SoftBank Group Corp's Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer.
What happened
Shares of Intel (NASDAQ: INTC) were curiously on the rise today, up 3.2% in Thursday trading even as most other semiconductor stocks were down markedly on the day.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.73%. Stocks on Thursday settled mixed, with the S&P 500...
(RTTNews) - Palo Alto-based biotech firm, Inceptive, led by former Google AI expert Jakob Uszkoreit, has raised $100 million in funding from Nvidia and Andreessen Horowitz.
Worried about a top-heavy S&P 500? You’re not alone – concentration risk is a key theme for investors and market watchers right now. The S&P 500, up 16.3% YTD, continues to offer a nice investment opportunity, but a significant over-reliance on just a few tech names creates some serious risk. Investors and advisors may want [...]
Read more at ETFTrends.com.
The S&P 500 and Nasdaq fell on Thursday with Apple leading declines in megacap growth stocks on concerns over China's iPhone curbs, while a fall in weekly jobless claims stoked worries about sticky inflation.
Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.
What happened
Shares of C3.ai (NYSE: AI) were down 12% as of 10:39 a.m. ET on Thursday after the company's earnings report for the fiscal quarter ending July.
Robots and artificial intelligence (AI) are increasingly gaining precedence in our daily life. The pandemic-driven stay-at-home trend made these more important as we have become more dependent on technology. The growing accessibil
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. Stock indexes this morning are mostly lower, with the...
Bandwidth Inc. BAND has teamed up with Google and Cognigy to introduce a voice-based artificial intelligence tool AIBridge. The partnership aims to offer a premium customer service experience by harnessing the full potential of ge
The S&P 500 and Nasdaq fell on Thursday with Apple leading declines in megacap growth stocks on concerns over China's iPhone curbs, while weaker-than-expected jobless claims data stoked worries about sticky inflation.
Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.67%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -1.20%, both at 1-week lows. Stock indexes this morning are moderately lower. Apple is down more than -2% in pre-market trading to lead technology stocks lower...
U.S. stock markets closed lower on Wednesday as market participants remain highly concerned regarding the Fed’s next move with respect to interest rate. A resilient U.S. economy and an elevated inflation rate may compel the centra
The NASDAQ 100 Pre-Market Indicator is down -185.06 to 15,186.38. The total Pre-Market volume is currently 30,767,876 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.47 at $18.65, with 3,793,473 shares
Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well.
To find more stocks like these, take a look at TipRanks’
Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts.
Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Amazon (
NASDAQ:AMZN)
– Amazon is a multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Yesterday,
Bank of America Securities analyst Justin Post maintained a Buy rating on the stock with a price target of $174. All 31 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 29%.
Alibaba Group (
NYSE:BABA)
– Alibaba is a provider of e-commerce, retail, Internet, and technology services. Yesterday,
Loop Capital Markets analyst Rob Sanderson reiterated a Buy rating on the stock with a price target of $135. BABA stock has received Buy ratings from all seven Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 54%.
Nvidia (
NASDAQ:NVDA)
– This company manufactures computer graphics processors, chipsets, and related multimedia software. Yesterday,
Goldman Sachs analyst Toshiya Hari reaffirmed a Buy rating on the stock with a price target of $605. 31 out of the 32 Top Analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 34%.
Who are the Top Analysts?
TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’
Top Wall Street Analysts page.
Disclosure
The S&P 500 and Nasdaq futures fell on Thursday over concerns about sticky inflation, while investors awaited comments from key Federal Reserve officials later in the day to gauge the U.S. interest rate path.
For Immediate ReleaseChicago, IL – September 7, 2023 – Zacks Equity Research shares NVIDIA NVDA as the Bull of the Day and Taiwan Semiconductor TSM as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Ev