Nvidia Analysts Look Past Tepid Outlook, Lift Price Targets

Analysts are staying bullish on Nvidia Corp., boosting price targets even as the world’s most valuable company offered a forecast that underwhelmed investors. Citing the chip giant’s longer-term prospects, at least 10 firms hiked their 12-month price targets after its...

US Treasuries Soar as Powell Says Risks May Warrant Rate Cut

Treasuries jumped and traders added to bets on a September interest-rate cut after Federal Reserve Chair Jerome Powell indicated a reduction may be warranted to support the labor market. Yields tumbled as much as 11 basis points across tenors with the two-year notes’...

Stocks Fall a Fifth Straight Day on Walmart Miss, Jobless Claims

US stocks closed out their fifth straight day of losses, the longest slide since the turn of the year, after retail bellwether Walmart Inc. posted a rare profit miss, jobless claims ticked higher and a Federal Reserve official downplayed the need for a near-term...