Tesla (NASDAQ: TSLA) has been a terrific long-term investment. Since the company went public in 2010, the shares have gained more than 10,000%. This meteoric rise helped place the company in the Magnificent Seven, a list of superstars that also includes the likes of Alphabet and
Wall Street is a stomping ground for innovation. Since the advent of the internet three decades ago, there have been a long list of next-big-thing trends and innovations that have come down the line, including genome decoding, 3D printing, blockchain technology, and the metaverse
The "Magnificent Seven" is a group of seven of the world's largest technology stocks. Last year, they delivered an average return of 112%, which crushed the 24% gain in the benchmark S&P 500 index. The seven stocks include:
Nvidia (NASDAQ: NVDA) stock has been in phenomenal form over the past year, gaining a stunning 259% thanks to its eye-popping revenue and earnings growth on the back of the booming demand for its artificial intelligence (AI) chips.
South Korea's SK Hynix, an Nvidia supplier, expects high-bandwidth memory (HBM) chips used in AI chipsets to make up a double-digit percentage of its DRAM chip sales in 2024, CEO Kwak Noh-Jung said on Wednesday.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.36%. Stock indexes Tuesday gave up an early advance and posted moderate losses. Nvidia fell...
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Nokia Corporation NOK recently announced that it has inked an agreement with Batelco to roll out 5G private wireless networks throughout Bahrain. Batelco, the primary telecommunication company in Bahrain, opted to leverage Nokia’s
Juniper Networks, Inc. JNPR joined forces with Coherent Corp. and Marvell Technology Inc. to showcase the industry's first comprehensive 800ZR systems designed to augment network performance capabilities and drive innovations in d
Autodesk could emerge as a key beneficiary of AI as it integrates the technology into its software and services. Here’s what Wall Street expects for the software stock after its well-received Q4 earnings.
On March 18, Novo Nordisk (NYSE: NVO) and Nvidia (NASDAQ: NVDA) announced a major new collaboration, an artificial intelligence (AI) project that's already making waves in biopharma. In short, Nvidia is going to be building the pharma company a brand-new piece of hardware that co
Amazon AMZN is leaving no stone unturned to bolster its generative AI capabilities on the back of its cloud computing arm, Amazon Web Services (“AWS”), which has been its key growth driver. Shares of Amazon have gained 83.3% over
SoundHound AI SOUN is expanding its footprint in the automotive industry with the recent integration of advanced voice AI into vehicles.With its voice assistant, SoundHound Chat AI Automotive, the world’s first in-vehicle voice as
Cognizant Technology Solution’s CTSH expansion into the life science and healthcare domain is gaining momentum, driven by an expanding partner base. It is teaming up with Clario, NVDIA NVDA and Microsoft MSFT to enhance its offeri
Wall Street's main stock indexes climbed on Tuesday as most megacap growth stocks and chipmakers advanced, while investors awaited economic data in a holiday-shortened week to assess the Federal Reserve's easing path.
Woodward WWD has inked a multi-year agreement with the Australia-based aviation company, Alliance Airlines. Per the agreement, WWD will become the sole contractor of Thrust Reverser Actuation Systems (“TRAS”) repair and maintenanc
Artificial intelligence (AI) is a hot investment theme today, with investors flocking to shares of companies that are developing the technology or using it to improve their operations. In fact, AI stocks have helped drive the market gains we've seen in recent months, pushing the
Stocks may have slipped on Mar 25 to begin a shortened final week of the first quarter but the S&P 500 is on track to post a price gain of almost 10%. The broader index has scaled up nearly 30% since its closing low on Oct 27
Stocks may have slipped on Mar 25 to begin a shortened final week of the first quarter but the S&P 500 is on track to post a price gain of almost 10%. The broader index has scaled up nearly 30% since its closing low on Oct 27