We started the trading day with a fork in the road between market indices that either have high-growth tech names like NVIDIA NVDA (the Nasdaq) and those that do not (the Dow). Those narratives played through to the close, thought
Asian stocks could be poised to end a volatile and dramatic week on a strong note on Friday, especially tech, lifted by the Nasdaq's best day in three weeks on Thursday and hope that U.S. lawmakers are close to a deal on the debt ceiling.
Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday, as forecast-smashing revenue from chipmaker Nvidia fueled a rally in AI-related companies.
What happened
Shares of Advanced Micro Devices (NASDAQ: AMD) were rising this week as the chipmaker picked up some tailwinds from NVIDIA's (NASDAQ: NVDA) blowout guidance in its earnings report on Wednesday. That signals a surge in demand for AI-related chips, and bodes well for
In afternoon trading on Thursday, Technology & Communications stocks are the best performing sector, up 2.2%. Within that group, NVIDIA Corp (Symbol: NVDA) and Monolithic Power Systems Inc (Symbol: MPWR) are two large stocks leading the way, showing a gain of 25.8% and 17.
The NASDAQ 100 After Hours Indicator is up 6.54 to 13,945.07. The total After hours volume is currently 102,106,506 shares traded.The following are the most active stocks for the after hours session: Upwork Inc. (UPWK) is unchanged at $7.60, with 11,245,676 shares traded. As rep
Nvidia (NASDAQ: NVDA) has been a massive winner thanks to the AI trend, but why are companies like Advanced Micro Devices (NASDAQ: AMD) not getting the same stock returns? Want to learn more about why Nvidia is leading the way? Check out the short video to learn more, consider su
Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
Snowflake (NYSE: SNOW) dropped over 15% after its recent earnings report, and the stock is down over 60% from its all-time highs and over 38% since its first day of trading after its IPO in September of 2020. Is Snowflake stock a buy now, or is more pain ahead? The below video sh
Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
Tech stocks were surging in late Thursday trading, with the Technology Select Sector SPDR Fund (XLK) rising 4.1% and the Philadelphia Semiconductor index jumping 7.1%.
Semiconductor leader and AI juggernaut Nvidia (NVDA) reported blockbuster earnings last night that sent shares soaring higher by more than 25% today. Thursday, NVDA held gains that were enough to print fresh all-time highs.
Advanced Micro Devices AMD launched the new line-up of processors and graphics card with AMD Ryzen and Athlon 7020 C-Series processors and AMD Radeon RX 7600 graphics card.Built on 6nm technology, the AMD Ryzen and Athlon 7020 C-S
Wall Street surged on Thursday after a blowout forecast from Nvidia sent the chipmaker's stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
Technology stocks have staged an impressive rebound in 2023 following a forgettable 2022, with buyers stepping up at every turn. In fact, the Zacks Computer and Technology sector is up 25% year-to-date, crushing the S&P 500’s
Tech stocks surged on Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 3.8% and the Philadelphia Semiconductor index jumping 6.5%.
What happened
The roller coaster continued on Wall Street this week as the broader market remained focused on the ongoing drama in Washington, DC, and continued to pin its hopes on an agreement to raise the debt ceiling amid partisan gridlock.
The tech-heavy Nasdaq rose more than 1% on Thursday as Nvidia shares soared on a blowout forecast that also lifted other AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
The WisdomTree Artificial Intelligence and Innovation Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 949,000 shares traded versus three month average volume of about 35,000. Shares of WTAI were up about 1.1% on the day.