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Wall Street's three major stock indexes on Thursday registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year while chip stocks rallied after Micron Technology's upbeat forecast.

Fool.com contributor Parkev Tatevosian evaluates the chances of a stock split coming from Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI).

Both of these AI stocks have excellent long-term prospects.

Wall Street's three major stock indexes on Thursday registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year while chip stocks rallied after Micron Technology's upbeat forecast.

Ramping up its essential memory and storage solutions, Micron Technology’s MU stock hit record highs today after posting strong results for its fiscal second quarter on Wednesday.

Wall Street's three major stock indexes touched record highs on Thursday as chip stocks rallied following Micron Technology's upbeat forecast, and investors took comfort in the Federal Reserve sticking to its three-rate-cut view for this year.

GitLab GTLB is bolstering its robust DevSecOps platform with the recently-announced acquisition of a leading provider of cloud-native application security and risk management solutions, Oxeye.The acquisition underscores GitLab’s f

Cognizant Technology Solutions CTSH is strengthening its footprint in the software development and AI domains through an expanded partnership with Alphabet’s GOOGL cloud business, Google Cloud.Cognizant, in partnership with Google

Broad markets are breaking out to new highs, and so are the leading Artificial Intelligence stocks. Although some investors may think of the providers of AI software like Microsoft MSFT or Alphabet GOOGL, the real winners of this

Viasat, Inc. VSAT recently announced that Korean Air has opted to deploy Viasat’s In-Flight connectivity (IFC) solutions for its upcoming fleet of 40 Boeing 787s. Leveraging VSAT's robust satellite network, South Korea’s flag carr

Motorola Solutions MSI recently announced that the Austrian Government has selected Motorola’s VB400 body cameras to enhance the security of its police forces. Motorola is a long-trusted partner of public safety organizations in A

Wall Street's main stock indexes touched record highs on Thursday as chip stocks rallied following Micron Technology's upbeat forecast, while investors took comfort in the Federal Reserve sticking to its three-rate-cut view for this year.

ServiceNow NOW has unveiled its highly anticipated Washington, D.C. platform, marking a significant leap forward in enterprise transformation. This groundbreaking release introduces a host of cutting-edge features aimed at streaml

Wall Street has been on a rally this year, with major indexes hitting all-time highs in the past couple of months. The S&P 500, particularly, is on a dream run, with the index hitting multiple record highs in the past month.

The cryptocurrency market had a solid 2023 and the rally continues this year. On Mar 14, the largest cryptocurrency, Bitcoin (BTC), recorded an all-time high of 73,750.07. However, it has fallen more than 17.5% in less than a week

On Mar 20, after the FOMC meeting, the Fed kept the benchmark lending rate constant in the range of 5.25-5.5%. The range of the Fed fund rate has been steady since July 2023. Its current level marks the highest in 23 years. Since

Wall Street's main stock indexes climbed to record highs on Thursday as chip stocks rallied following Micron Technology's upbeat forecast, while investors took comfort in the Federal Reserve sticking to its three-rate-cut view for this year.

Many artificial intelligence (AI) stocks have generated great returns for investors over the past year. But along the way, that has resulted in some stocks reaching absurdly high valuations. In some cases, investors are paying massive premiums for future growth.

In this video, I will explain the difference between Palantir's (NYSE: PLTR) Foundry and Nvidia's (NASDAQ: NVDA) AI Foundry Service and review both stocks' valuations.

There is a notion out there that investing is hard. But it doesn't have to be. Regularly buying shares of growing companies is a simple but proven strategy for building lasting wealth in the stock market.