The tech-laden Nasdaq fell on Wednesday as rising U.S. Treasury yields hit market-moving growth stocks, while investors awaited more data this week for clues on the timing of the Federal Reserve's interest-rate cuts.
Oracle ORCL was a star performer in yesterday’s trading session, as the stock jumped more than 13% to a record high, following the robust third-quarter fiscal 2024 results. The rise represents the biggest one-day gain in more than
Akamai Technologies, Inc. AKAM teamed up with Neural Magic to develop high powered deep learning AI software tailored for Akamai’s distributed computing infrastructure. Neural Magic is a software developer that expedites and simpl
The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks today are seeing downward pressure from the +2.5 bp rise in the 10-year...
With AI chip stock valuations getting a little overheated, which semiconductor stock is worth scooping up at current levels? Here's a head-to-head comparison of two outperforming semi specialists with robust growth forecasts.
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Investors in NVIDIA Corporation NVDA need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $10.00 Call had some of the highest implied volatility of all equity optio
Tesla shares dropped about 2% on Wednesday after Wells Fargo raised concerns over the waning impact of price cuts by the world's most valuable automaker on the demand for its electric vehicles and downgraded them to "underweight".
Wall Street had a lackluster start on Wednesday, with the tech-laden Nasdaq bearing the brunt as U.S. Treasury yields rose, while investors awaited more data for clues on the timing of the Federal Reserve's interest-rate cuts.
Wall Street has had a great year so far. Stocks have rallied on renewed optimism that the economy is likely to have a softer landing after the Federal Reserve hinted at multiple rate cuts in 2024.
Wall Street closed sharply higher on Tuesday, led by technology stocks. Inflation numbers came in warm but in line with expectations, thereby calming down investor sentiments. The possibility of a collaboration between two tech be
For Immediate ReleaseChicago, IL – March 13, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fina
Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a strong bull run.
Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as the world's top memory chipmaker seeks to catch up in the race to produce high-end chips used to power artificial intelligence.
Asian shares notched seven month highs on Wednesday, on the back of record peaks on Wall Street, as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won't derail interest rate cuts expected by the middle of the year.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. Stocks rallied after the U.S. CPI report was not as bad as some...
Following their favorable fourth quarter reports last Thursday, DocuSign DOCU and Marvell Technology MRVL are two technology services stocks that are worthy of investors' consideration.
Nvidia (NASDAQ: NVDA) jumped again on Tuesday, adding to its ongoing winning streak this year. The stock gained ground as the trading day wore on and by the time the market closed, the stock was up 7.2%.
Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129.50 on Tuesday as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering (IPO).