The technology sector has been grabbing attention this year on continued artificial intelligence (AI) boom and strong corporate earnings. The ultra-popular Select Sector SPDR Technology ETF XLK has gained 6.8% so far this year.Whi
Shares of SoundHound AI (NASDAQ: SOUN) rose 347% in February, according to data from S&P Global Market Intelligence. You didn't misread that -- the voice-control and audio analytics expert more than quadrupled its stock price last month.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes this morning are seeing support from a decline in the 10-year...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $4.1 billion dollar inflow -- that's a 1.6% increase week over week in outstanding un
Investors have piled into Nvidia-focused exchange-traded funds (ETFs) this year on the frenzy around AI, with inflows into a bullish fund that tracks the shares of the chip designer hitting an all-time high on Wednesday.
Viasat Inc. VSAT recently launched an enticing residential Internet service plan called Viasat Unleashed. The simplified plan offers unlimited high-speed data with consistent connectivity. Its built-in WIFI effortlessly connects h
Wall Street's main indexes gained on Thursday ahead of more commentary from Jerome Powell after the Federal Reserve chair stuck to the script overnight by saying the central bank still expects to cut rates later this year.
Lit. On fire. Absolutely red-hot. These are all ways to describe Nvidia (NASDAQ: NVDA); the superstar stock has everyone talking. Of course, the big question is: Can Nvidia's stock keep sizzling, or is it about to fizzle out?
Wall Street was set to open higher on Thursday ahead of more economic data and commentary from Jerome Powell after the Federal Reserve chair stuck to the script overnight by saying the central bank still expects to cut rates later this year.
The semiconductor market has recovered steadily over the past few months and sales are up from the year-ago levels. Soaring demand from many industries has been driving sales lately after a difficult first half of 2023.
International Business Machines Corporation IBM recently took a leap forward in its alliance with Riyadh Air to enhance travel experiences, harnessing the power of IBM Consulting's expertise in AI, technology and operations.Headqu
Cloudflare, Inc. NET has unveiled a groundbreaking solution, Magic Cloud Networking, designed to simplify and secure multicloud environments for businesses. This initiative marks Cloudflare's strategic move into the multicloud net
Salesforce CRM has unveiled a game-changing suite of tools at the TrailblazerDX event called Einstein 1 Studio. This innovative suite is poised to revolutionize artificial intelligence (AI) customization for Salesforce admins and
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The Q4 earnings cycle has primarily finished, with most S&P 500 companies already reporting. It’s been a positive period, underpinned by the Technology sector’s strong performance. On the other hand, the Energy sector has been
Wednesday, March 6th, 2024Market indices closed off session highs today, but the four majors all finished in the green, nevertheless. A nice kickstart in the pre-market launched all four well above Tuesday’s closing levels, but th
Bank of America expects its investment banking revenue to rise by 10% to 15% in the first quarter from a year earlier, joining rivals who have recently turned more optimistic.
Nvidia (NASDAQ: NVDA) shares have soared more than 250% over the past year as the technology company reported triple-digit growth in earnings -- and these measures reached record levels. What's driven Nvidia's success? The company's dominance in the area of artificial intelligenc