Bank of America Reports; Dollar Tree Earnings; Papa John's Apollo Bid
On this episode of Stock Movers:
- Bank of America (BAC) is after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion
- Nvidia (NVDA) shares are up on news that Nscale has agreed to build a site for Microsoft in Texas, with a capacity of as much as 240 megawatts of power. The site will deploy around 104,000 new Nvidia chips, the GB300, and is set to open in the third quarter of 2026.
- Dollar Tree (DLTR) shares are down as sales slowed after the US discount retailer raised prices to offset President Donald Trump’s import tariffs.
- Papa John's (PZZA) is higher as Reuters reports Apollo Global Management submitted a bid within the last week to take the pizza chain operator private at $64 per share.
See omnystudio.com/listener for privacy information.
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