What happened: Nvidia (NVDA) stock rose as much as 2% on Friday before giving up some of its gains, putting the stock within striking distance of a new record high. What’s behind the move: Nvidia extended its advance from the previous session as AI-related semiconductor stocks continued to climb. The stock closed at $230.36, just…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
Kristina Ruggeri Analyst: Generalist Kristina began working with Argus Research in 2019. She is responsible for covering selected Consumer Discretionary and Consumer Staples Stocks and has nearly 20 years of experience in the financial services industry. Kristina began her career at Price Waterhouse where she audited asset managers, broker dealers, and banks. Later she joined…
Kevin Heal Chief Compliance Officer & Senior Analyst: Financial Services Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and regional dealers…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
July 27 (Reuters) – Cracker Barrel on Monday said Julie Masino would step down as its CEO, nearly a year after the company faced criticism from conservatives, including U.S. President Donald Trump, for a short-lived decision to change its decades-old logo. Here are the details: • Masino will step down as CEO on August 10…
It’s amazing how the free cash flow line has meant wildly different things for Apple (AAPL) and Oracle (ORCL) investors this year. Call it an Investing 101 reminder: Cash is king. Quick insight: With tech investors laser-focused on capex, free cash flow has emerged as a major driver of share prices this year. The latest…
September WTI crude oil (CLU26) today is down -6.06 (-6.79%), and September RBOB gasoline (RBU26) is down -0.0679 (-2.10%). Crude oil and gasoline prices are sinking today, with gasoline falling to a 1-week low. The easing of tensions in the Middle East is weighing on energy prices today after the US and Iran held off…
The S&P 500 Index ($SPX) (SPY) today is up +0.11%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.46%. September E-mini S&P futures (ESU26) are up +0.11%, and September E-mini Nasdaq futures (NQU26) are down +0.40%. Stock indexes gave up early gains today and are trading mixed, with…
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