- StockMKTNewz Daily Recap
- Posts
- StockMKTNewz Daily Recap 11/20
StockMKTNewz Daily Recap 11/20
NVIDIA JUST REPORTED EARNINGS!
Daily Stock Market Recap: 11/20
Hey everyone! It’s @StockMKTNewz - Evan!
Let's dive into the key headlines of the day and what you should keep an eye on as we move through the week.
Nvidia Earnings
Nvidia just reported earnings posting numbers of
-EPS of $0.78 beating expectations of $0.75
-Revenue of $35.1B beating expectations of $33.1B
THE LAUNCH OF NVIDIA'S AI BUSINESS
Nvidia $NVDA just reported data center revenue of $30.8 Billion up from $968M in January 2020 x.com/i/web/status/1…
— Evan (@StockMKTNewz)
9:27 PM • Nov 20, 2024
1 Pager
FORWARD GUIDANCE
Nvidia said next quarter it expects revenue to come in at $37.5B ± 2% above expectations of $37B
Nvidia $NVDA CEO Jensen Huang just said the company will ship more Blackwell AI data center GPUs than it had previously expected during Q4
— Evan (@StockMKTNewz)
10:28 PM • Nov 20, 2024
Nvidia $NVDA just said it expects its AI enterprise revenue to 2x this year compared to last year
— Evan (@StockMKTNewz)
10:11 PM • Nov 20, 2024
Here’s how the stock market performed today
Heat Map of the S&P 500 from today
Indexes
Best and Worst Performing S&P 500 Stocks from Today
Get Ready For Tomorrow
EARNINGS: This is the earnings calendar I rely on daily during earnings season. Make your earnings season much easier by checking out Earnings Hub
Thursday 11/21 SeekingAlpha catalyst Watch:
Macro: Schedule for tomorrow 11/21 (All times are in ET)
8:30 am Initial jobless claims
8:45 am Fed Hammack speaks
10:00 am Existing home sales
1:10 pm Fed Schmid speaks
4:40 pm Fed Barr speaks
The Daily Recap
SNOWFLAKE $SNOW JUST REPORTED EARNINGS
EPS of $0.20 beating expectations of $0.15
Revenue of $942M beating expectations of $898.5M— Evan (@StockMKTNewz)
9:07 PM • Nov 20, 2024
Elon Musk reportedly joined in on a call between 🇺🇸 President Elect Donald Trump and Google CEO Sundar Pichai - The Information
— Evan (@StockMKTNewz)
2:03 PM • Nov 20, 2024
XAI IS NOW VALUED AT $50,000,000,000.00
Elon Musk’s AI startup "xAI" told investors it raised $5B in a funding round that valued the company at $50 Billion, more than 2x what it was valued at several months ago - WSJ x.com/i/web/status/1…
— Evan (@StockMKTNewz)
8:17 PM • Nov 20, 2024
Archegos Capital founder Bill Hwang was just sentenced to 18 years in prison for fraud and market manipulation
— Evan (@StockMKTNewz)
8:09 PM • Nov 20, 2024
The 18th richest person in the world Gautam Adani was just charged in New York with massive fraud - CNBC
— Evan (@StockMKTNewz)
8:54 PM • Nov 20, 2024
🇺🇸 President Elect Donald Trump is reportedly considering creating the first ever White House Crypto role - Bloomberg
— Evan (@StockMKTNewz)
6:38 PM • Nov 20, 2024
Chipotle $CMG just said it's opening its 1,000th location with a drive-through today
— Evan (@StockMKTNewz)
1:57 PM • Nov 20, 2024
TARGET $TGT JUST REPORTED EARNINGS
EPS of $1.83 missing expectations of $2.30
Revenue of $25.2B missing expectations of $25.7BTarget lowered its FY ADJ EPS guidance to between $8.30-$8.90 down from between $9.00-$9.70
— Evan (@StockMKTNewz)
12:02 PM • Nov 20, 2024
MicroStrategy $MSTR is now worth more than $100B and is larger than companies like Intel and UBS
— Evan (@StockMKTNewz)
2:38 PM • Nov 20, 2024
🇺🇸 FED PRESIDENT BOWMAN JUST SAID:
- PROGRESS IN LOWERING INFLATION APPEARS TO HAVE STALLED
- HER ESTIMATE OF NEUTRAL POLICY RATE IS MUCH HIGHER THAN BEFORE COVID PANDEMIC
— Evan (@StockMKTNewz)
5:31 PM • Nov 20, 2024
Links to check out
Track my competition portfolio on I’m doing a stock picking competition for Q4, you can track the entire thing in real time for FREE with Blossom |   |
Catch big stories, key insights, and live updates as they happen. I'm bringing more live sessions and deep dives on what’s moving the markets—don’t miss out! |  |
Earnings Hub is the best place out there for Earnings season. It is by far my favorite feature is the AI Summaries of the earnings calls … you need to check it out!! |  |