and IBM stock is down 0.5% in trading today. Despite this small decline, the stock is still performing well overall. IBM is an established company with a long history and a strong presence in the technology sector. Investors should not be overly concerned about this slight drop in stock price. IBM has a history of … Read more
Intel has officially announced that their upcoming Arrow Lake 800 series motherboards will no longer support DDR4 memory, opting instead for the newer DDR5 standard. This decision marks a significant shift in the industry as DDR4 has been the go-to memory choice for several years. The move to DDR5 signifies Intel’s commitment to staying ahead … Read more
International Business Machines Co. (IBM) saw a 0.7% dip in its stock price on Wednesday, trading at $171.34 after reaching a low of $170.41. The trading volume was significantly lower than usual, with only 462,896 shares changing hands compared to the average volume of 4,564,146 shares. Analyst reports have varied, with some upgrading IBM to … Read more
Nvidia’s shares experienced a significant drop on Monday, marking one of the worst losses in years for the AI technology giant. The stock fell over 5% to around $120, reaching its lowest price since its 10-for-1 stock split in June. This decline followed previous drops of 3.5% and 3.2% on Thursday and Friday, bringing the … Read more
This year’s stock market rally has been driven by a small group of tech giants, and experts believe this is a result of the AI theme rather than a negative aspect. The director of the BlackRock Investment Institute, Jean Boivin, stated that this phenomenon is not a defect, and they continue to be overweight on … Read more
Broadcom, a leading semiconductor company, has recently experienced a significant decline in its market capitalization. The company’s value has dropped by an amount equivalent to Boeing, a major aerospace manufacturer, during a five-session slump in the market. This concerning trend has raised questions about Broadcom’s performance and future prospects in the competitive tech industry. The … Read more
Global stock markets were in the red on Tuesday as Nvidia’s sharp slump continued, causing the FTSE 100 and European stocks to dip. The chipmaker has lost over $550bn off its valuation since being named the world’s most valuable company last week. This rotation away from technology stocks also impacted the S&P 500, which was … Read more
NVIDIA (NVDA) shares experienced a 6% drop on Monday, closing at $118.11 per share as investors shifted away from the AI powerhouse. This marked the third consecutive day of losses for the chip giant, with the stock down over 12% from its all-time high of $135.58 last week. While momentarily surpassing Microsoft (MSFT) to become … Read more
The value of AI tokens has seen a significant increase while NVIDIA’s market cap has dropped by 13%. This shift in the market reflects a growing interest in AI technology and its potential for growth. The rise in AI token value indicates a surge in investor confidence, with many individuals seeking to capitalize on the … Read more
:max_bytes(150000):strip_icc()/AVGOChart-a9981fc4eefa4147b0b61d8e5f979097.gif?w=1500&resize=1500,597&ssl=1 "Broadcom Stock Drops as Momentum Shifts – Important Price Levels to Monitor")
Broadcom shares fell nearly 4% on Monday, along with other chipmakers, as investors booked profits in top-performing stocks riding the AI wave. Momentum shifted last Tuesday with a new high followed by a sell-off, evident in three red bars with high volume. Key retracement levels to watch are $1,410, $1,225, $1,150, and $1,000. Look for … Read more