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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Builders and building materials

Nvidia and Costain provide results on a quiet Wednesday

Costain heads into results having tidied up finances

Midweek the diary looks eerily quiet, meaning there may be more focus on Costain Group PLC (LSE:COST), where shares have been bouncing back this year, with has recent weeks seeing management tidying up financial issues ahead of results.

Shares in the infrastructure construction group have been among the best performers out of the civil engineering contractors in 2023, though over five years its near-90% plunge is bottom of the table.

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NVIDIA analysts say size doesn’t matter when it comes to a beat

Wedbush Securities analysts expect NVIDIA Corporation (NASDAQ:NVDA) to exceed current Street as well as their own targets and provide a “robust forward outlook” when the company reports.

On the back of becoming the main supplier of microchip technology to the AI sector, Nvidia’s valuation has absolutely taken off in 2023, making the gaming industry veteran the latest multinational to join the one-trillion-dollar club.

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Significant Announcements:

US earnings: Analog Devices Inc, Foot Locker Inc, Peloton Interactive Inc (NASDAQ:PTON) (Peloton Interactive Inc (NASDAQ:PTON)), Snowflake Inc, Splunk

AGMs: Brandshield Systems PLC, Latham (James) PLC

Economic announcements: Flast Manufacturing PMI (UK), Flash Services PMI (UK), MBA Mortgage Applications (US), New Homes Sales (US), Crude Oil Inventories (US), S&P Global Manufacturing PMI Flash (US), S&P Global Services PMI Flash (US)

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK