Listen "Nvidia Drops, Abercrombie & Finch Jumps, Kohl's Rises on Earnings and CEO News"
Episode Synopsis
On this episode of Stock Movers:- Nvidia (NVDA) shares fall after news that Meta Platforms is in talks to spend billions on Google’s AI chips, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology.- Abercrombie & Finch (ANF) shares jump after the company raised the low end of its full-year sales outlook as its Hollister brand continued to gain momentum.Net sales will grow 6% to 7% this year, up from the retailer’s previous outlook for at least a 5% gain. Sales at Hollister jumped 16%, helped by strong strong back-to-school demand, the company said in a statement.- Kohl's (KSS) shares rise after positive earnings and news that it promoted interim Chief Executive Officer Michael Bender to the role on a permanent basis as the US retailer tries to move past a period of management turmoil and slumping sales.See omnystudio.com/listener for privacy information.
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.