Amazon AMZN is set to report first-quarter 2024 results on Apr 30.The company is expected to have continued gaining from the solid momentum in the rapidly growing cloud market on the back of its cloud computing division, Amazon We
Fair Isaac FICO reported second-quarter fiscal 2024 earnings of $6.14 per share, beating the Zacks Consensus Estimate by 5.86% and rising 28.5% year over year.Revenues of $433.8 million increased 14.1% on a year-over-year basis an
KLA Corporation KLAC reported third-quarter fiscal 2024 non-GAAP earnings of $5.26 per share, beating the Zacks Consensus Estimate by 6.48%. The figure declined 4.2% year over year.Revenues decreased 3% year over year to $2.36 bil
Intel INTC posted mixed first-quarter 2024 results. The world’s largest chipmaker beat estimates on earnings but lagged the same on revenues. It provided a dismal second-quarter revenue guidance, underscoring concerns over the com
Nvidia (NVDA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Micron Technology, Inc. MU has embarked on a transformative journey in semiconductor manufacturing, securing $6.1 billion in funding under the CHIPS and Science Act to support its ambitious expansion plans in the United States. Th
The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now t
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Fidelity Nasdaq Composite Index ETF (ONEQ) is a passively managed exchange traded fund launched on 09/25/2003.
It's hard to proclaim any stock other than Super Micro Computer (NASDAQ: SMCI) as the stock of 2024 (so far). It has been an unbelievable investment and has gained more than 267% so far this year. However, the stock is cooling a bit, as that number used to be as high as 318%.
Nvidia's (NASDAQ: NVDA) recent GPU Technology Conference (GTC) took the wraps off Blackwell -- the company's next-generation chip platform. Named after mathematician, statistician, and pioneering game theorist David Blackwell, the new graphics processing unit (GPU) hardware is de
The "Magnificent Seven" originally made the headlines as a Western back in 1960, but in recent times, it's entered the investing world. Bank of America analyst Michael Hartnett first used the term last year to refer to a group of stocks that are industry leading, each known for i
Few stocks have outperformed the "Magnificent Seven" in recent years. All seven have seen their share prices rise by more than 400% during the past decade; some have even skyrocketed by nearly 20,000%!
One of the most outspoken investors on Wall Street is Cathie Wood, the founder of ARK Invest. Wood is best known for making big bets in emerging areas of technology and healthcare.
Launched on 01/26/2004, the Vanguard Information Technology ETF (VGT) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.
A big reason why Nvidia (NASDAQ: NVDA) is currently the overwhelming leader in the AI accelerator market is related to software. The company's CUDA software platform, which enables developers to write applications that tap into Nvidia's GPUs for accelerating workloads, has been w
The U.S. stock market is off to a soaring start in 2024, as optimism over the economy and interest rate cuts has combined with exuberance about the business opportunity in artificial intelligence to stir up a potent cocktail for equities.
U.S. stock index futures were lackluster on Thursday as investors awaited more data to gauge the state of the economy and the Federal Reserve's policy path, though activity is expected to be muted heading into a long weekend break.