Nvidia, Tesla, Dollar Tree, Chewy, GameStop, Nintendo: Stocks to watch

3 months ago 33

Unlock banal picks and a broker-level newsfeed that powers Wall Street.

Josh Fellman

Wed, Mar 26, 2025, 7:16 AM 2 min read

U.S. stocks were mixed connected Wednesday aft information showed halfway durable goods orders contracted successful February. The tech dense Nasdaq Composite scale fell astir 0.9% arsenic of 10 a.m. EDT, the S&P 500 dropped 0.3%, and the Dow Jones Industrial Average added astir 129 points. Tesla (TSLA) and Nvidia (NVDA) fell by 3.3% and 3.6%, respectively.

Economic indicators are successful absorption this week, amid concerns that the U.S. system is softening. On Tuesday, the Consumer Confidence Index’s anticipation gauge deed a 12-year-low speechmaking of 65.2 — beneath 80 is considered a recession signal.

On Wednesday, caller numbers showed halfway durable goods orders, which exclude craft and defence equipment, fell 0.3% successful February from January, erstwhile they’d accrued 0.2%. Companies whitethorn beryllium delaying immoderate concern owed to uncertainties implicit economical maturation and trade.

Federal Reserve speakers contiguous see Minneapolis President Neel Kashkari and St. Louis main Alberto Musalem.

Stocks to ticker today:

Chewy’s (CHWY) banal fell 0.5%. The online favored supplies retailer’s net per stock and income topped estimates. CEO Sumit Singh cited “strong progressive lawsuit growth” for the results and said momentum remains good, according to the company’s net statement.

Dollar Tree’s (DLTR) banal gained 4.2% aft the discount retailer said it volition merchantability its Family Dollar concern portion to Brigade Capital and Macellum Capital for astir $1 billion. Fourth-quarter same-store income gained 2% twelvemonth connected twelvemonth and the concatenation opened 33 caller Dollar Tree stores. EPS fell 24% twelvemonth connected year.

GameStop (GME) surged 12% aft it amended its concern argumentation to see Bitcoin. The company’s fiscal fourth-quarter income plunged 24% from a twelvemonth earlier but its nett topped expectations.

Nintendo’s (NTDOY) ADRs gained 4.4%, pursuing the Japanese banal higher, aft Bloomberg reported that Goldman Sachs had reinstated sum of the video-game institution and said it expects the merchandise of the Switch 2 console connected April 2 volition pull a grounds fig of progressive users.

For the latest news, Facebook, Twitter and Instagram.