U.S. stock index futures climbed on Wednesday, after Netflix surged on posting its largest-ever fourth-quarter subscriber growth, while ASML's strong earnings drove gains in chip stocks.
With share prices up by 49% in the first three weeks of 2024, Super Micro Computer (NASDAQ: SMCI) has hit the ground running in the new year. This latest move caps off an almost 500% rally over the last 12 months as investors become increasingly optimistic about its potential in
Nvidia's (NASDAQ: NVDA) stock soared 1,420% over the past five years. Its growth was largely driven by the expansion of the artificial intelligence (AI) market, which prompted more companies to install its high-end GPUs in their data centers.
For Immediate ReleaseChicago, IL – January 24, 2024 – 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 fi
Interest in artificial intelligence (AI) skyrocketed after the launch of OpenAI's ChatGPT in November 2022. The chatbot highlighted how far AI has come, with the potential to advance countless industries, including cloud computing, e-commerce, consumer products, healthcare, educa
For Immediate ReleaseChicago, IL – January 24, 2024 – 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 fi
Chipmaking equipment maker ASML Holding on Wednesday reported fourth-quarter earnings that beat expectations and its best-ever quarterly orders, but it kept a cautious outlook for 2024 as it faces new restrictions on exports to China.
The most recent trading session ended with Nvidia (NVDA) standing at $598.73, reflecting a +0.37% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.29%. On the other hand, the Dow
DigitalOcean‘s DOCN shares have returned 56.8% in the past three months compared with the Zacks Computer & Technology sector’s increase of 18.2% over the same time frame. The uptick can be attributed to DOCN’s expanding portfo
T-Mobile US, Inc. TMUS is set to report fourth-quarter 2023 results on Jan 25, after the closing bell. In the last reported quarter, the company reported adjusted earnings of $1.82 per share and delivered an earnings surprise of 4
Over the past year, Nvidia (NASDAQ: NVDA) has been the talk of the town and one of the stock market's best-performing large companies. The company designs the kind of advanced graphics processing unit (GPU) technology needed for artificial intelligence (AI). As a result, the GPU
Startup Convai, which made a splash at Nvidia’s press conference at CES this year, uses AI to add a more human element to computer generated characters.
Ericsson ERIC reported mixed fourth-quarter 2023 results, wherein the bottom line surpassed the Zacks Consensus Estimate but the top line missed the same. The company recorded a top-line decline year over year due to a sharp sales
In this video, I will talk about three AI semiconductor companies that will greatly benefit from the AI revolution. These companies aren't talked about as much as Nvidia, AMD, or Intel, but they play an increasingly important role in the industry.
Logitech International S.A. LOGI reported better-than-expected results in the third quarter of fiscal 2024. The computer peripheral and software maker’s fiscal third-quarter non-GAAP earnings of $1.53 per share beat the Zacks Cons
In today's video, I discuss recent news affecting Nvidia (NASDAQ: NVDA) and a few other semiconductor equipment companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.
For Immediate ReleaseChicago, IL – January 23, 2024 – 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 fi
For Immediate ReleaseChicago, IL – January 23, 2024 – 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 fi
The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved