Earnings
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Nvidia’s earnings cleared our lofty bar. Here’s our new price target on the AI chip king

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., holds up the company’s AI accelerator chips for data centers as he speaks during the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024.  Akio Kon | Bloomberg | Getty Images Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put,…

Earnings
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Snowflake shares pop 19% on earnings and revenue beat

The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021. NYSE Snowflake shares on Wednesday spiked 19% in extended trading after the data analytics software maker reported fiscal third-quarter earnings that beat estimates. Here’s how the company did, compared to LSEG analyst expectations: Earnings per share:…

Earnings
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We’re changing our price target on TJX despite the retailer’s light guidance

North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Companies delivered strong quarterly results before Wednesday’s opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer’s proclivity to under-promise and over-deliver. Source: www.cnbc.com

Earnings
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Nvidia to report third-quarter earnings after the bell

Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here’s what Wall Street is looking for, per LSEG consensus estimates: Revenue: $33.16…

Earnings
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Germany’s struggling Thyssenkrupp books $1 billion impairment charge as steel demand weakens

A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged “gloomy volume” expectations and…