The stock market is buzzing with anticipation as a tech-driven rally pushes the S&P 500 to record highs. Key corporate events, including earnings reports from Palo Alto Networks, Ulta Beauty, Dollar General, and Victoria’s Secret, are on the horizon.
Adding to the market’s focus, Goldman Sachs CEO David Solomon will appear on CNBC’s “Halftime Report,” while CEOs of both Palo Alto Networks and Cisco Systems are set to feature on “Mad Money” with Jim Cramer, providing insights into their company’s performance and future outlook.
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.
As a tech-fueled rally propelled the S&P 500 to new all-time highs, investors are keenly watching key corporate events and executive appearances for the next trading session. Goldman Sachs CEO David Solomon is set to appear live on CNBC's "Halftime Report" at 12 p.m. ET, where he will be interviewed at the Economic Club of New York. Goldman Sachs shares have seen a significant uptick, gaining 5% over the past week and 13% in the last month, reaching a new high on Monday. Despite this individual success, the broader S&P Financials sector has experienced a slight downturn, losing 1% weekly and monthly, and is currently 9% below its January peak.
Following the market close, cybersecurity giant Palo Alto Networks is slated to release its earnings report. CEO Nikesh Arora is scheduled to join Jim Cramer on "Mad Money" later Tuesday evening. Palo Alto Networks has demonstrated remarkable growth, doubling its stock value in the last three months and hitting another fresh high today.
In related tech news, Cisco Systems CEO Chuck Robbins will also be a guest on "Mad Money" with Jim Cramer. Cisco's stock has surged impressively, climbing 32% in the past month and 52% over three months, with shares also reaching a new high on Monday.
On the retail front, Ulta Beauty is scheduled to announce its earnings after the market closes on Tuesday. The cosmetics retailer has faced headwinds recently, losing 27% over the past three months and trading 30% below its February high.
Ahead of the market opening, Dollar General is set to report its quarterly results. Similar to Ulta Beauty, the stock has declined 27% in the last three months and is down 30% from its February peak.
Victoria's Secret will also unveil its earnings Tuesday morning, trading under the new VSXY ticker. While the stock has shown substantial year-over-year growth with a 156% gain, it is currently down 19% from its January high.
Subscribe to our newsletter to get our newest articles instantly!
MARKET VOWS NEWSLETTER
Stop entering after the move is obvious.
Most traders wait for momentum, confirmation, and headlines. By then, the edge is gone.
Market VOWS shows you where behavior is becoming constrained — where capital is being forced, optionality is collapsing, and price is beginning to be imposed.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
