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'Didn't Take Much For Nvidia To Get People Excited About AI,' Says Strategist, After Jensen Huang Talks Up AI's Potential Beyond Data Centers
Thursday, September 12, 2024 - 3:34am | 1021Nvidia Corp. (NASDAQ:NVDA) shares jumped over 8% on Wednesday, taking the broader market and the tech sector higher along with them, and two experts weighed in on Nvidia-led recovery. Nvidia – AI Trades’ Lifeline: After a strong move to the downside in initial reaction to the August...
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Why The December Jobs Report Is A Crucial Indicator For US Economy's Trajectory
Friday, January 5, 2024 - 7:23am | 721The upcoming December jobs report, expected to be released on Friday, will play a pivotal role in determining the future trajectory of the U.S. economy and the Federal Reserve’s monetary policy. What Happened: CNBC reported that analysts are looking forward to the job report, which is due to...
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'Better Than Expected': Stock Market Update For The Week Ahead
Sunday, October 11, 2020 - 6:35pm | 1496The Past Week, In A Nutshell What Happened: Last week ended positive alongside progress in stimulus talks. Remember This: “Very rarely in the last 10 years have we seen earnings estimates moving higher after a quarterly reporting season,” said Art Hogan, chief market strategist at...
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Strategist: Sino-American Trade War Is Market's 'Most Difficult Headwind'
Monday, November 5, 2018 - 10:47am | 446President Donald Trump and his Chinese counterpart Xi Jinping are set to meet later this month in Argentina, but investors hoping for a swift resolution to the trade dispute may want to reconsider, according to Nobel Prize winner Michael Spence. Talks Will Continue 'For Some Time' Spence, a...
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Pro: It'd Be A Mistake For Investors To 'Hit The Exits' Now
Monday, June 5, 2017 - 10:21am | 483The "Trump Rally" has made many investors richer, and as the major stock indices are trading near historical all-time highs, now is the right time to cash in on the profitable investments, right? Not necessarily, at least according to Wunderlich's chief market strategist, Art Hogan. One of the most...
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7 Things These Experts Are Saying About The FOMC
Friday, February 20, 2015 - 4:46pm | 606In a report published Friday morning, Wunderlich Securities analysts Merrill Ross and Art Hogan discuss the minutes from the January meeting of Federal Open Market Committee. Here are the highlights detailing their views: “After more than six years at the zero bound for the overnight...
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Expedia's 25 Percent Drop: A Warning Sign From The Online Travel Agency Industry? (EXPE)
Saturday, July 27, 2013 - 12:23pm | 661Expedia (NASDAQ: EXPE), the front runner of losses on the S&P on July 26, dropped a whopping 25 percent. The online travel agency found itself in stormy waters after reporting second quarter earnings on July 25, missed expectations. The 27 analysts covering the company foresaw revenues of $1...
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Art Hogan's Pick Of The Week (EXPE)
Friday, December 17, 2010 - 10:29am | 127Art Hogan, Global Products Equities Director at Jefferies & Co. is on CNBC with his pick of the week, and Hogan picks Expedia (NASDAQ: EXPE). Hogan is saying that there are major concerns about travel data in the U.S., but recent data, even as recent as yesterday from Comscore (NASDAQ: SCOR),...
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Art Hogan's Pick Of The Week
Friday, December 10, 2010 - 10:26am | 90Art Hogan of Jefferies is on CNBC with his pick of the week and he likes Illinois Tool Works Inc. (NYSE: ITW). Hogan says he thinks that Illinois Tool Works has great free cash flow, and it's an under the radar play on construction, as well as the automotive industry. Hogan believes that 2011 and...
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Art Hogan Thinks Tax Cut Will Bring Retail Back Into Market
Tuesday, December 7, 2010 - 2:13pm | 70Art Hogan is on CNBC and he is saying that this extension of the Bush tax cuts will bring the retail investors back into the market. Hogan said that other asset classes are seeing retail investors, such as commodities. Hogan said that individual investors will move into stocks more because they...
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Art Hogan's Pick Of The Week (CI)
Friday, November 12, 2010 - 10:25am | 57Art Hogan of Jefferies & Co. is on CNBC with his pick of the week and he is saying that CIGNA Corporation (NYSE: CI) is his pick of the week. CIGNA Corporation provides health care and related benefits in the United States and internationally. Shares of CI closed at $37.00 yesterday.
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Art Hogan's Pick Of The Week (KEX)
Friday, October 29, 2010 - 9:27am | 89Art Hogan of Jefferies & Co. just released his pick of the week on CNBC, and his pick is Kirby (NYSE: KEX). The company has a 30% market share in its business, and is running at 90% capacity utilization. The comapny talked about strong shareholder activity, such as buybacks, and M&A...
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Art Hogan's Pick Of The Week (HOT)
Friday, October 22, 2010 - 9:25am | 79Art Hogan of Jefferies just announced his pick of the week, and it's in the leisure and travel sector. Hogan said that Starwood Hotels & Resorts Worldwide, Inc (NYSE: HOT) is his pick of the week. Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. Its brand names...
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Art Hogan's Pick Of The Week (WFMI)
Friday, October 15, 2010 - 9:27am | 67Jefferies & Co. analyst Art Hogan's pick of the week is Whole Foods Market, Inc. (NASDAQ: WFMI), as he believes the demographic that shops there is improving, on an increased employment rate. Jefferies raised WFMI to a Buy, and raised its price target to $45. Whole Foods Market, Inc. engages in...
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Art Hogan's Picks Of The Week
Friday, October 8, 2010 - 9:27am | 107Art Hogan, chief market analyst at Jefferies (NYSE: Jef) just appeared on CNBC with his picks of the week. Hogan went on to say that QE2 might be better for the markets if it is not needed, as the economy is recovering on its own. Hogan had a couple of picks for CNBC. He said he likes the Tier 1...