The breakout rally in AI stocks, with Nvidia leading the charge, has raised concerns about a potential bubble. However, with NVDA now down about 10% from its recent highs, here are three AI chip stocks that look even more expensive than the industry leader.
SoundHound AI (NASDAQ: SOUN) stock sank on Monday. The company's share price wound up slipping 7.5%, according to data from S&P Global Market Intelligence. The stock saw volatile trading in the daily session, having been up as much as 2.1% and down as much as 11.7%. Meanwhile
Nvidia said on Monday it is expanding its collaborations with BYD and other Chinese automakers that are racing to build self-driving vehicles and AI-augmented infotainment technology to compete in global markets.
Monday, March 18th, 2024Off session highs which came in the earlier morning trading hours, market indices closed mostly in the green today: the Dow finished +75 points, +0.20%, while the Nasdaq grew +130 points, +0.82%, and the S&
Wall Street's main indexes closed higher on Monday, with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited anxiously for the U.S. Federal Reserve's meeting this week.
Wall Street's main indexes closed higher on Monday, with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited anxiously for the U.S. Federal Reserve's meeting this week.
Artificial intelligence (AI) chip leader NVIDIA's (NASDAQ: NVDA) GPU Technology Conference (GTC) 2024 has begun. It will run Monday through Thursday at the SAP Center in San Jose, California. It's the first time since 2019 that this annual happening, widely considered the world's
Wall Street regained some optimism on Monday, as Nvidia (NVDA) and Alphabet (GOOGL) rallied. Traders also patiently awaited the Federal Open Market Committee's (FOMC) two-day meeting, which kicks off tomorrow and will bring the the central bank's interest rate decision on Wednes
The technology sector continues to garner investor attention and flows in the first quarter. For advisors and investors looking to blend Nasdaq exposure with tax-efficient, high monthly income, the NEOS Nasdaq 100 High Income ETF (QQQI) is worth consideration. Tech stocks rose in Monday trading after two weeks of underperformance. News of Apple’s potential iPhone [...]
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Wall Street analysts just keep boosting stock price targets for advanced semiconductor chip supplier Nvidia (NASDAQ: NVDA). On Monday afternoon, Nvidia kicked off its 2024 GPU technology conference (GTC) with a keynote address by founder and CEO Jensen Huang.
Investors who have followed U.S. equities over the past few years understand that we are in the midst of the next technological revolution. The explosion in stock prices and earnings in AI-related names like Nvidia (NVDA) has spar
Nvidia (NASDAQ: NVDA) stock has continued to climb higher in Monday's trading. The graphics processing unit (GPU) company's share price was up 1% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. It had been up as much as 5.2% earlier in the day's tra
Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference on Monday, with Chief Executive Jensen Huang unveiling the new flagship artificial intelligence chip, called the Blackwell B200, in an afternoon keynote address.
Artificial intelligence semiconductor powerhouse Nvidia kicked off its annual developer conference on Monday, with investors focused on new chip announcements from Chief Executive Jensen Huang in an afternoon keynote address.
Wall Street's main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S. Federal Reserve's meeting this week.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.63%. Stocks this morning are moderately higher, led by strength in technology stocks. Alphabet...
Without question, the market has developed an insatiable appetite for artificial intelligence (AI) technology and for the companies steering this new frontier.
The iShares Expanded Tech Sector ETF is seeing unusually high volume in afternoon trading Monday, with over 93,000 shares traded versus three month average volume of about 27,000. Shares of IGM were up about 1.3% on the day.
Components of that ETF with the highest volume on M
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