Nvidia Earnings, CrowdStrike Reports, Salesforce Target Cut
On this episode of Stock Movers:
- Nvidia (NVDA) is leading Magnificent Seven stock gains in premarket trading on Wednesday as Wall Street awaits the chip giant’s earnings for an update on demand for artificial intelligence chips.
- CrowdStrike’s (CRWD) net new annual recurring revenue is expected to have dropped 4% in the second quarter, according to consensus.
- Oppenheimer & Co cut the target on Salesforce (CRM) to $315 from $370. Maintains outperform rating.
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