Wall Street Analysts Update Stock Ratings

Nvidia's stock received numerous price target upgrades from analysts following its high-growth quarter, despite shares falling as results didn't meet investor expectations. The broader U.S. equities market saw gains with Best Buy leading the S&P 500 after exceeding earnings and revenue estimates. Tesla shares rose as analysts from William Blair initiated coverage with a 'buy' rating, citing the value of its energy storage business. Salesforce also performed well, exceeding Q2 earnings and guidance while announcing a management change. Affirm Holdings saw a rise as its earnings and revenue surpassed expectations, projecting profitability by next fiscal year. Meanwhile, Dollar General and American Eagle Outfitters experienced significant declines due to missed forecasts and weak guidance.