In the fourth quarter, David Tepper’s Appaloosa Management unveiled a stake in Alibaba (BABA) to go along with positions in several other Chinese internet stocks. In news of note to investors considering or holding the KraneShares CSI China Internet ETF (KWEB), the hedge fund went on a first-quarter buying spree in Chinese internet stocks. That [...]
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The Technology Select Sector SPDR ETF (XLK) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.
Nvidia's (NASDAQ: NVDA) best known for its graphics processing units (GPUs), the chips that are powering the crucial artificial intelligence (AI) tasks of training and inferencing. Thanks to the GPU's top speed, large language models (LLMs) process all of the data they need to go
For Immediate ReleaseChicago, IL – May 20, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Walmart’s WMT, Target TGT, Amazon AMZN and Nvidia NVDA.
There was some wild volatility last week as PPI came in hotter than expected and CPI came in just under expectations on the monthly basis. This small decrease in the inflation rate was enough for Fed heads to start talking about rate cuts again the next day.
Over the past year, many tech stocks rallied on the prospects of interest rate cuts. But with the Nasdaq now hovering near its all-time highs, it might seem like the right time to take profits in some of those stocks before the bears come back.
After gaining 239% in 2023 to become the best-performing component of the S&P 500, Nvidia (NASDAQ: NVDA) has sustained its momentum so far this year. The stock has nearly doubled -- gaining over $1.1 trillion in market cap year to date -- and 2024 isn't even halfway over.
Nvidia (NASDAQ: NVDA) never is short on big news. Most recently, the company wowed investors with details of its new Blackwell architecture and said the launch will happen later this year. And prior to this, Nvidia said it aimed to start shipping its H200 graphics processing unit
Nvidia (NASDAQ: NVDA) has been the undisputed beneficiary of recent advances in artificial intelligence (AI). Since early last year, the adoption of AI has spread like wildfire, fueled by Nvidia's graphics processing units (GPUs). The company will face a key hurdle when it report
Just five years ago, Nvidia's (NASDAQ: NVDA) share price was less than $50. But since then, the leading maker of graphics processing units (GPUs) has found new markets for its chip technology, namely around artificial intelligence (AI), fueling incredible growth for the business.
Several technology companies have recently undergone stock splits. Some of the more notable stock splits in the tech realm in recent memory include "Magnificent Seven" members Tesla, Nvidia, Amazon, Alphabet, and Apple.
Investors could do worse than investing in the so-called "Magnificent Seven" stocks. The collective gained 111%, on average, in 2023, thrashing the 24% gains of the S&P 500. The group has continued its winning ways, rising 22% on average so far this year, nearly double the 11
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in recent months, and that's not surprising, as the company has played a critical role in the artificial intelligence (AI) revolution.
Interest in artificial intelligence (AI) has skyrocketed since the start of 2023, with the launch of OpenAI's ChatGPT kicking off a boom in the industry. As a result, many tech stocks have enjoyed significant gains over the last 12 months as investors have grown bullish over the
Investing in solid companies and holding them for a long time is a robust strategy that could help investors significantly boost their wealth in the long run and construct a million-dollar portfolio. This strategy allows investors to capitalize on disruptive and secular growth tr
Everyone is talking about artificial intelligence (AI) these days, and for good reason. This hot technology that's driven some stocks to triple-digit gains has the potential to transform everything from our daily lives to how a company operates. AI's powers range from the simple,
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