The Nasdaq Composite pressed higher Thursday, to within just a few points of a fresh closing record, flipping the script on how the technology-heavy index has acted for much of 2021.
Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.
Technology stocks were finishing near their Thursday session highs, with the SPDR Technology Select Sector ETF rising 1.3% in late regular-hours trade while the Philadelphia Semiconductor Index was advancing 1.1% this afternoon.
Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover limited a subdued S&P.
The Nasdaq jumped on Thursday, at one point approaching its lifetime intraday high set in April, as U.S. technology stocks gained on optimism around a speedy economic recovery.
Technology stocks were significantly higher Thursday compared with most other sectors, with the SPDR Technology Select Sector ETF rising 1.1% while the Philadelphia Semiconductor Index was advancing 0.6% this afternoon.
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 217,000 shares traded versus three month average volume of about 48,000. Shares of GRID were off about 1.5% on the day.
NVIDIA (NASDAQ: NVDA) has been ruling the roost in the discrete graphics processing unit (GPU) market, despite the best efforts of Advanced Micro Devices (NASDAQ: AMD) to gain share in this highly lucrative space. And NVIDIA is showing no signs of losing its grip over the graphic
U.S. technology shares jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 subdued.
In 1999, NVIDIA (NASDAQ: NVDA) invented the graphics processing unit (GPU), a chip that revolutionized the gaming industry. Then in 2006, it introduced the CUDA programming model, turning GPUs into general-purpose processors. Together, these innovations transformed NVIDIA into a
U.S. technology shares rose on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 and the Dow indexes subdued.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Growth ETF (Symbol: VUG) where we have detected an approximate $504.1 million dollar inflow -- that's a 0.7% increase week over week in out
Qualcomm's (NASDAQ: QCOM) incoming CEO, Cristiano Amon, recently told The Telegraph his company would be interested in buying a stake in Arm Holdings with a consortium of other investors if regulators block NVIDIA's (NASDAQ: NVDA) $40 billion bid for the chip designer.
In this video, I will be covering AMD (NASDAQ: AMD) stock. The rise of the company since 2015 has been nothing but remarkable, mostly thanks to its CEO Lisa Su. AMD has seen its market value surge to more than $90 billion from about $2 billion since she took over, and recently it
Self-driving truck technology company TuSimple Holdings Inc said on Wednesday it will open a new Texas facility that will enable it to put trucks to work hauling freight on the roads of the southeastern U.S. states within six months.
We're going to take a look at TuSimple (NASDAQ: TSP), which develops self-driving technology for long-haul trucks. This is probably a new name for many investors, as it just held its initial public offering (IPO) on April 15.
The world's largest semiconductor company (as measured by revenue), Intel (NASDAQ: INTC), has not been having a good go of it as of late. The company has fallen behind technologically to leading chip fabrication behemoth Taiwan Semiconductor (NYSE: TSM), and myriad other chip des