U.S. stock indexes fell in afternoon trading after reaching record highs earlier in the day, with the S&P 500 briefly surpassing 5,500 before losing about 0.3%. Nvidia, which recently became the most valuable public company in the world, saw its shares drop more than 4%. The tech-heavy Nasdaq Composite also fell 0.8%, while the Dow … Read more
Small and mid-cap growth stocks are experiencing high expectations that may lead to disappointments this earnings quarter, as seen with Nutanix, a company specializing in hybrid and private cloud deployments. Despite strong fiscal Q3 results, a weak Q4 outlook caused the stock to drop more than 25%, bringing the YTD gains to 20%. Nutanix has … Read more
Super Microcomputer, listed on the NASDAQ as SMCI, experienced a 3% drop in its share price on Thursday’s trading session, despite an initial 11.3% increase at the beginning of the day. This decline came after NVIDIA, another NASDAQ-listed company, released strong first-quarter results, which initially boosted investor interest in Supermicro. Supermicro is a server specialist … Read more
Investing.com — Shares in Broadcom (NASDAQ:AVGO) dipped in premarket U.S. trading on Friday, as investors noted that the semiconductor group did not raise its full-year guidance target despite posting better-than-expected fiscal first-quarter… Source link
Investing.com — Shares in Broadcom (NASDAQ:AVGO) dipped in premarket U.S. trading on Friday, as investors noted that the semiconductor group did not raise its full-year guidance target despite posting better-than-expected fiscal first-quarter… Source link