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The S&P 500 posted a record high close on Friday for the first time in two years, fueled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.

Friday, January 19, 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 Microsoft Corporation (MSFT), The Procter &

A pair of scientists at Google's artificial intelligence subsidiary DeepMind is in talks with investors to form an AI startup in Paris, Bloomberg News reported on Friday, citing people familiar with the conversations.

The S&P 500 surged to an intra-day record high on Friday for the first time in two years, fueled by gains in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.

Hopes for lower interest rates and resilient growth in 2024 took the S&P 500 stock index to a record high on Friday, after two roller-coaster years featuring soaring inflation, tumult in the banking industry and economic unease.

The S&P 500 hit an intra-day record high on Friday for the first time in two years, powered by gains in chipmakers and heavyweight technology stocks on optimism around artificial intelligence (AI).

With Wall Street closed Monday for Martin Luther King Jr. Day, stocks had fewer sessions to turn around their sour start to 2024. However, equities were pressured early amid a rising Treasury yield market and comments from Federal Reserve Governor Christopher Waller that implied

Alphabet GOOGL is leaving no stone unturned to expand its presence in the United Kingdom.This is evident from Google’s latest investment plans for its U.K. data center, in which it intends to infuse $1 billion. The move follows Al

OpenAI CEO Sam Altman plans to use the billions of dollars he is trying to raise for a chip venture for setting up a network of factories that will manufacture semiconductors, Bloomberg News reported, citing several people with knowledge of the plans.

U.S. stocks rose on Friday, with the benchmark S&P 500 on course to closing at its highest level, powered by strength in chip and megacap stocks, as investors parsed corporate earnings and watched for clues on whether interest-rate cuts were imminent.

Amazon AMZN is continuously making solid efforts to bolster its presence in the cloud computing space of the Asia-Pacific (“APAC”) region.This is evident from Amazon Web Services’ (“AWS”) latest investment plans in Japan. The comp

Wall Street's main indexes climbed on Friday, driven by strength in chip and megacap stocks, while investors remained vigilant about ongoing corporate earnings and any hints on the timing of rate cuts.

The so-called "Magnificent Seven" stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms META — had a stellar 2023. The solid trend has continued with the start of 2024 on the

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Wall Street's main indexes were set to open higher on Friday as chip and megacap stocks continued their rise, while investors kept a close watch on ongoing corporate earnings and any hints about the timing of rate cuts.

Microsoft, Meta, and Nvidia: Why these three tech Stocks are poised for big gains in 2024

Below is Validea's guru fundamental report for MICROSOFT CORP (MSFT). Of the 22 guru strategies we follow, MSFT rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental moment

U.S. stock index futures climbed on Friday, as chip and megacap stocks continued their ascent, while the ongoing corporate earnings season and hints on the timing of interest-rate cuts dominated investors' watch list.