Bank of America: Nvidia's Recent Stock Slide Could Offer 'Enhanced Buy Opportunity'
Nvidia's stock price gained Thursday as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy.
Nvidia's stock price gained Thursday as Bank of America analysts said near-term headwinds could offer an "attractive opportunity" for investors to buy.
Zimmer Biomet shares tumbled after the orthopedic product manufacturer said its implementation of a new ERP system could weigh on 2024 results.
Futures tied to the S&P 500 pared some losses after a less-than-expected rise in weekly jobless claims calmed some worries over a cooling labor market. Data showed the number of Americans filing new applications for unemployment benefits came in at 227,000 for the week ended Aug. 31, compared with estimates of 230,000 as per economists polled by Reuters. On the flip side, ADP National Employment data showed private employers hired the fewest number of workers in 3-1/2-years in August and data for the prior month was revised lower.