Schaeffer's Investment Research

1 day ago | schaeffersresearch.com | Laura McCandless

Stocks are on the rise midday as Wall Street tries to build off its strong start to the week. The Nasdaq Composite (IXIC) is continuing to rally thanks to chip stocks, last seen up 107 points. Should these gains hold, this would mark a sixth-consecutive gain and longest daily win streak since August for the index. The S&P 500 Index (SPX) and Dow Jones Industrial Average (DJI) are seeing more volatility today, though both are quietly higher at last glance.

2 days ago | schaeffersresearch.com | Laura McCandless

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are up 7.2% at $120.53 at last glance, after the semiconductor company announced a $6 billion share buyback program. Plus, firm is one of multiple chipmakers, including Nvidia (NVDA), to ink a partnership with HUMAIN, a new artificial intelligence (AI) venture in Saudi Arabia. Today's pop has AMD headed for its sixth-straight win. Now trading at its highest levels since January, the equity is hanging around breakeven for 2025.

2 days ago | schaeffersresearch.com | Laura McCandless

Although earnings season is winding down, there are still a few reports next week worth monitoring. Toll Brothers Inc (NYSE:TOL) will announce its latest quarterly report after the close on Tuesday, May 20. Analysts expect the homebuilding name to post earnings of $2.86 per share on revenue of $2.5 billion, representing a decline of 15.4% and 11.8%, respectively, from the same quarter last year.

2 days ago | schaeffersresearch.com | Laura McCandless

Stocks are mixed midday, as investors continue to unpack this morning's upbeat inflation data. The Dow Jones Industrial Average (DJI) is down triple digits, while the S&P 500 Index's (SPX) modest rise pushes it into the black for 2025. The Nasdaq Composite (IXIC), meanwhile, is up 278 points with help from Nvidia (NVDA) and the rest of the tech sector. Continue reading for more on today's market, including:  UnitedHealth stock hits 5-year lows on earnings, CEO buzz.

2 days ago | schaeffersresearch.com | Laura McCandless

Car rental name Hertz Global Holdings Inc (NASDAQ:HTZ) was last seen down 19% at $5.62, after the company's wider-than-expected first-quarter losses per share and revenue miss. Falling further from its April 22, 52-week high of $9.39, HTZ is now trading at its lowest level since mid April. The shares are headed for their worst single-day percentage drop since their 19.3% fall after their first-quarter report last year. Year to date, the equity is up roughly 57%.