Tuesday's big stock stories: What’s likely to move the market in the next trading session
The S&P 500 slipped to start the week as tech stocks tumbled on Monday. Tune in to CNBC Tuesday morning for Scott Kirby, CEO of United Airlines.
TL;DR
- Nvidia's upcoming earnings report is a key focus, with 90% of its revenue tied to the data center industry.
- GE Vernova has seen a roughly 47% jump since January, and Micron Technology's stock is considered attractive due to low valuation despite a recent fall.
- Upcoming reports include new home sales data, earnings from Dick's Sporting Goods, and Bank of Montreal.
- Expedia and Amgen have recently reached new highs.
- Jim Cramer suggests it's acceptable to sell some stocks with data center exposure but acknowledges it as a growth area.