Two trendy artificial intelligence (AI) stocks have led the S&P 500 higher in 2024. When the market closed on April 24, Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI) had notched year-to-date gains of 61% and 166%, respectively, surpassing every other stock in
Shares of AI-related stocks Arm Holdings (NASDAQ: ARM), SoundHound AI (NASDAQ: SOUN), and Bigbear.ai (NYSE: BBAI) rallied this week, appreciating 15.4%, 21.7%, and 22.8% on the week, respectively, as of 12:13 p.m. ET, Friday, according to data from S&P Global Market .
The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.55%. US stock indexes this morning are moderately higher, with the S&P 500 climbing...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $2.3 billion dollar inflow -- that's a 0.9% increase week over week in outstanding un
Amazon AMZN is set to report first-quarter 2024 results on Apr 30.The company is expected to have continued gaining from the solid momentum in the rapidly growing cloud market on the back of its cloud computing division, Amazon We
Amazon AMZN is set to report first-quarter 2024 results on Apr 30.The company is expected to have continued gaining from the solid momentum in the rapidly growing cloud market on the back of its cloud computing division, Amazon We
Fair Isaac FICO reported second-quarter fiscal 2024 earnings of $6.14 per share, beating the Zacks Consensus Estimate by 5.86% and rising 28.5% year over year.Revenues of $433.8 million increased 14.1% on a year-over-year basis an
KLA Corporation KLAC reported third-quarter fiscal 2024 non-GAAP earnings of $5.26 per share, beating the Zacks Consensus Estimate by 6.48%. The figure declined 4.2% year over year.Revenues decreased 3% year over year to $2.36 bil
Intel INTC posted mixed first-quarter 2024 results. The world’s largest chipmaker beat estimates on earnings but lagged the same on revenues. It provided a dismal second-quarter revenue guidance, underscoring concerns over the com
Nvidia (NVDA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Micron Technology, Inc. MU has embarked on a transformative journey in semiconductor manufacturing, securing $6.1 billion in funding under the CHIPS and Science Act to support its ambitious expansion plans in the United States. Th
The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now t
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Fidelity Nasdaq Composite Index ETF (ONEQ) is a passively managed exchange traded fund launched on 09/25/2003.
It's hard to proclaim any stock other than Super Micro Computer (NASDAQ: SMCI) as the stock of 2024 (so far). It has been an unbelievable investment and has gained more than 267% so far this year. However, the stock is cooling a bit, as that number used to be as high as 318%.
Nvidia's (NASDAQ: NVDA) recent GPU Technology Conference (GTC) took the wraps off Blackwell -- the company's next-generation chip platform. Named after mathematician, statistician, and pioneering game theorist David Blackwell, the new graphics processing unit (GPU) hardware is de
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