The data center market has turned out to be a happy hunting ground for Advanced Micro Devices (NASDAQ: AMD) ever since the company reentered it in 2017 with its EPYC server processors.
The iShares Core S&P U.S. Growth ETF is seeing unusually high volume in afternoon trading Thursday, with over 5.3 million shares traded versus three month average volume of about 490,000. Shares of IUSG were up about 0.5% on the day.
What happened
Shares of Advanced Micro Devices (NASDAQ: AMD) jumped 7.5% on Wednesday, as a broad rise in tech stocks helped drive the Nasdaq Composite index sharply higher.
The S&P 500 Index (SNPINDEX: ^GSPC) gained 46.7 points, or a solid 1%, on Aug. 12, joining the other major indices with a better-than-1% gain on the day, following the announcement yesterday evening that presidential hopeful and former Vice President Joe Biden had made his
The bull market in stocks since March's lows has been extremely resilient, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has found ways to bounce back from temporary setbacks. That was definitely the case on Wednesday, as Nasdaq indexes soared following a couple of
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.5% loss. Within the sector, American Water Works Co, Inc. (Symbol: AWK) and Entergy Corp (Symbol: ETR) are two of the day's laggards, showing a loss of 3.3% and 2.8%, respectively.
Advanced Micro Devices (NASDAQ: AMD) seems to keep gaining on Intel (NASDAQ: INTC) in crucial areas. One analyst reports that the chipmaker has doubled the presence of its Zen 2 Rome processors on Amazon.com's (NASDAQ: AMZN) massive data centers.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio S&P 500— Growth ETF (Symbol: SPYG) where we have detected an approximate $113.1 million dollar inflow -- that's a 1.3% incr