Undoubtedly, artificial intelligence (AI) chip company Nvidia (NASDAQ: NVDA) is the toast of Wall Street right now. The stock is up an eye-popping 234% over the past year. It's not without cause: Nvidia's earnings per share grew a blistering 765% year over year in the fourth quar
Taiwan's trade-based economy is expected to grow at a faster clip in 2024 than previously forecast, as export demand for the island's high-tech products begins to recover, the statistics office said on Thursday.
Nvidia (NASDAQ: NVDA) stock has rallied by almost 3.3x over the past 12 months to about $790 per share, taking Nvidia’s market cap near the vaunted $2 trillion mark. There’s a lot of reason for the optimism with Nvidia stock. As the artificial intelligence arms
A global equities index fell slightly on Wednesday while Treasury yields edged down and the dollar rose against a basket of currencies as investors were wary the day before U.S. inflation data that could influence Federal Reserve policy.
U.S. stocks closed slightly lower on Wednesday, a day ahead of a key inflation reading that could heavily influence expectations for the timing of an interest rate cut from the Federal Reserve.
In a far-reaching interview on Monday with CNBC’s Leslie Picker, outspoken JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon addressed the debate over the growing interest in all things artificial intelligence (AI) and whether or not the technology is more hype than substance.
Super Micro Computer (NASDAQ: SMCI) stock is pulling back in Wednesday's trading. The company's share price was down 2.9% as of 3 p.m. ET, according to data from S&P Global Market Intelligence. The otherwise red-hot artificial intelligence (AI) stock had been down as much as
U.S. stocks fell modestly on Wednesday, a day ahead of a key inflation reading that could heavily shape expectations for the timing of an interest rate cut from the Federal Reserve.
This week, the Dow Jones Industrial Average added Amazon to its lineup in a monumental shift for the oldest U.S. stock market index. But based on those same arguments, should the Dow also include AI chip giant Nvidia in its benchmark 30-stock index?
Wednesday, February 28, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corp. (NVDA), Visa Inc. (V) and
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
SoundHound AI (NASDAQ: SOUN) stock lost ground Wednesday morning -- trading 8% lower as of 10:30 a.m. ET, according to data from S&P Global Market Intelligence. The audio-technologies specialist's shares had been down by as much as 14% earlier in the session.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $409.0 million dollar inflow -- that's a 2.7% increase week over week in outsta
Nvidia (NASDAQ: NVDA) invented the graphics processing unit (GPU) in 1999. That innovation has since revolutionized the media and entertainment industry, bringing sensational visual effects to video games, film, and professional design applications. The company's GPUs have also b
Wall Street's main indexes slipped on Wednesday ahead of an inflation reading later in the week that would influence bets on when the U.S. Federal Reserve will start cutting interest rates.
eBay Inc. EBAY reported fourth-quarter 2023 non-GAAP earnings of $1.07 per share, which beat the Zacks Consensus Estimate by 3.9%. The bottom line was flat year over year.Net revenues of $2.6 billion surpassed the Zacks Consensus
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