CNBC Daily Open: Stocks up ahead of Nvidia earnings
Written by Emily J. Thompson, Senior Investment Analyst
Source: CNBC
Updated: Aug 28 20240mins
Market Performance: The Dow Jones reached a record close, driven by Nvidia's anticipated earnings report, while Eli Lilly introduced a lower-priced weight loss drug to improve accessibility amid rising demand for such medications.
Nvidia's Impact and Tech Earnings: Nvidia's stock is crucial for market momentum, with expectations high for its upcoming earnings; however, analysts express concerns about sustaining growth amidst potential challenges in the tech sector following recent sell-offs.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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