Stocks to Watch Tuesday: Goldman Sachs, Bank of America, Trump Media, Nvidia -- WSJ

Dow Jones2024-10-15

By Caitlin McCabe

Occidental Petroleum $(OXY)$, Diamondback Energy $(FANG.UK)$: Energy companies' shares fell in premarket trading after Israel assured the U.S. that any retaliatory attack on Iran wouldn't target nuclear or oil facilities. In London, BP $(BP)$ shares around 4%.

Alibaba $(BABA)$, PDD $(PDD)$, NIO $(NIO)$: U.S.-listed shares of Chinese companies slid in premarket trading, as enthusiasm over China's announced stimulus blitz pared back. Shares of all three companies fell nearly 4% or more.

Trump Media & Technology $(DJT)$: Shares of the Truth Social parent advanced more than 10% premarket, on pace to build on Monday's 18% gain. Shares have gained recently after a stretch of losses, as former President Donald Trump is seen by betting markets as having a small edge in the election.

Nvidia $(NVDA)$: Shares of the high-flying chip maker fell more than 1% premarket, after settling Monday at a new closing high. Shares of other chip makers also declined.

Bank of America $(BAC.SI)$, Goldman Sachs $(GS)$, Citigroup (C): All three banks will report earnings before U.S. markets open. Shares of each ticked up slightly premarket.

UnitedHealth Group $(UNH)$, Johnson & Johnson $(JNJ)$ and Walgreens Boots Alliance $(WBA)$ are among the other companies due to report earnings Tuesday.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 15, 2024 05:05 ET (09:05 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment