From SeekingAlpha: 2024-06-20 10:50:36

The S&P 500 and Nasdaq hit all-time highs, but Nvidia, Oracle, Walmart, and DICK’s Sporting Goods also marked record peaks.

Nvidia saw a rise in stock due to enthusiasm over a stock split, but potential sales growth slowdown and high valuation multiples signal a bubble.

Oracle missed revenue and EPS estimates in Q4 but showed strong growth in cloud infrastructure.

Walmart has healthy growth outlook with expected 7.3% EPS CAGR over the next 10 years.

DICK’S Sporting Goods reported Q1 earnings growth, but risks of economic slowdown and new store locations could impact future growth prospects.



Read more at SeekingAlpha: NVDA, ORCL, WMT, and DKS hit all-time highs; see what SA analysts have to say