From Investor’s Business Daily: 2024-05-03 21:00:00

Dow Jones futures, S&P 500 futures, and Nasdaq futures will open Sunday evening ahead of Berkshire Hathaway’s earnings report and shareholder meeting. The stock market rally had a strong week, with the Nasdaq surpassing a key level and stocks like Nvidia flashing buy signals. Earnings are on tap for AI-related plays like Palantir Technologies, Astera Labs, and Datadog. Nvidia stock is on multiple IBD lists. Additionally, Warren Buffett’s Berkshire Hathaway is expected to report a 21% increase in operating earnings per share. Investors are eager to learn about stock buybacks and cash hoards during Saturday’s annual shareholder meeting. Time the market with IBD’s ETF market strategy. Palantir, Datadog, Arista Networks, Astera Labs, and Constellation Energy all have upcoming earnings reports. The stock market rally made solid gains last week, with opportunities for new buys on Friday in various sectors. Monitor key technical levels as the market rally continues to develop.



Read more at Investor’s Business Daily: Dow Jones Futures: Stock Market Makes Bullish Move, Nvidia In Buy Area. Palantir, These AI Plays On Tap.