US stocks open higher on strong earnings
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Zacks Investment Research on MSNPure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/YPure Storage PSTG reported first-quarter fiscal 2026 non-GAAP earnings per share (EPS) of 29 cents, which beat the Zacks Consensus Estimate by 16%. The company had posted non-GAAP EPS of 32 cents in the prior-year quarter.
Nvidia (NVDA, Financials) shares are in focus ahead of its quarterly earnings report due after the market closes on Wednesday, with investors closely watching chart levels for trading cues. Warning! GuruFocus has detected 3 Warning Signs with NVDA.
Investors are bracing for Nvidia Corp. to report its latest quarterly earnings on Wednesday, as the artificial-intelligence chip maker’s stock is highly correlated to the U.S. equities market, according to Bespoke Investment Group.
The period has been positive so far, with all three companies above – Palantir, Eaton, and Cboe Global Markets – posting robust results that broke records. Want the latest recommendations from Zacks Investment Research? Download 7 Best Stocks for the Next 30 Days. Click to get this free report
Costco stock price will be in focus this week as it publishes its financial results. COST has formed a risky chart pattern on the daily chart
Palo Alto Networks shares tumbled on Wednesday as the cybersecurity giant’s mostly in-line guidance overshadowed quarterly results that surpassed Wall Street expectations. Monitor these key support and resistance levels.
Golar LNG Limited (GLNG) reported mixed first-quarter 2025 results wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. Quarterly earnings of 38 cents per share beat the Zacks Consensus Estimate of 29 cents but declined year over year.
Nvidia investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when it reports results on Wednesday, even as a pullback in other regulations is expected to open up new markets.