The U.S. equity market is all geared up to end 2023 on a strong note. So far in 2023, the benchmark S&P 500 index has gained nearly 19%, while the technology-heavy Nasdaq Composite is up by 35.5%. According to ING Economics, the Federal Reserve's interest rate hike cycle has
U.S. stocks closed higher on FridayA, with the S&P 500 and Nasdaq notching their highest closing levels since early 2022 after a robust U.S. jobs report fueled investor optimism about a soft landing for the economy.
U.S. stocks closed higher on Friday, with the S&P 500 and Nasdaq notching their highest closing levels since early 2022 after a robust U.S. jobs report fueled investor optimism about a soft landing for the economy.
All eyes have been on artificial intelligence (AI) this year, and for good reason. The market hit a value of $137 billion in 2022 and is projected to expand at a compound annual growth rate of 37% through 2030 (per Grand View Research). The sector is expanding quickly, leading nu
U.S. stock indexes closed higher on Friday, with strong gains from Nvidia and Meta Platforms after a robust U.S. jobs report fueled investor optimism about a soft landing for the economy.
Tech stocks rose late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) advancing 1.6%.
Technology stocks woke up from their mini slumber on Thursday. Buyers stepped in right near the Nasdaq’s 21-day moving average. The comeback and small gains through mid-afternoon trading Friday helped the tech-heavy index finally
Arguably the world's most important semiconductor expert is back on Wall Street, and its stock chart is never boring. Shares of Arm Holdings (NASDAQ: ARM) rose by 24.8% in November 2023, according to data from S&P Global Market Intelligence. The microchip-architecture researcher
The S&P 500 rose in choppy trade on Friday, briefly touching a four-month high, following a strong U.S. jobs report that fueled investor optimism about a soft landing for the economy.
Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available today, for the June 2026 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 923 days until expiration the newly available contracts re
Dell Technologies' DELL is offering upgraded PowerScale systems that comprise improved storage solutions for higher AI and Generative AI outcomes. The systems are well-equipped to help users access data quickly.Dell PowerScale has
Nokia Corporation NOK announced that it has completed a 5G Advanced Reduced Capability (RedCap) test over a commercial network in collaboration with du from Emirates Integrated Telecommunications Company. This is the first instanc
Qualcomm Incorporated QCOM recently announced that Escola de Enxeñaría de Telecomunicación, a premier academic institute based in Vigo, Spain, has opted to incorporate Qualcomm’s 5G training program into their educational structur
Wall Street's main indexes slipped on Friday after a jobs report pointing to a resilient U.S. labor market dampened hopes that the Federal Reserve would cut interest rates by early next year, while gains in energy shares helped limit declines.
Nvidia (NVDA) 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.
Since its inception, Bitcoin (BTC) has been the leading light in the world of cryptocurrency. It has dominated the markets and has been the market-leading cryptocurrency by a country mile. However, since reaching the $60,000 price
There's a debate raging up on Wall Street these days. One side insists that the S&P 500 is already poised for the next bull market, just 5% from a fresh all-time high, while others insist that the recovery will hit a speed bump and could ultimately be derailed as economic hea
In today's video, I discuss recent AI updates affecting Advanced Micro Devices (NASDAQ: AMD). Check out the short video to learn more, consider subscribing, and click the special offer link below.