Retail Results Roundup, Debt Ceiling Negotiations, and the Markets This Week 5/26/23
Morning Call
00:00
Nvidia Up 180% Since the ARKKK
Cathy Wood sold her Nvidia shares around January time. Shares of Ulta Beauty need a makeover falling down more than 8% after the company just barely beat quarterly expectations and it's stuck with its full year same store sales outlook. Marvell technology shares generating some electricity this morning shares up more than 16%. After the chip maker beat analyst expectations for the first quarter, said revenue growth should accelerate in the second half of the fiscal year. We're going to dive deeper into the retail sector and the state of the consumer in a few minutes.
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Transcript
