This year will likely go down in history as the year artificial intelligence (AI) came of age. AI exploded onto the scene with the debut of ChatGPT, which seemed to mark a paradigm shift for generative AI, which can generate original content. Not only can these next-gen systems e
Demand for NVIDIA's (NASDAQ: NVDA) AI chips is proving insatiable. The launch of ChatGPT from OpenAI late last year opened the AI floodgates by demonstrating the power and potential of generative AI. The latest AI tech can generate text, write code, produce images and videos, mim
Shares of C3.ai Inc dropped nearly 20% in premarket trading on Thursday after the AI software maker's quarterly revenue forecast missed estimates, dampening some of Wall Street's recent euphoria around AI-linked stocks.
Will Advanced Micro Devices (NASDAQ: AMD) benefit or suffer from the huge AI inflection momentum Nvidia (NASDAQ: NVDA) is experiencing? Check out the short video to learn more, consider subscribing, and click the special offer link below.
The artificial intelligence revolution is coming, and investors are rushing to position themselves for the future. Nvidia (NASDAQ: NVDA) has been the early winner; its dominance in high-powered GPUs and data center chips fueled the stock's 175% rise since January.
Nvidia (NASDAQ: NVDA) is reaping the rewards of the artificial intelligence (AI) boom thanks to its solid position in the graphics processing unit (GPU) market, as the demand for these chips has skyrocketed because of the role they play in training AI models.
Revenue for the video games market is projected to hit $385 billion this year and continue expanding at a compound annual rate of 8% through 2027, according to the forecasters at Statista. While its growth may not be as significant as other tech markets like artificial intelligen
Nvidia (NASDAQ: NVDA) recently made history as the first chipmaker to ever reach a market capitalization of $1 trillion. A large portion of those gains occurred over the past 10 years, as its stock skyrocketed roughly 10,870%. That massive rally would have turned a $1,000 investm
Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence, feels "perfectly safe" about relying heavily on Taiwan for manufacturing, its chief executive Jensen Huang said on Thursday.
Achieving a trillion-dollar market cap is a rare milestone with Nvidia (NVDA) momentarily reaching the upper-echelon task this week. Used as an indicator of a company’s current value, market capitalization is calculated by multipl
What happened
What comes up must come down, as the old saying goes, and that rule of gravity applied to Nvidia (NASDAQ: NVDA) stock on Wednesday. The days-long rally in the tech company's shares, fueled by its involvement in artificial intelligence (AI), fizzled out as investors
A look at the day ahead in Asian markets from Jamie McGeever. A batch of purchasing managers index reports from across the Asia-Pacific region will offer local markets direction on Thursday, with investors likely to be in a cautious mood following Wednesday's global market moves.
What happened
Shares of semiconductor giants Advanced Micro Devices (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Dell Technologies (NYSE: DELL) were all falling on Wednesday, down 5.2%, 3.7%, and 5.3%, respectively, as of 3:42 p.m. ET.
U.S. stocks closed down on Wednesday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress, while unexpectedly strong labor market data rattled investors who fear the Federal Reserve might hike interest rates again in June.
Wednesday, May 31, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Fomento Económico Mexicano, S.A.B. de C.V. (
U.S. stocks fell on Wednesday as a deal to raise the federal debt ceiling headed toward a crucial vote in Congress, while unexpectedly strong labor market data rattled investors who fear the Federal Reserve might hike interest rates again in June.
Tech stocks were lower late Wednesday with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the Philadelphia Semiconductor index falling 2.3%.
U.S. stocks fell on Wednesday as a deal to raise the federal debt ceiling headed toward a crucial vote in Congress, while unexpectedly strong labor market data initially raised the likelihood of the Federal Reserve hiking interest rates again.