Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on Tuesday.
Investors are understandably fascinated by the so-called "Magnificent Seven" stocks, a group of megacap companies that have created tremendous wealth for shareholders.
Taiwan's exports fell for an 11th straight month in July, though by less than expected as weak demand for its high-tech products from the U.S. and China was countered by growing momentum in artificial intelligence applications.
What happened
Shares of artificial intelligence (AI) software company C3.ai (NYSE: AI) were falling on Monday, down 7% as of 11:03 a.m. ET. Those invested in the stock since the beginning of the year likely aren't complaining, though, as C3.ai has still more than tripled in 2023,
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 06/30/2023 reporting period, and noticed that NVIDIA Corp (Symbol: NVDA) was held by 13 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good ide
Upstart stock has outperformed alongside other artificial intelligence names in 2023, but analysts are largely unimpressed. Can UPST win over Wall Street skeptics with its disruptive lending model?
Nexstar Media Group NXST is set to report second-quarter 2023 results on Aug 8.The Zacks Consensus Estimate for second-quarter revenues is pegged at $1.25 billion, indicating a marginal increase of 0.29% from the year-ago quarter'
Roblox RBLX is set to report second-quarter 2023 results on Aug 9.The Zacks Consensus Estimate for revenues is pegged at $785.01 million, indicating growth of 22.68% from the year-ago quarter’s levels.The consensus estimate for lo
Wall Street climbed higher on Monday following a choppy week, with investors looking ahead to a highly awaited U.S. inflation report due later in the week that could test the market's sharp recovery this year.
On August 7, 2023 at 10:01:40 ET an unusually large $11,277.50K block of Put contracts in NVIDIA (NVDA) was bought, with a strike price of $640.00 / share, expiring in 865 day(s) (on December 19, 2025). Fintel tracks all large options trades, and the premium spent on this trade
Many tech stocks crumbled last year as rising interest rates and other macro headwinds drove investors toward more conservative investments. But this year the bulls rushed back to the tech sector as some of those headwinds dissipated.
Wall Street was set for a higher open on Monday following a choppy week, with investors looking ahead to a highly awaited U.S. inflation report due later in the week that could test the market's sharp recovery this year.
For Immediate ReleaseChicago, IL – August 7, 2023 – Zacks Equity Research shares NVIDIA NVDA as the Bull of the Day and MicroStrategy MSTR as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Electronic
U.S. stock index futures rose on Monday after a rough week when elevated bond yields pressured rate-sensitive stocks, with all eyes now on a highly awaited U.S. inflation report that offers the latest test to Wall Street's sharp recovery this year.
The three most widely followed indexes closed a losing week last Friday. The Nasdaq Composite declined 2.9%, while the S&P 500 and the Dow Jones Industrial Average lost 2.3% and 1.1%, respectively.
U.S. stock index futures rose on Monday after a rough week when elevated bond yields pressured rate-sensitive stocks, with all eyes now on a highly awaited U.S. inflation report that offers the latest test to Wall Street's sharp recovery this year.
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