What happened
C3.ai (NYSE: AI) stock is losing ground in Thursday's trading as the market digests the impact of Nvidia's (NASDAQ: NVDA) recent second-quarter results. C3.ai's share price was down 11.1% as of 2:30 p.m. ET, according to data from S&P Global Market Intelligence.
U.S. stocks were lower in afternoon trading on Thursday, with the Nasdaq down about 1% after this week's sharp gains and investors nervous ahead of Federal Reserve Chair Jerome Powell's speech Friday.
Tech stocks were lower Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 1.4% and the Philadelphia Semiconductor index falling 2.2%.
The Toronto-Dominion Bank today announced that a dividend in an amount of ninety-six cents per fully paid common share in the capital stock of the Bank has been declared for the quarter ending October 31, 2023, payable on and after October 31, 2023, to shareholders of record at
The Invesco S&P 500— Top 50 ETF is seeing unusually high volume in afternoon trading Thursday, with over 390,000 shares traded versus three month average volume of about 185,000. Shares of XLG were down about 0.9% on the day.
After delivering a jaw-dropping outlook three months ago, all eyes were on Nvidia (NASDAQ: NVDA) when the company reported the results of its fiscal 2024 second quarter (ended Jul. 30). Management was calling for revenue of $11 billion, an increase of 64% year over year and 53% s
Nokia Corporation NOK recently introduced the 25G PON (Passive optical networking) starter kit solution, aimed at accelerating the deployment of high-speed connectivity for enterprises while helping operators maximize their revenu
Wall Street's main indexes fell on Thursday, as an initial boost from Nvidia's stellar forecast fizzled out and investors turned cautious ahead of Federal Reserve Chair Jerome Powell's speech later this week that will offer clues on the interest rate path.
Viavi Solutions Inc. VIAV introduced new testing capabilities for base stations and end-to-end networks, designed to support Non-Terrestrial Networks (NTN) and High-Altitude Platforms (HAPs). NTN holds great potential in extending
As a new era of AI has seemingly begun (spurred on by ChatGPT), so has a new thesis for investing in Snowflake (NYSE: SNOW). Indeed, Snowflake's platform for digital data has quite the head of steam with lots of customer spending obligations, and the company struck a new partners
World stocks receded on Thursday as investors took a breather after bets that tech darling Nvidia will deliver blockbuster results paid off, while Treasury bond yields edged back higher following a big sell-off.
What happened
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is losing a bit of ground in Thursday's trading. The semiconductor fabrication leader's share price is down 1.2% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence.
Fintel reports that on August 24, 2023, Benchmark maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Baird maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, Wedbush maintained coverage of NVIDIA (NASDAQ:NVDA) with a Outperform recommendation. Analyst Price Forecast Suggests 8.24% Upside
Fintel reports that on August 24, 2023, UBS maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 8.24% Upside
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, NVIDIA is now the #27 analyst pick, moving up by 1 spot.
The S&P 500 and the Nasdaq gained at open on Thursday after a stellar forecast from Nvidia boosted investor confidence in an artificial intelligence (AI) boom and lifted shares of major technology and growth stocks.
Investors have been excited about the prospects for artificial intelligence all year, and no company has cashed in more on the AI trend than Nvidia (NASDAQ: NVDA). Investors had been looking forward to the semiconductor chip maker's fiscal second-quarter financial report for mont