:max_bytes(150000):strip_icc()/GettyImages-1321540122-8106bd220de44094b72f793c9b53b6c3.jpg?w=1500&resize=1500,957&ssl=1 "Broadcom Reaches New All-Time High Following Stock Split News")
Broadcom (AVGO) shares have reached a new all-time high on Monday, continuing their upward trend after last week’s quarterly earnings report and announcement of a 10-for-1 stock split. Analysts are optimistic about Broadcom’s business outlook, particularly in the artificial intelligence (AI) sector, with the company being considered a top pick for AI investment due to … Read more
Nvidia, a leading technology company, achieved a new record high recently, which has had a significant impact on the S&P 500 and Nasdaq markets. The company’s strong performance has led to positive gains across both indices. This is a noteworthy development in the tech sector, as Nvidia’s success reflects overall market trends and investor confidence … Read more
Wall Street saw a mixed finish on Thursday, with the Dow Jones rising over three-quarters of a percentage point, the S&P 500 slipping a quarter of a percentage point after hitting a record high, and the Nasdaq losing about eight-tenths of a percentage point. Despite some early gains, market leader Nvidia fell 3.5% by the … Read more
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
NVIDIA’s stock has been on the rise, with the consensus price target reaching $200 per share, as per Rosenblatt Securities. This upgrade is driven by the potential of the chipmaker’s new Blackwell, Rubin, and Hopper series chips to capture a larger market share in high-computing. If successful, NVIDIA could potentially reach $5 earnings per share … Read more
Nividia, a leading technology company, played a significant role in driving the S&P 500 to a new record high. The Wall Street Journal reported on this development, highlighting the impact that Nvidia has had on the stock market. The company’s strong performance and positive outlook have contributed to the overall success of the S&P 500 … Read more
Nvidia became the world’s most valuable company, surpassing Microsoft and Apple on Tuesday. The chipmaker’s market value reached $3.34 trillion, ahead of Microsoft at $3.33 trillion and Apple at $3.28 billion. Trading was closed on Wednesday for the Juneteenth holiday, allowing Nvidia to retain its top position for at least a day. Analysts are optimistic … Read more
Oracle Co. (ORCL) saw its stock price reach a new 52-week high after Argus raised its price target from $145.00 to $159.00 with a Buy rating. The stock traded as high as $143.95 and closed at $143.37. Other analysts also gave their feedback on ORCL, with ratings ranging from “overweight” to “buy.” Director Michael J. … Read more
Intel has announced the release of its Intel 3 process, which promises up to 18% better performance with the same power for a full processor core. This new process also offers a flexible set of metal interconnect options and up to 10% higher density than Intel 4. According to Intel, this represents a significant leap … Read more
Hewlett Packard Enterprise (HPE) is experiencing a surge in revenue for the third quarter, driven by a growing demand for AI. The company’s AI-optimized servers, powered by Nvidia hardware, have been a key factor in this success. The CEO highlighted that AI systems revenue doubled from the last quarter, with strong order books and improved … Read more