The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for producer price data and further clues on the inflation trend ahead of next week's Federal Reserve meeting.
The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for producer price data and further clues on the inflation trend ahead of next week's Federal Reserve meeting.
The "Magnificent Seven" have lost some momentum in 2024, just as small-caps are starting to come on strong. Here's a closer look at five Russell 2000 stocks that are crushing the performance of their mega-cap peers so far this year.
Dell Technologies (NYSE: DELL) stock is red hot -- not because PC demand is growing, but because investors have decided that Dell is now an artificial intelligence (AI) stock, a realization that tripled the share price of the computer company over the last 52 weeks.
Nvidia-backed Together AI said on Wednesday it has raised $106 million in a new funding round, doubling its valuation since last fall as investors rushed to back startups capitalizing on the generative AI boom.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.73%. Stocks today are seeing downward pressure from the +2.4 bp rise in the 10-year...
Apple, which was the market's worst-performing FAANG stock last year, is still holding onto that dubious title in 2024. Will AAPL stock recover and go back up as the company pivots to AI?
The tech-laden Nasdaq fell on Wednesday as rising U.S. Treasury yields hit market-moving growth stocks, while investors awaited more data this week for clues on the timing of the Federal Reserve's interest-rate cuts.
Oracle ORCL was a star performer in yesterday’s trading session, as the stock jumped more than 13% to a record high, following the robust third-quarter fiscal 2024 results. The rise represents the biggest one-day gain in more than
Akamai Technologies, Inc. AKAM teamed up with Neural Magic to develop high powered deep learning AI software tailored for Akamai’s distributed computing infrastructure. Neural Magic is a software developer that expedites and simpl
The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks today are seeing downward pressure from the +2.5 bp rise in the 10-year...
With AI chip stock valuations getting a little overheated, which semiconductor stock is worth scooping up at current levels? Here's a head-to-head comparison of two outperforming semi specialists with robust growth forecasts.
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Investors in NVIDIA Corporation NVDA need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $10.00 Call had some of the highest implied volatility of all equity optio
Tesla shares dropped about 2% on Wednesday after Wells Fargo raised concerns over the waning impact of price cuts by the world's most valuable automaker on the demand for its electric vehicles and downgraded them to "underweight".
Wall Street had a lackluster start on Wednesday, with the tech-laden Nasdaq bearing the brunt as U.S. Treasury yields rose, while investors awaited more data for clues on the timing of the Federal Reserve's interest-rate cuts.
Wall Street has had a great year so far. Stocks have rallied on renewed optimism that the economy is likely to have a softer landing after the Federal Reserve hinted at multiple rate cuts in 2024.
Wall Street closed sharply higher on Tuesday, led by technology stocks. Inflation numbers came in warm but in line with expectations, thereby calming down investor sentiments. The possibility of a collaboration between two tech be
For Immediate ReleaseChicago, IL – March 13, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fina