The U.S. stock market has been exceptionally strong, with the benchmark S&P 500 index hitting multiple record highs in early 2024. Continued optimism for artificial intelligence (AI) technologies has continued to drive up technology stocks -- a trend that is playing a key rol
The term "Magnificent Seven" was coined last year by Bank of America analyst Michael Hartnett to describe the seven most influential tech stocks: Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, Amazon, and Tesla. These businesses have leading positions in crucial markets incl
Intel has survived an effort to halt hundreds of millions of dollars' worth of chip sales to Huawei, two people familiar with the matter said, giving one of the world's largest chipmakers more time to sell to the heavily sanctioned Chinese telecoms company.
S&P 500 and Nasdaq futures inched up on Tuesday ahead of U.S. consumer prices data that could provide insight on whether inflation has eased enough for the Federal Reserve to lower borrowing costs in coming months.
A boom in artificial intelligence (AI) kicked off last year and has shown no signs of slowing. The launch of OpenAI's ChatGPT near the end of 2022 reignited interest in the technology and forced many to rethink what was currently possible with AI.
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed -0.37%. Stocks Monday traded mildly lower on a +2.3 bp rise in the 10-year T-note...
The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for this week's consumer and producer price data, which they hope will provide a better idea of whether the Federal Reserve can begin cutting interest rates in the coming months.
U.S. stocks ended mostly lower on Monday with investors preparing for this week's consumer and producer price data, which they hope could give them a better idea on whether the Federal Reserve can begin cutting interest rates in the coming months.
One of the byproducts of the accelerating adoption of artificial intelligence (AI) has been the investor practice -- for better or for worse -- of viewing AI stocks collectively. In many instances, developments concerning one company in the space can have a ripple effect, bringin
U.S. stocks mostly edged lower on Monday with investors preparing for this week's consumer and producer price data, which they hope could give them a better idea on whether the Federal Reserve can begin cutting interest rates in the coming months.
The worst performing sector as of midday Monday is the Industrial sector, showing a 0.5% loss. Within that group, Lam Research Corp (Symbol: LRCX) and Boeing Co. (Symbol: BA) are two of the day's laggards, showing a loss of 3.4% and 3.2%, respectively. Among industrial ETFs, on
The S&P 500 Index ($SPX ) (SPY ) is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.12%. Stocks are trading lower this morning on caution ahead of Tuesday’s CPI report. A stronger-than-expected...
Wall Street's main stock indexes slipped on Monday, as investors awaited key inflation data this week that could offer clues about the U.S. Federal Reserve's monetary policy path following last week's mixed jobs report.
The S&P 500 Index ($SPX ) (SPY ) is down -0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.34%. Stocks are trading lower this morning on caution ahead of Tuesday’s CPI report. A stronger-than-expected...
For Immediate ReleaseChicago, IL – March 11, 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
The semiconductor sector is integral to the modern digital economy, driving advancements in computing, telecommunications, healthcare, and automotive industries, among others. Semiconductors, or chips, are the brains behind electronic devices, powering everything from smartphones
Shares of Algonquin Power & Utilities Corp. AQN jumped 4.9% after reporting fourth-quarter 2023 earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.40.Costco Wholesale Corporation’s COST shares slid 7.6% af
Wall Street was set to open lower on Monday, as investors awaited key inflation data this week that could provide more cues on the U.S. Federal Reserve's monetary policy path after a mixed jobs report last week.
The most consequential company of the past two years has no doubt been Nvidia (NASDAQ: NVDA). With a multi-year lead developing artificial intelligence GPUs, there's little doubt Nvidia leads the AI revolution today, and will likely do so for the next five years.