Qualcomm's (NASDAQ: QCOM) recent financials offer further proof that the smartphone and other consumer electronics markets are finally making a comeback after getting through a tough 2022 marred by excess inventory. That comeback comes just as the industrial chip market (which in
Investing in artificial intelligence (AI) can be overwhelming, as many companies benefit from this trend. Whether it's a company deploying AI to improve its business or one that makes AI software, there are a lot of opportunities.
There's no getting around the impact that artificial intelligence (AI) has had on the market trajectory over the past year or so. Some would even argue that the latest advances in AI helped spark the rally in 2023, lifting Wall Street from its bear market doldrums.
As the S&P 500 has soared to fresh highs, fewer stocks have been participating in the rally, stirring worries that recent gains could reverse if the market’s leaders stumble.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stocks on Friday settled mixed, with the S&P...
The overall picture that has emerged from the Q4 earnings season is one of stability and resilience as a whole, with key pockets starting to enjoy notable acceleration regarding growth momentum.
Amtech Systems (ASYS) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring item
S&P 500 closed above 5,000 for the first time on Friday and Nasdaq briefly traded above 16,000, with boosts from megacaps and chip stocks, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data.
S&P 500 closed above 5,000 for the first time on Friday and Nasdaq briefly traded above 16,000, with boosts from megacaps and chip stocks, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data.
S&P 500 vaulted past the 5,000 milestone for a second day and Nasdaq surpassed 16,000, with boosts from megacap stocks and chip companies, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data.
Tech stocks were gaining late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) jumping 1.3% and the SPDR S&P Semiconductor ETF (XSD) surging 2.3%.
S&P 500 traded above the 5,000 mark for a second day on Friday with boosts from megacap stocks, including Nvidia while investors were encouraged by strong earnings data and modest revisions to 2023 inflation figures.
S&P 500 traded above the 5,000 mark for a second day on Friday with boosts from megacap stocks, including Nvidia while investors were encouraged by strong earnings data and modest revisions to 2023 inflation figures.
Global equities rose with the S&P 500 crossing the 5,000-point milestone on Friday, as U.S. inflation data raised expectations the Federal Reserve will cut interest rates this year, while closely watched U.S. Treasury yields rose.
There’s been a lot of chatter recently about the Magnificent 7 stocks and how they’ve been solely responsible for this incredible market rally. After all, these seven companies – which include Apple AAPL, Amazon AMZN, Meta Platfor
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors, nine sources familiar with its plans told Reuters.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. Stock indexes this morning are mixed, with the S&P...