S&P 500’s top five stocks match market cap of bottom 434, Batnick says
S&P 500’s top five stocks match market cap of bottom 434, Batnick says
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Stocks mixed premarket as Nvidia jumps after earnings
U.S. stock futures were mixed Thursday, with the Dow slipping and the S&P 500 and Nasdaq 100 rising after Wednesday’s lower close. Nvidia gained 7.32% in premarket after better-than-expected second-quarter results and a strong third-quarter revenue forecast.
Walmart sinks 9.4% after U.S. comparable sales slow
Walmart falls 9.4% after reporting adjusted EPS of $0.81 and revenue of $187.9 billion that topped consensus, while U.S. comparable sales rose 2.6% versus 3.8% expected and the company lifted full-year adjusted EPS guidance to $2.80-$2.87.
Cybersecurity names draw support from earnings and guidance
PANW, CRWD, QLYS, NET and RBRK are highlighted for recent earnings momentum, with PANW and QLYS posting reported results and guidance updates and CRWD facing an August 26 call.