The Invesco RAFI Strategic US ETF is seeing unusually high volume in afternoon trading Friday, with over 333,000 shares traded versus three month average volume of about 55,000. Shares of IUS were up about 0.4% on the day.
In trading on Friday, the Semiconductor ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Qualcomm, up about 3.5% and shares of Advanced Micro Devices, up about 3.5% on the day.
Wall Street's main indexes climbed on Friday, driven by strength in chip and megacap stocks, while investors remained vigilant about ongoing corporate earnings and any hints on the timing of rate cuts.
Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates due to strong demand for artificial intelligence servers.
In today's video, I discuss recent news affecting Advanced Micro Devices (NASDAQ: AMD) and a few other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Wall Street's main indexes were set to open higher on Friday as chip and megacap stocks continued their rise, while investors kept a close watch on ongoing corporate earnings and any hints about the timing of rate cuts.
The broader semiconductor industry is continuing its dream run in early 2024 after an astonishing 2023. On Jan 18, the Philadelphia Semiconductor Index (SOX) closed at 4,206.52, soaring 50% over the past year and up 2.6% year to d
Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam
U.S. stock index futures climbed on Friday, as chip and megacap stocks continued their ascent, while the ongoing corporate earnings season and hints on the timing of interest-rate cuts dominated investors' watch list.
Advanced Micro Devices (NASDAQ: AMD) stock is making big gains this week. The company's share price was up 11% from the previous week's market close heading into this Friday's trading, according to data from S&P Global Market Intelligence.
Artificial intelligence (AI) stocks were on fire on the market in 2023, especially chipmakers Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), which saw their shares jump significantly on the back of the booming demand for AI chips. These two chip stocks could have
Investors seeking momentum may have VanEck Semiconductor ETF SMH on radar now. The fund recently hit a new 52-week high. Shares of SMH are up approximately 64.3% from their 52-week low of $109.86/share.
U.S. stock index futures edged higher on Friday, driven by gains in chip and megacap stocks, while investors reassessed expectations of a March rate cut and awaited earnings reports from corporate America.
It is impossible to predict the future, especially in the stock market, but historical patterns do suggest certain outcomes are more likely than not. For instance, analysis of trading data going back to 1971 shows the Nasdaq Composite has risen an average of 19% in the year follo
Intel stock (NASDAQ: INTC) is expected to publish its Q4 2023 results on January 25. We expect revenue for the quarter to come in at about $15.2 billion, in line with consensus estimates. This would mark an increase of about 8% versus the previous year. We expect the compan
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.47%. Stocks on Thursday moved higher, with the Nasdaq...