Super Micro Computer (NASDAQ: SMCI) has been a fantastic stock to own in 2024, as it's up nearly 200% this year. However, that figure was more than 300% at one time; the stock is nowhere near its 2024 highs.
Unless you've invested from under a rock, you may know that artificial intelligence (AI) is the craze on Wall Street today. That's for good reason; according to research by Statista, the AI market will hit $184 billion this year and grow to more than $800 billion by 2030.
In ot
The advent of artificial intelligence (AI) has caused a paradigm shift in the direction of technology since early last year, and arguably, no company has benefited more than Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) are the gold standard when it comes
The S&P 500 Index ($SPX ) (SPY ) Friday rose +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.26%. US stocks on Friday gained support from chip stocks and generally positive Q1 earnings results. Q1 earnings...
Mettler-Toledo International, Inc. MTD reported first-quarter 2024 adjusted earnings of $8.89 per share, which beat the Zacks Consensus Estimate by 16.8%. The bottom line increased 2% on a year-over-year basis.Net sales of $925.95
The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. US stock indexes today are slightly higher on strength in chip stocks and carry-over...
Cogent Communications Holdings, Inc. CCOI reported soft first-quarter 2024 results, with both the bottom and top lines falling short of the respective Zacks Consensus Estimate. However, the Washington, DC-based leading Internet se
Akamai Technologies, Inc. AKAM reported modest first-quarter 2024 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. The company recorded a top-line expansion year over year, d
Dropbox DBX reported first-quarter 2024 non-GAAP earnings of 58 cents per share, beating the Zacks Consensus Estimate by 18.37% and increasing 38.1% year over year.Revenues of $631.3 million increased 3.3% year over year and beat
The S&P 500 Index ($SPX ) (SPY ) today is up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.55%. US stock indexes today are mildly higher on higher chip stocks and carry-over support...
StoneCo STNE is slated to release first-quarter 2024 results on May 13.The consensus mark for earnings is pegged at 28 cents per share, down by a couple of cents in the past 30 days. The company reported earnings of 14 cents in th
Deemed as the "Magnificent Seven" of the banking sector by JPMorgan, these regional lenders impressed the brokerage firm with their latest quarterly reports.
Pre-market futures are up again this morning, though with something of a downward drift from earlier pre-market highs. Currently, the Dow is +100 points from yesterday’s close, the S&P 500 is +12 points and the continual marke
Sea Limited SE is set to release its first-quarter 2024 results on May 14.The Zacks Consensus Estimate for earnings has been unchanged at 36 cents in the past 30 days. The figure declined 40.98% year over year.The consensus mark f
Friday, May 10th, 2024Pre-market futures are up again this morning, though with something of a downward drift from earlier pre-market highs. Currently, the Dow is +100 points from yesterday’s close, the S&P 500 is +12 points a
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.