Markets Await Retail Sales Data
From Nasdaq: 2025-05-14 11:03:00
- Pre-market futures are up following 5-straight up-days on the Nasdaq, with the Dow recovering from a UnitedHealth sell-off. The S&P 500 is +15 points, Nasdaq +75, and the Russell 2000 flat.
- Tencent beats Q1 expectations with earnings of 91 cents per ADS and revenues of $25 billion. Sony posts mixed results for fiscal Q4. Cisco expected to post gains of +3.4% and +10.67% on quarterly sales.
- No major economic reports today. Fed officials to discuss monetary policy. Cisco expected to continue modest earnings beats. CoreWeave to report Q1 earnings.
- Zacks highlights stock set to double, with 5 stocks projected to gain +100% or more. CoreWeave expected to report negative earnings of -$0.18 per share on $850.4 million in revenues. Check Zacks for latest stock recommendations.
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