Many retiree investors might avoid tech stocks because they assume they're too volatile, too expensive, and don't pay stable dividends. They might also struggle to understand how the companies actually make money.However, the tech sector is also full of mature blue-chip companies
Tech stocks were in resurgent mode on Tuesday after a run of sell-offs that saw the Nasdaq Composite index fall by more than 10% from its peak and drop into negative territory for the year. The Nasdaq's 3.7% gain on Tuesday was its best single-day showing since November, as inves
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $311.1 million dollar outflow -- that's a 0.8% dec
Over the past 12 months, the Philadelphia Semiconductor Index rallied about 90% as global demand for chips surged through the pandemic. Stay-at-home trends boosted sales of new PCs, data centers installed more chips to keep pace with the surging usage of cloud and AI services, an
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Semiconductor Bull 3X Shares, which added 18,600,000 units, or a 20.2% increase week over week. Among the largest underlying components of
What happenedShares of NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) rose sharply on Tuesday, as semiconductor stocks climbed alongside a broad-based rally in the Nasdaq Composite (NASDAQINDEX: ^IXIC).
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Advanced Micro Devices Inc (Symbol: AMD), where a total of 240,543 contracts have traded so far, representing approximately 24.1 million underlying shares. That amounts
Are you worried that the market is on the verge of a sell-off even though the economy is recovering? You're not alone. The International Monetary Fund is modeling worldwide economic growth of 5.5% this year, but that doesn't change the fact that the S&P 500 is valued at a hef
This week has been a brutal one for the stock market broadly, and it's been especially painful for investors in the Nasdaq Composite (NASDAQINDEX: ^IXIC). Many Nasdaq stocks have found themselves at the epicenter of a vicious market rotation away from cutting-edge innovative tech
NVIDIA (NASDAQ: NVDA) investors have been laughing all the way to the bank over the past couple of years, with share prices of the graphics card specialist rising over 240% on the back of tremendous growth in its video gaming and data center businesses.This year is unlikely to be
In trading on Thursday, shares of Advanced Micro Devices Inc (Symbol: AMD) crossed below their 200 day moving average of $78.09, changing hands as low as $76.78 per share. Advanced Micro Devices Inc shares are currently trading off about 3.9% on the day. The chart below shows
Cryptocurrency prices are soaring, and NVIDIA's (NASDAQ: NVDA) gaming segment is booming. We've seen this story before, and it didn't end well for crypto traders or NVIDIA investors.The last time this scenario occurred was in 2018, when surging digital currencies boosted the dema
Despite already rising more than 2x from its low in March 2020, at the current price of $84 per share, we believe Advanced Micro Devices stock (NASDAQ: AMD) has further upside potential. AMD stock has increased from $39 to $84 off the recent bottom, much more than the S&P w
Advanced Micro Devices (NASDAQ: AMD) stock has stumbled out of the gate in 2021. Shares of the chip giant are down about 6% year to date, underperforming the broad market by a wide margin.
NVIDIA (NASDAQ: NVDA) recently announced it would make its new RTX 3060 gaming GPU "less desirable" to cryptocurrency miners by cutting its hash rate -- which gauges its mining efficiency -- in half. NVIDIA will implement the change via the GPU's software drivers, which will dete