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Shares held their gains on Tuesday after a tech-led rally on Wall Street the day before and lower oil prices had boosted global stocks, while U.S. benchmark treasury yields rose.
The artificial intelligence (AI) industry exploded last year, with excitement over the technology unlikely to dissipate in 2024. According to Grand View Research, the AI market is projected to expand at a compound annual growth rate of 37% until at least the end of the decade, wh
Taiwan's exports rose more than expected in December on stronger demand for high-tech products from the United States, but the recovery is expected to slow as the traditional peak year-end shopping season ends.
Japan's Nikkei share average hit its highest level since March 1990 on Tuesday, as investors snapped up chip-related stocks tracking an overnight Wall Street rally in technology shares.
Market activity was so healthy today, you’d think it was still 2023! After taking the air out of valuations across the board over the past week of trading, market participants saw fit to run a bit higher ahead of Q4 earnings seaso
Super Micro Computer (NASDAQ: SMCI) stock made big gains in Monday's trading. The company's share price closed out the daily session up 9.6%, according to data from S&P Global Market Intelligence.
The Nasdaq scored its first gain of at least 1% in 2024 on Monday, as a fall in Treasury yields helped lift megacap stocks, while a sharp drop in Boeing shares kept gains on the Dow Industrials in check.
Shares of Nvidia surged to a record high close on Monday after the world's most valuable chipmaker unveiled new desktop graphics processors taking advantage of artificial intelligence.
The Nasdaq closed with a gain of at least 1% for the first time in 2024 on Monday, as a fall in Treasury yields helped lift megacap stocks, while a sharp drop in Boeing shares kept gains on the Dow Industrials in check.
Shares of Nvidia (NASDAQ: NVDA) were moving higher today after investors responded well to a series of announcements at CES today, which included new chips for generative artificial intelligence (AI) technologies, PCs and gaming, and new partnerships.
Tech stocks were sharply higher late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.4% and the SPDR S&P Semiconductor ETF (XSD) climbing almost 3%.
The Nasdaq gained more than 1% for the first time in 2024 on Monday, as a fall in yields helped lift megacap stocks, while a sharp drop in Boeing shares held the Dow Industrials near the unchanged mark.
Nvidia (NASDAQ: NVDA) stock is making big gains in Monday's trading. The company's share price was up 5.3% as of 2:30 p.m. ET, according to data from S&P Global Market Intelligence.
While both Palantir and Meta Platforms are positioned for a stronger AI-fueled future in 2024, Wall Street is bullish on one stock's long-term prospects - and cautiously optimistic on the other.
Tech stocks were sharply higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.1%.
For investors looking at the long-term case for China tech investing, the U.S.-China “chip war” has loomed large. The specter of ongoing and potentially worsening trade battles between the two countries has put a damper on tech outlooks in the East Asian nation. That said, China not only remains a key pillar in investor allocations [...]
Read more at ETFTrends.com.