
Sean Conlon
Associate Markets Reporter at CNBC
associate markets reporter @CNBC • formerly: @CBSNews @ITIFdc @CNN @nypost @ColumbiaSpec
Articles
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4 days ago |
cnbc.com | Sean Conlon
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 30, 2025, in New York City. Angela Weiss | AFP | Getty ImagesStock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in May. S&P 500 futures traded down 0.2%, while Nasdaq-100 futures dropped about 0.3%. Futures tied to the Dow Jones Industrial Average also declined 70 points, or 0.2%.
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1 week ago |
cnbc.com | Sean Conlon
Although most analysts remain bullish on Nvidia following its latest strong earnings , other analysts are staying off to the sidelines when it comes to the chipmaker's stock. D.A. Davidson and HSBC reiterated their neutral and hold ratings, respectively, though they each raised their price targets on Nvidia shares. D.A. Davidson hiked its target to $135 from $120, which implies the stock won't do anything compared to Wednesday's close.
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1 week ago |
cnbc.com | Sean Conlon
Southwest Airlines could be positioned for more gains on the heels of the past year's deal with activist investor Elliott Investment Management, Deutsche Bank says. Analyst Michael Linenberg upgraded the airline stock to buy from hold and increased his price target by 43% to $40 from $28. That implies nearly 22% upside from Wednesday's close of $32.89.
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1 week ago |
cnbc.com | Sean Conlon
Salesforce's latest quarterly results weren't enough to sway some skeptics on the stock. The company's fiscal first-quarter earnings and revenue beat consensus estimates. Not only that, Salesforce raised its earnings and revenue outlook for the full year. It also reiterated its 9% growth forecast in subscription and support revenue. Still, the stock was little changed in the premarket following the release. Some analysts pointed to an uncertain outlook for the tech giant.
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1 week ago |
cnbc.com | Sean Conlon
Analysts liked what Nvidia had to say in its latest quarterly results . The artificial intelligence chip darling reported fiscal first-quarter earnings and revenue that beat analyst expectations. The company's data center business led the charge, with sales soaring 73% year over year. Nvidia's current quarter revenue guidance was also about in line with analyst estimates at $45 billion.
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