Investors hope stronger-than-expected earnings and upbeat guidance could lead to some semiconductor momentum. Advanced Micro Devices AMD is set to report on November 1, trading 63% off its highs. AMD is one of many chip stocks that have suffered amid unfavorable condition
What happened
Shares of graphics chip leader Nvidia (NASDAQ: NVDA) fell by more than 3% in early trading Monday, and were down by 1.9% as of 1:44 p.m. ET.
Advanced Micro Devices AMD forecasted third-quarter 2022 revenues to be approximately $5.6 billion, an increase of 29% year over year, lower than the previously expected rise of roughly 55%.
Aspen Technology AZPN, aka AspenTech, is a $15 billion provider of industrial software that helps manufacturers and engineering firms monitor and optimize their operations in a process commonly referred to as asset performance management (APM).Their most recent quarterly
Growth stocks have been hit the hardest in the ongoing bear market. That's because they typically rise the fastest when markets are charging higher, resulting in lofty valuations. While the steep drop can be painful for shareholders, it also presents the best opportunity to juice
What happened
Shares of Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Skyworks Solutions (NASDAQ: SWKS) were all up big on Friday, rising 4.1%, 5.5%, and 4%, respectively, as of 1:54 p.m. EDT.
The metaverse itself promises to disrupt a vast array of industries that stem far beyond the realms of today’s market leaders. This is likely to open up new and unconventional opportunities for investors seeking emerging trends.
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.
For Immediate ReleaseChicago, IL – October 28, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
It's the season for big technology events, and even old software giant Oracle (NYSE: ORCL) is getting in on the action. At its recent CloudWorld event, Oracle CEO Safra Catz was joined by Nvidia (NASDAQ: NVDA) CEO Jensen Huang to renew the companies' long-standing collaboration a
What happened
Investors were optimistic about Nvidia (NASDAQ: NVDA) today, likely after Meta Platforms said on its recent quarterly-earnings call that it is increasing its capital expenditures on artificial intelligence (AI) infrastructure, which could benefit Nvidia.
The iShares ESG MSCI USA Leaders ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.5 million shares traded versus three month average volume of about 109,000. Shares of SUSL were up about 0.2% on the day.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $4 inflow -- that's a 1.1% increase week over week in outstanding uni
Wall Street closed lower following a choppy session on Wednesday. While the potentially dovish Fed continued to dominate investor participation in the market, disappointing earnings numbers coming in from the tech sector acted as a dampener. Two of the three major indexes
Today's video focuses on how Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) could benefit from Meta Platforms' (NASDAQ: META) huge push into artificial intelligence. Many might believe that Nvidia only has one solution for the data center market, but this video wi
A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent's costly metaverse bets and the impact of soaring inflation on ad spending spooked investors.
Intel (NASDAQ: INTC) stock has lost nearly half of its value in 2022 amid the broader market sell-off and the headwinds arising out of a slowdown in the personal computer (PC) space. It also lost market share to Advanced Micro Devices (NASDAQ: AMD). A closer look indicates that t