The S&P 500 posted a record high close on Friday for the first time in two years, fueled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.
The S&P 500 posted a record high close on Friday for the first time in two years, fueled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +1.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.95%. On Friday, stocks posted moderate gains, with the...
The S&P 500 hit an intra-day record high on Friday for the first time in two years, powered by gains in chipmakers and heavyweight technology stocks on optimism around artificial intelligence (AI).
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.66%. Stocks this morning are moderately higher, with the Nasdaq...
The Invesco RAFI Strategic US ETF is seeing unusually high volume in afternoon trading Friday, with over 333,000 shares traded versus three month average volume of about 55,000. Shares of IUS were up about 0.4% on the day.
In trading on Friday, the Semiconductor ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Qualcomm, up about 3.5% and shares of Advanced Micro Devices, up about 3.5% on the day.
Wall Street's main indexes climbed on Friday, driven by strength in chip and megacap stocks, while investors remained vigilant about ongoing corporate earnings and any hints on the timing of rate cuts.
Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates due to strong demand for artificial intelligence servers.
In today's video, I discuss recent news affecting Advanced Micro Devices (NASDAQ: AMD) and a few other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Wall Street's main indexes were set to open higher on Friday as chip and megacap stocks continued their rise, while investors kept a close watch on ongoing corporate earnings and any hints about the timing of rate cuts.
The broader semiconductor industry is continuing its dream run in early 2024 after an astonishing 2023. On Jan 18, the Philadelphia Semiconductor Index (SOX) closed at 4,206.52, soaring 50% over the past year and up 2.6% year to d
Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam
U.S. stock index futures climbed on Friday, as chip and megacap stocks continued their ascent, while the ongoing corporate earnings season and hints on the timing of interest-rate cuts dominated investors' watch list.
Advanced Micro Devices (NASDAQ: AMD) stock is making big gains this week. The company's share price was up 11% from the previous week's market close heading into this Friday's trading, according to data from S&P Global Market Intelligence.
Artificial intelligence (AI) stocks were on fire on the market in 2023, especially chipmakers Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), which saw their shares jump significantly on the back of the booming demand for AI chips. These two chip stocks could have
Investors seeking momentum may have VanEck Semiconductor ETF SMH on radar now. The fund recently hit a new 52-week high. Shares of SMH are up approximately 64.3% from their 52-week low of $109.86/share.
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