $200 Support Hold?
TradingKey·- Nvidia experienced a seven-day losing streak ahead of its Q2 FY2027 earnings release scheduled for August 26, with its stock trading around $209.41. - Consensus revenue expectations stand at approximately $91.9 billion, while adjusted EPS is projected to grow 99% year-over-year to $2.08–$2.09. - The stock faces key tests regarding whether the $200 psychological support level can hold amid potential post-earnings volatility.European Shares Poised For Higher Open As Bond Yields Ease
rttnews·- European stocks are expected to open higher on Tuesday as U.S. Treasury yields decline. - The drop in yields follows reports that the U.S. Treasury may utilize its General Account to fund its bond buyback program. - Meanwhile, U.S. stock futures rose ahead of key corporate earnings and upcoming economic data releases.Dow Jones Top Company Headlines at 1 AM ET: Hyundai Motor, Union Reach Wage Deal to End Walkouts | Visa ...
MorningStar·- Hyundai Motor and its union reached a tentative wage deal to end production-disruptive walkouts, while Visa and Mastercard stocks hit record highs due to resilient U.S. consumer spending. - SpaceX plans to launch Nvidia-powered AI satellites by next year, and the FDA approved an Alzheimer's blood test developed by Roche and Eli Lilly. - The FTC reached an antitrust settlement with Zillow and Redfin, and the NHTSA expanded its investigation into GM's electronic braking system.Jensen Huang Told Investors to "Buy at a Discount" on June 8. History Says This Is How Often CEOs Who Publicly Call the Bottom Are Actually Right.
Motley Fool·- Nvidia CEO Jensen Huang advised investors to buy the company stock at a discount on June 8, 2026, following a 10% pullback. - Historical studies and examples show that heavy stock purchases or endorsements by prominent CEOs like Jamie Dimon and Elon Musk often correlate with long-term market outperformance, though some predictions fail. - Supported by strong upcoming second-quarter earnings expectations with projected revenue jumping 97% to $92.2 billion, Huang's prediction is viewed as a favorable bet for investors.Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·- President Donald Trump purchased between $15,001 and $50,000 in SpaceX shares on June 23, 2026, following the company's record $1.77 trillion IPO. - The financial disclosure also revealed numerous other stock trades in June 2026, including investments in Berkshire Hathaway and sales of major tech stocks like Nvidia and Tesla. - The White House stated that third-party financial institutions independently manage Trump’s portfolio without any direction or influence from him or his family.Micron Stock Forecast: Shares Nearly Breach $900 Mark Intraday, Risk Another 18% Drop to Retest Lows
TradingKey·- Micron Technology shares experienced heavy volatility, dropping nearly 6% in a single day to close at $910.43 amid macroeconomic risk aversion and sector competition. - Regulatory reports suggesting Apple might source Chinese memory chips and cautious market sentiment ahead of Nvidia's earnings report triggered panic selling and profit-taking in the chip sector. - The stock is undergoing a technical correction near the $900 support level, and breaking below this point could drive shares down by approximately 18% to retest the July 29 low of $740.Bitcoin Hovers Near $80,000, Ethereum, XRP Spike, but Dogecoin Slips As Crypto Rally Gains Steam: Analyst Spots This New Bullish Signal for BTC
benzinga_article·- Major cryptocurrencies and related equities climbed on Monday, with Bitcoin nearing $80,000 and Ethereum reaching a seven-month high. - The global crypto market capitalization increased by 2.36 % to reach $2.68 trillion, while over $420 million was liquidated in 24 hours. - Analyst Ali Martinez noted that Bitcoin reclaimed its 1,130-day simple moving average, a historical indicator that previously signaled the start of new bull markets.Nvidia, Bloom Energy, SanDisk, Expion Energy and Visa: Why These 5 Stocks Are on Investors' Radars Today
benzinga_article·- Major U.S. indexes closed mixed on Monday, with specific stocks like Nvidia, Bloom Energy, SanDisk, Expion Energy, and Visa drawing significant investor attention amid various market catalysts and financial disclosures. - Nvidia shares fell 2.91 % ahead of an earnings report, while Bloom Energy and Visa saw increased interest following high-profile stock purchases by political figures. - SanDisk declined 6.45 % amid a tech sector pullback, and Expion Energy surged 80.49 % after acquiring an oil and gas exploration prospect in Louisiana for $ 3.425 million.Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch US$8 billion, FT reports
Businesstimes News·- Shell has attracted interest from potential bidders like ExxonMobil, LyondellBasell, Apollo Global Management, and Kuwait Petroleum Corporation for its US chemical assets. - The US chemical assets, comprising plants across four sites in Louisiana, Texas, and Pennsylvania, could potentially fetch up to US$ 8 billion following non-binding offers submitted in July. - This divestment aligns with Shell's broader strategy to sell underperforming chemical plants and scale back certain investments to focus on upstream operations.Congressman Buys Magnificent Seven Stock, Blue Chip Stock — And a Stock You’ve Never Heard Of
benzinga_article·- Representative David Taylor disclosed several stock transactions made in August, including the sale of Microsoft and purchases of Alphabet, Procter & Gamble, and Installed Building Products. - The purchases featured major tech and consumer blue-chip stocks alongside Installed Building Products, a smaller regional company headquartered in Taylor's home state of Ohio. - Taylor has consistently timed his trades in Installed Building Products to generate profits and has executed over 200 stock trades since 2025.