Latest news with #MainStreetResearch
Hindustan Times
29-05-2025
- Business
- Hindustan Times
Stock market after hours: Why S&P, Dow and Nasdaq futures are up today?
Stock market futures rose Wednesday night after AI giant Nvidia posted a strong earnings report. S&P futures rose at least 0.8%, while Nasdaq 100 futures were up 1.2%. Dow Jones Industrial Average futures gained 206 points, or 0.5%. This also comes after a federal trade court blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. The ruling follows several lawsuits arguing that the president exceeded his authority and left the country's trade police dependent on his whims and unleashed economic chaos. In after-hours on Wednesday, Nvidia shares gained more than 4%. James Demmert, chief investment officer of Main Street Research, told CNBC that the earnings report is 'pivotal not just for Nvidia but for the entire stock market, as it can rejuvenate investor optimism across the board and help investors to focus on the power of AI and less on headlines out of Washington on tariffs and taxes'.
CNBC
28-05-2025
- Business
- CNBC
S&P 500 futures rise after Nvidia posts earnings beat: Live updates
Traders work on the floor of the New York Stock Exchange on May 28, 2025. NYSE S&P 500 futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia . Futures tied to the broad market index rose 0.3%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 15 points. Nvidia shares jumped more than 4% in after-hours trading. The chipmaker reported exceeded expectations on the top and bottom lines in the first quarter, as its data center business recorded year-over-year growth of 73%. "Wednesday's Nvidia earnings report is pivotal not just for Nvidia but for the entire stock market, as it can rejuvenate investor optimism across the board and help investors to focus on the power of AI and less on headlines out of Washington on tariffs and taxes," said James Demmert, chief investment officer of Main Street Research. Separately, Salesforce shares rose about 1% after the software company posted better-than-expected fiscal first-quarter results and lifted its full-year forecast. Stocks are coming off of a lackluster session Wednesday. The S&P 500 ended the day almost 0.6% lower, while the tech-heavy Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average fell nearly 245 points, or 0.6%. Major U.S. indexes are on track to close the week—and month—higher, however. The S&P 500 and 30-stock Dow are up 1.5% and 1.2% this week, respectively, while the Nasdaq has rallied nearly 2%. The tech sector has surged more than 10% in May, fueled by AI announcements from Big Tech player Alphabet . This month, the S&P 500 has gained 5.7%. The Dow has added 3.5%, while the Nasdaq has jumped 9.5%. The surge in stocks comes after President Donald Trump on Sunday walked back his threat to implement a 50% tariff on the European Union on June 1, delaying the date to July 9. Although investors cheered the news, critiques of Trump's tariffs have emerged given their wild effect on markets.
CNBC
28-05-2025
- Business
- CNBC
Demmert: We think this might be the quarter
James Demmert, CIO at Main Street Research, discussed Salesforce's growth, the $8B Informatica deal, and why Agentforce adoption could signal upside, calling the stock cheap and poised to beat.
Yahoo
20-05-2025
- Business
- Yahoo
Main Street Research Hosts Exclusive Cocktail Reception to Unveil Insights from "Wall Street Lessons" on the Emotional Side of Investing
New York, New York--(Newsfile Corp. - May 20, 2025) - Main Street Research hosted an exclusive cocktail reception titled "Your Mind and Your Money" at the firm's Fifth Avenue offices in Manhattan in celebration of the release of Chief Investment Officer and Founder James E. Demmert's latest book, Wall Street Lessons. The evening featured a lively discussion between Demmert and Kristen Davin, Ph.D., a noted psychologist and relationship expert, delving into how emotions like fear and greed influence financial decision-making, especially amid today's volatile markets. Using pop culture references and iconic film scenes, the conversation offered a relatable and entertaining approach to understanding the psychological underpinnings of investing. The private event brought together members of the media, university faculty, and leaders from across the finance industry for an insightful and engaging evening centered around financial literacy and emotional intelligence. About the Book: Wall Street Lessons In Wall Street Lessons, Demmert shares thirteen of the most common emotional and psychological pitfalls investors face, and how to overcome them. With over four decades of experience managing more than $2 billion in assets for high-net-worth families and foundations, he introduces his proprietary 10-principle system that drives the success of Main Street Research. Looking ahead, James Demmert and his partner, Pauline C. Argenson, will be launching a national series of events aimed at making the conversation around money more accessible, inclusive, and modern, with a special focus on empowering the next generation of investors. Media Contact: Pauline Argenson Public Relations Manager Main Street Research Phone: (123) 456-7890 Email: Website: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
16-05-2025
- Business
- CNBC
Three Stock Lunch: Novo Nordisk, Constellation Brands and Citigroup
James Demmert, Main Street Research CIO, joins 'Power Lunch' to discuss Demmert's investing take on three stocks: Novo Nordisk, Constellation Brands and Citigroup.
