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Stocks To Watch: Spotlight On Nvidia, AMC Entertainment, Snowflake, Twilio And DICK’S

Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations.

Stocks to Watch subscribers can also tune in on Sundays for a curated podcast that’s available on Seeking Alpha, Apple Podcasts, Stitcher and Spotify.

Investors will look to regroup next week after three straight weeks of declines for the S&P 500 Index and the Nasdaq Composite Index amid rising concerns over higher Treasury yields and inflation. The market weakness came right in front of the Federal Reserve’s Jackson Hole symposium, which will be a key focus for investors and include a speech by Jerome Powell. Seeking Alpha analyst Gary Gambino advised readers that they should not expect any big surprises to come out of the conference. “The Fed will probably restate its intent to keep interest rates high for an extended period to make sure inflation does not flare up again,” he previewed. Early in the week, global flash PMI prints, U.S. durable goods orders, and European sentiment indicators will give economists more data points to analyze. Meanwhile, on the earnings front, reports from Nvidia (NVDA) (analysis), DICK’S Sporting Goods (DKS) (analysis), and Snowflake (SNOW) (earnings breakdown) will be closely watched. On the labor front, the United Auto Workers union set a vote for next week on authorizing their leaders to call for strikes against Detroit automakers Stellantis (STLA), Ford (F), and General Motors Company (GM). Union President Shawn Fain said in a recent statement that talks are moving slowly and have yet to get to wages

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This article was written by Follow The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This...

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