Morning Bid: Nvidia sees past triple-digit growth [Yahoo! Finance]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: Yahoo! Finance
There's not too much to worry about at world's most valuable company - or the artificial intelligence theme - but just conceding that triple-digit growth can't last forever has been enough to stall Nvidia's share price and dampen global tech stocks. The $3.6 trillion chip giant's revenue forecast on Wednesday disappointed Wall Street, with its stock down more than 3% premarket - with peers Advanced Micro Devices, Intel and Qualcomm off about 1% in sympathy and European chipmakers down as well. Although it beat most metrics and consensus estimates yet again, Nvidia forecast its slowest revenue growth in seven quarters and flagged supply chain constraints through next year. Its executives warned investors the company's margins would sink several percentage points to the low-70% range until production kinks are ironed out. But don't shed too many tears. The AI bellwether's latest earnings report was by most standards still extraordinary - sales in its main data center segment more
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ROST
News
- Ross Stores On Tariffs: ‘We Will Not Be the Leader in Raising Prices' [Yahoo! Finance]Yahoo! Finance
- Ross Stores, Inc. (NASDAQ: ROST) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $180.00 price target on the stock.MarketBeat
- Retailers must 'stay calm' before any tariffs materialize: Expert [Yahoo! Finance Canada]Yahoo! Finance Canada
- Retailers must 'stay calm' before any tariffs materialize: Expert [Yahoo! Finance]Yahoo! Finance
- Ross Stores Q3 Earnings Beat, Comparable Sales Hurt by Weather [Yahoo! Finance]Yahoo! Finance
ROST
Earnings
- 11/21/24 - Beat
ROST
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 10/28/24 - Form 8-K
- ROST's page on the SEC website