Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, higher by 4.2%. Within the sector, APA Corp (Symbol: APA) and Occidental Petroleum Corp (Symbol: OXY) are two large stocks leading the way, showing a gain of 7.7
Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on Monday as investors returned to riskier assets after last week's selloff and Pfizer-BioNtech's COVID-19 vaccine got full U.S. approval.
In today's video I look at Nvidia's (NASDAQ:NVDA) and Microsoft's (NASDAQ:MSFT) most recent news and share my thoughts from a bullish and bearish perspective. Here are some highlights from the video:
Synopsys Inc said on Monday one of its customers used artificial intelligence software to get a 26% gain in the power efficiency of a computer chip, a leap that usually has to wait for a new generation of chip manufacturing technology.
Japan's Nikkei share average jumped on Monday, after plumbing an eight-month low in the previous session, as auto-related stocks rebounded from losses following Toyota Motor's announcement of slashing global production by 40% next month.
Nvidia (NASDAQ: NVDA) just hit another earnings report out of the park. Second-quarter fiscal 2022 revenue handily topped management's own forecast and was up 68% year over year. The party should continue into Q3 -- Nvidia expects a 44% year-over-year increase in sales at the mid
It wasn't all that long ago that no company on the planet claimed a market cap of $1 trillion. Thanks to the booming stock market over the last couple of years, though, there are now five companies with market caps of at least $1 trillion.
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may consider NVIDIA Corporation (NASDAQ:NVDA) as a stock to avoid entirely with its 73x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there
Artificial intelligence has already become a transformative technology. AI-powered smart speakers sit in our homes, manufacturing robots with AI work in factories, and some of our cars use AI to automatically apply the brakes or steer vehicles back into their lanes.
Stocks have been under pressure for much of the week, but Friday brought a silver lining to those who've had to endure declines over the past several days. Some encouraging earnings reports and a generally more upbeat view of the prospects for the U.S. economy in long run helped
The major indexes finished solidly in the green Friday, but those gains weren't enough to prevent the stock benchmarks from ending in the red on a weekly basis.
The major indexes finished solidly in the green Friday, but those gains weren't enough to prevent the stock benchmarks from ending in the red on a weekly basis.
Wall Street's main indexes rose on Friday, boosted by tech stocks in a broad-based rally, although concerns over a slowing economic recovery and the possible tapering of stimulus saw the indexes on course for weekly losses.
What happened
Shares of Nvidia (NASDAQ: NVDA), which makes semiconductors used in video games, cryptocurrency mining, and artificial intelligence, jumped 3% through 10:15 a.m. EDT Friday.
Is data the new oil? I have been saying for over a year that it is not. Data needs data centers, and data centers need semiconductors. Therefore, semiconductors are the new oil. Think about it for a minute. Consider all the secular growth trends and disruptive innovations we are
The Nasdaq led gains among Wall Street indexes on Friday, driven by strength in tech stocks, although concerns over a slowing economic recovery and the possible tapering of stimulus saw the Dow and the S&P 500 set for their worst week since mid-June.
North Dakota produces the most honey in the U.S., and is currently experiencing its worst drought since 1988, weakening bee colonies throughout the state. Without these colonies, crops in the state, as well as almonds and other crops in California are set to suffer in another cascade effect of a warming planet. A shortage of [...] Read more at ETFtrends.com.
Nvidia Corp's planned $40 billion acquisition of British chip designer ARM looks set to face a lengthy inquiry after a UK regulator found the deal would hit competition and could weaken rivals.