Last Thursday, Nvidia (NASDAQ: NVDA) stock jumped 16.4% after the artificial intelligence (AI) chip leader turned in another blockbuster quarterly report. Growth in the fourth quarter of fiscal 2024 (ended Jan. 28) was driven by continued turbocharged demand across industries and
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. Stock indexes this morning are mixed. Higher T-note yields are weighing on the...
Overall, ETFs pulled in $10.3 billion in capital last week, taking year-to-date inflows to $31 billion. U.S. fixed-income ETFs led the way higher with $17.3 billion in inflows, followed by inflows of $14.5 billion from U.S. equity
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the RODM ETF, where 3,500,000 units were destroyed, or a 7.0% decrease week over week.
And on a percentage change basis, the ETF with the big
Technology stocks experienced a robust recovery last year, and nowhere was that more apparent than with the so-called "Magnificent Seven" stocks. These household names were among the top gainers in the Nasdaq Composite in 2023, pulling the tech-heavy index out of its slump and ge
Workday Inc. WDAY reported solid fourth-quarter fiscal 2024 results, with the bottom and the top line surpassing the respective Zacks Consensus Estimate.The company reported revenue growth year over year, driven by solid customer
U.S. stock ended lower on Monday as investors shifted focus from last week’s AI-fueled rally to the key inflation data scheduled for release later this week. All three major indexes ended in negative territory.
For Immediate ReleaseChicago, IL – February 27, 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 f
Fool.com contributor Parkev Tatevosian highlights how Nvidia (NASDAQ: NVDA) has been able to crush the competition in the artificial intelligence market.
ADTRAN Holdings, Inc. ADTN reported soft fourth-quarter 2023 results, wherein both the bottom line and the top line missed the respective Zacks Consensus Estimate. The company recorded a top-line contraction year over year due to
Nvidia's (NASDAQ: NVDA) outstanding surge of 237% in the past year has made it the world's fourth-largest company by market capitalization. The semiconductor giant overtook the likes of Amazon and Alphabet and now sports a market cap of nearly $2 trillion.
For good reason, Nvidia (NASDAQ: NVDA) is the hottest stock on the market. The company is defining artificial intelligence and the shift in data center computing.
The pound was little changed against the dollar after five straight daily gains, but volatility was low as markets awaited U.S. economic data later in the session, which could affect expectations for the Federal Reserve policy path.
AMD (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO) represent very different ways to invest in the secular expansion of the semiconductor market. AMD is the world's second-largest producer of x86 CPUs and discrete GPUs. Broadcom sells a wide range of wireless, networking, optical, data
Nvidia's (NASDAQ: NVDA) blockbuster earnings report last week is fueling more bullishness on Wall Street. HSBC analyst Frank Lee raised their price target on Nvidia to $880, representing 11.6% upside from the stock's latest closing price as of this writing.
Over the past three decades, there's always been a next-big-thing trend to captivate investors' attention. For the moment, nothing is causing more excitement within the investing community than the artificial intelligence (AI) revolution.