Tradeweb Soars While Newmont Slumps; Alphabet and Nvidia Lead in AI
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Tradeweb Markets (TW) is the Zacks Bull of the Day, benefiting from strength in the financial sector and impressive earnings history. The stock has outperformed the market over the past year.
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Newmont Corporation (NEM) is the Zacks Bear of the Day, struggling with higher costs and downward revisions to earnings estimates. The stock is in a sustained downtrend.
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Alphabet (GOOGL) has transformed beyond just a search engine, with products like Gmail and Google Cloud now incorporating AI capabilities. Earnings growth estimates are strong.
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Nvidia (NVDA) has capitalized on booming demand for AI services. The company is committed to cutting-edge technology and blowing past earnings expectations.
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IBM has created powerful AI systems like Watson that are being used more by customers. Earnings and revenue growth estimates have been rising recently.