Corporate earnings continue to be front‑of‑mind. Nvidia Corporation (NVDA) was the most recent example, beating expectations with revenue and earnings‑per‑share coming in better than consensus. NVDA was up +30% pre-market this morning, so much that it is on track to exceed $1 trillion in market capitalization. This would put NVDA in a unique club of...
Once again investors find themselves watching rival political parties in the U.S. wrangle over a path to raising the country’s debt ceiling. There is a sense of urgency to this process as estimates for when the U.S. Treasury runs out of funds could occur as soon as June 1. The government actually exceeded its borrowing...
This week, equity investors were heartened by the news that rival political parties were in negotiations to resolve the nation’s debt ceiling issue. As measured by the Russell 3000 Index of domestic equities, stocks returned 1.1% for the week. Growth stocks provided all of the momentum to the weekly return as the Russell 1000 Growth...
