U.S. STOCKS ON THE MOVE-Li Auto, NVIDIA, CrowdStrike
28/08/2024 18:53
*
Eikon search string for individual stock moves: STXBZ
*
The Day Ahead newsletter: https://refini.tv/3LI4BU7
*
The Morning News Call newsletter: https://refini.tv/3dKUyB8
Wall Street's main indexes were lower on Wednesday ahead of Nvidia's earnings,
with the Nasdaq leading declines, as focus was squarely on if the recent bull
market rally that was led by the AI chip firm and other tech-related shares can
be sustained. .N
At 13:37 ET, the Dow Jones Industrial Average .DJI was down 0.41% at
41,079.46. The S&P 500 .SPX was down 0.59% at 5,592.41 and the Nasdaq
Composite .IXIC was down 1.05% at 17,568.595.
The top three S&P 500 .PG.INX percentage gainers:
** Insulet Corp PODD.O , up 4.7%
** Vertex Pharmaceuticals VRTX.O , up 2.6%
** Bristol-Myers Squibb BMY.N , up 2.4%
The top three S&P 500 .PL.INX percentage losers:
** Super Micro Computer SMCI.O , down 23.2%
** Bath & Body Works BBWI.N , down 7.6%
** lululemon athletica LULU.O , down 4.4%
The top two NYSE .PG.N percentage gainers:
** Ooma Inc OOMA.N , up 22.6%
** Chewy Inc CHWY.N , up 15.4%
The top three NYSE .PL.N percentage losers:
** ESS Tech GWH.N , down 19.2%
** Abercrombie & Fitch Co. ANF.N , down 18.2%
** Gaotu Techedu GOTU.N , down 16.5%
** Nordstrom Inc JWN.N : up 3.7%
BUZZ - Rises after Q2 earnings beat estimates urn:newsml:reuters.com:*:nL4N3KF1EM
** nCino Inc NCNO.O : down 12.9%
BUZZ - Slides after unchanged annual revenue forecast urn:newsml:reuters.com:*:nL4N3KF0P0
** Coinbase Global Inc COIN.O : down 4.2%
** Riot Platforms Inc RIOT.O : down 3.5%
** Marathon Digital Holdings Inc MARA.O : down 3.9%
** Hut 8 Mining Corp HUT.O : down 8.6%
BUZZ - Crypto stocks fall in tandem with bitcoin urn:newsml:reuters.com:*:nL4N3KF0PZ
** Newmont Corp NEM.N : down 1.8%
** Barrick Gold Corp GOLD.N : down 2.7%
** Gold Fields Ltd GFI.N : down 1.5%
** AngloGold Ashanti Ltd AU.N : down 3.0%
BUZZ - Gold miners decline after bullion falls 1% urn:newsml:reuters.com:*:nL4N3KF11H
** PVH Corp PVH.N : down 6.1%
BUZZ - Drops after downbeat Q3 forecasts urn:newsml:reuters.com:*:nL4N3KF0ST
** Semtech Corp SMTC.O : up 8.3%
BUZZ - Gains on upbeat forecast, Q2 results beat urn:newsml:reuters.com:*:nL4N3KF0TT
** Ambarella Inc AMBA.O : up 8.4%
BUZZ - Soars after Q3 revenue forecast above estimates urn:newsml:reuters.com:*:nL4N3KF0S4
** Foot Locker Inc FL.N : down 10.4%
BUZZ - Down on wider Q2 loss, lower annual gross margin target urn:newsml:reuters.com:*:nL4N3KF17T
** Kohl's Corp KSS.N : up 1.9%
BUZZ - Jumps on raising annual profit forecast urn:newsml:reuters.com:*:nL4N3KF13P
** Patterson Companies Inc PDCO.O : down 12.3%
BUZZ - Tumbles on Q1 profit miss urn:newsml:reuters.com:*:nL4N3KF0XX
** Nanobiotix SA NBTX.O : up 11.7%
BUZZ - Guggenheim initiates Nanobiotix coverage with 'buy', shares
rise urn:newsml:reuters.com:*:nL4N3KF193
** Bath & Body Works Inc BBWI.N : down 7.6%
BUZZ - Falls after annual sales forecast cut urn:newsml:reuters.com:*:nL4N3KF19E
** Chewy Inc CHWY.N : up 15.4%
BUZZ - Rises on Q2 profit beat urn:newsml:reuters.com:*:nL4N3KF1J5
** Starwood Property Trust Inc STWD.N : up 0.3%
BUZZ - Raymond James raises Starwood Property Trust PT urn:newsml:reuters.com:*:nL4N3JV1OA
** J.M. Smucker Co SJM.N : down 4.3%
BUZZ - Down on trimming annual sales, profit forecasts urn:newsml:reuters.com:*:nL4N3KF13U
** Abercrombie & Fitch Co ANF.N : down 18.2%
BUZZ - Pares YTD gains after Q2 results urn:newsml:reuters.com:*:nL4N3KF167
** APA Corp APA.O : down 0.2%
** Chesapeake Energy Corp CHK.O : down 2.3%
** Coterra Energy Inc CTRA.N : down 1.4%
** Devon Energy Corp DVN.N : down 0.2%
BUZZ - Citigroup cuts PTs on US oil and gas firms urn:newsml:reuters.com:*:nL4N3KF0XH
** Maravai LifeSciences Holdings Inc MRVI.O : up 1.5%
BUZZ - Climbs on collaboration to launch DNA concentration testing kit
urn:newsml:reuters.com:*:nL4N3KF19T
** Exxon Mobil Corp XOM.N : down 1.0%
** Chevron Corp CVX.N : down 0.8%
** Marathon Oil Corp MRO.N : down 1.1%
** SM Energy Co SM.N : down 0.8%
BUZZ - Oil companies fall as demand concerns offset supply risks urn:newsml:reuters.com:*:nL4N3KF117
** Neurocrine Biosciences Inc NBIX.O : down 19.1%
BUZZ - Falls as investors question schizophrenia drug's trial data urn:newsml:reuters.com:*:nL4N3KF18Q
** AeroVironment Inc AVAV.O : up 10.3%
BUZZ - Soars after about $1 bln US Army contract win urn:newsml:reuters.com:*:nL1N3KF0K5
** Super Micro Computer Inc SMCI.O : down 23.2%
BUZZ - Slumps after company delays filing annual report urn:newsml:reuters.com:*:nL4N3KF16E
** HEICO Corp HEI.N : up 1.7%
BUZZ - Truist expects HEICO to outgrow overall market into FY25; raises PT
urn:newsml:reuters.com:*:nL4N3KF0ZG
** Royal Bank of Canada RY.N : up 2.8%
BUZZ - Rises after quarterly profit beat urn:newsml:reuters.com:*:nL4N3KF155
** Berkshire Hathaway Inc BRKa.N : up 0.4%
BUZZ - Hits $1 trillion in market value for first time urn:newsml:reuters.com:*:nL4N3KF17I
** SpringWorks Therapeutics Inc SWTX.O : up 2.8%
BUZZ - Rises as FDA grants priority review to genetic disorder drug
urn:newsml:reuters.com:*:nL4N3KF17H
** TransUnion TRU.N : down 1.1%
BUZZ - Dips after Needham downgrades to 'hold' urn:newsml:reuters.com:*:nL4N3KF0OZ
** Safety Shot Inc SHOT.O : up 11.5%
BUZZ - Climbs on partnership with ecommerce platform Vendo urn:newsml:reuters.com:*:nL4N3KF18Z
** Polestar Automotive Holding UK PLC PSNY.O : down 14.5%
BUZZ - Falls after naming new CEO urn:newsml:reuters.com:*:nL4N3KF1A8
** Equifax Inc EFX.N : up 0.6%
BUZZ - Rises after Needham lifts PT to $350 urn:newsml:reuters.com:*:nL4N3KF17U
** Arcutis Biotherapeutics Inc ARQT.O : up 2.0%
BUZZ - Climbs on positive trial results for skin disease treatment urn:newsml:reuters.com:*:nL4N3KF1BO
** Cleveland-Cliffs Inc CLF.N : down 4.1%
** Steel Dynamics Inc STLD.O : down 2.2%
** Alcoa Corp AA.N : down 5.3%
BUZZ - Steelmakers' shares fall; iron ore futures retreat from 3-week high
urn:newsml:reuters.com:*:nL4N3KF1BP
** Elf Beauty Inc ELF.N : up 1.1%
BUZZ - Rises on $500 mln share repurchase program urn:newsml:reuters.com:*:nL4N3KF1CH
** Fiserv Inc FI.N : up 1.1%
BUZZ - Rises after BTIG starts coverage with 'buy' rating urn:newsml:reuters.com:*:nL4N3KF1D3
** AvalonBay Communities Inc AVB.N : up 0.6%
** Equity Residential EQR.N : up 0.9%
** Essex Property Trust Inc ESS.N : up 0.4%
** UDR Inc UDR.N : up 1.0%
BUZZ - Evercore ISI raises PTs on some REITs ahead of Fed lowering rates
urn:newsml:reuters.com:*:nL4N3KF1CI
** Williams Companies Inc WMB.N : down 1.4%
** Conocophillips COP.N : down 1.1%
** Baker Hughes Co BKR.O : down 1.1%
** EQT Corp EQT.N : down 1.6%
BUZZ - US energy sector falls on EIA data, demand concerns urn:newsml:reuters.com:*:nL4N3KF1CW
** CrowdStrike Holdings Inc CRWD.O : down 2.1%
BUZZ - Falls heading into report with outage fallout in focus urn:newsml:reuters.com:*:nL1N3KF0OG
** Nvidia Corp NVDA.O : down 2.1%
BUZZ - Drops ahead of highly-anticipated results [nL4N3KF1GF ]
** Freeport-McMoran Inc FCX.N : down 3.1%
** Southern Copper Corp SCCO.N : down 4.0%
** Rio Tinto PLC RIO.N : down 1.8%
** BHP Group Ltd BHP.N : down 2.3%
BUZZ - Copper miners slip on China demand concerns urn:newsml:reuters.com:*:nL4N3KF1IP
** Li Auto Inc LI.O : down 16.5%
BUZZ - U.S.-listed shares drop as revenue forecast lags estimates urn:newsml:reuters.com:*:nL4N3KF1KH
The 11 major S&P 500 sectors:
Communication Services .SPLRCL down 0.89%
Consumer Discretionary .SPLRCD down 1.14%
Consumer Staples .SPLRCS down 0.36%
Energy .SPNY down 0.85%
Financial .SPSY up 0.11%
Health .SPXHC up 0.14%
Industrial .SPLRCI up 0.01%
Information Technology .SPLRCT down 1.19%
Materials .SPLRCM down 0.29%
Real Estate .SPLRCR down 0.43%
Utilities .SPLRCU up 0.22%
(Compiled by Vallari Srivastava and Rajarshi Roy)
((Rajarshi.Roy@thomsonreuters.com))