10 things to watch in the stock market Monday: Goldman Sachs, Nvidia, Constellation Brands
10 Things to Watch on Monday, April 15 #
The market aims to rebound from Friday’s selloff as oil prices ease due to hopes that the Middle East conflict won’t escalate further. Retail sales in March saw a significant jump of 0.7%, surpassing expectations, despite a slight increase in consumer inflation. Goldman Sachs reported impressive first-quarter results with revenue up 16% to $14.21 billion, beating estimates by over $1 billion. Other notable upgrades include Lockheed Martin, Cisco Systems, and Constellation Brands. Meanwhile, Guggenheim downgraded ServiceNow and Evercore ISI added IBM to its outperform list ahead of first-quarter earnings. UBS initiated coverage on SharkNinja with a buy rating, and Mizuho started coverage on GE Vernova, calling it a diversified powerhouse in the energy transition. Subscribers of the CNBC Investing Club with Jim Cramer will receive trade alerts before Jim makes a move in his portfolio.