Chip stocks have taken center stage amid a recent boom in the artificial intelligence (AI) market as demand for graphics processing units (GPUs) has skyrocketed. These high-powered chips are critical for training and running AI models. As a leader in GPUs, Nvidia has seen the mos
Artificial intelligence (AI) has been a hot investing theme for over a year now, since ChatGPT first arrived on the scene in November 2022. Since then, many companies in and outside of tech have been working on developing their AI capabilities to take advantage of next-gen techno
Technology stocks were in fine form in 2023, which is evident from the outstanding gain of almost 67% on the Nasdaq-100 Technology Sector index during the year, and the good part is that the sector is showing promising signs once again this year.
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.15%. Stocks on Friday posted moderate losses, with the Nasdaq 100 falling to a 3-week...
U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting.
The "AI effect" can already be seen in Microsoft's financials - and now, the tech giant is expanding its AI bets beyond OpenAI to a French start-up that has also landed investments from the likes of Nvidia, Salesforce, and Andreessen Horowitz.
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations.
U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting.
U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting.
Friday, March 15, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), The Coca-Cola C
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. Stocks this morning are moderately lower, with the Nasdaq 100 falling to a...
Wall Street's main stock indexes fell on Friday, with the tech-heavy Nasdaq leading losses on worries that hotter-than-expected inflation figures could sully hopes of an early start to the Federal Reserve's rate-easing cycle.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $317.2 million dollar inflow -- that's a 0.4% increase week over
omparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the BlackRock U.S. Equity Factor Rotation ETF, which added 20,300,000 units, or a 25.5% increase week over week. Among the largest underlying component
In a remarkable development on Thursday, Microsoft's MSFT stock reached an unprecedented high, driven by the announcement of its new artificial intelligence assistant, Microsoft Copilot for Security. The launch has significantly b
The performance of Magnificent 7 stocks has been mixed in 2024, to say the least. While Ray Dalio thinks Alphabet and Meta are good buys, "valuation dean" Ashwath Damodaran is throwing his weight behind Tesla.
Wall Street's main stock indexesdipped on Friday on worries that sticky inflation could impact the timing of the first interest-rate cuts by the Federal Reserve, roiling rate-sensitive stocks ahead of the central bank's meeting next week.
Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company's creative suite including Photoshop and disappointed investors hoping for a boost from AI integration.
Oracle ORCL has launched its Cloud EPM for Sustainability solution to help businesses measure and manage their sustainability efforts more effectively. This solution connects data, plans and targets across the organization, making
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Microsoft (MSFT) been one of those stocks this year? Let's take a closer l