The First Trust Nasdaq Artificial Intelligence and Robotics ETF is seeing unusually high volume in afternoon trading Wednesday, with over 253,000 shares traded versus three month average volume of about 26,000. Shares of ROBT were up about 3.8% on the day.
Gaming companies are facing a slowdown in demand for video games from pandemic highs, raising doubts about their ability to weather an economic downturn.
If you're like most investors, your ultimate goal is growing your current capital into a much bigger nest egg meant to be enjoyed down the road. If you're also like most investors though, you don't have time to keep constant tabs on your portfolio.
The $52 billion CHIPS and Science Act, also known as the CHIPS Act, was signed by President Biden on Tuesday, yet chip stocks are selling off. What gives? Semiconductor stocks have been hit hard in recent days with both Nvidia (NASDAQ: NVDA) and Micron (NASDAQ: MU) announcing pre
Advanced Micro Devices (NASDAQ: AMD) went into its second-quarter earnings report facing multiple headwinds in the form of a big slowdown in sales of personal computers (PCs) and softness in graphics card prices, but its numbers turned out to be better than expected.
Are These The Best Semiconductor Stocks To Buy Today?Semiconductor stocks have been on the rise in recent years in the stock market, as the semiconductor industry has seen increasing demand from a variety of sectors. For example, electronic manufacturers have been turning to semi
The tech-heavy Nasdaq fell on Tuesday after a dismal forecast from Micron Technology dragged chip and technology stocks lower, while markets remained on the edge ahead of inflation data that will feed into the U.S. Federal Reserve's rate-hike plans.
President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.
The tech-heavy Nasdaq fell on Tuesday after a dismal forecast from Micron Technology dragged chip and technology stocks lower, while investors remained cautious ahead of inflation data that will feed into the U.S. Federal Reserve's rate-hike plans.
For Immediate ReleaseChicago, IL – August 9, 2022 – 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 financial markets. Stocks recently featured in
Wall Street was set to open lower on Tuesday after a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into the U.S. Federal Reserve's rate-hike plans.
Advanced Micro Devices (AMD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Nasdaq and S&P futures fell on Tuesday after a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into the U.S. Federal Reserve's rate hike plans.
So far, 2022 has been a rough year for microchip stocks. Semiconductor stocks tend to more than double the return of the S&P 500 market index in the long run, but the broader market is down by 13% this year and the chip sector is falling twice as fast instead.
Memory chipmaker Micron Technology said its free cash flow was expected to be negative for the fiscal first quarter and that it could see significant sequential declines in revenue and margins in the period due to a fall in shipments.
President Joe Biden on Tuesday will sign a bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.
Markets lost a bit of steam as the trading session moved along today, with strength in the pre-market after seeing the passage of a new bill on renewable energy, Medicare availability and corporate tax minimums in the Senate give way to disappoints from Tyson TSN and Pala