Stock splits have historically shown strong outperformance compared to the S&P 500, with companies typically seeing a 25.4% increase in stock price in the 12 months following a split announcement. NVIDIA recently announced a 10 for 1 stock split and has seen a 43% increase in its stock price, outperforming the S&P 500’s 3% gain. … Read more
Top billionaire money managers have been active in the AI space, with some notable changes in their portfolios highlighted in the recent Form 13F filings. While some investors have reduced their holdings in Nvidia, others have opted to build positions in AI-focused stocks. Nvidia, a leader in AI-powered GPUs, saw prominent investors like Philippe Laffont … Read more
Investors will be keeping a close eye on several key stocks as trading begins on Monday. One stock to watch is Autodesk, a software company that has seen strong growth in recent months. Analysts are optimistic about the company’s prospects and believe that it could continue to perform well in the coming weeks. Another stock … Read more
US stock futures are trading mixed on Thursday morning, with investors keeping an eye on several key companies: Darden Restaurants, Inc. (DRI) is expected to report quarterly earnings of $2.62 per share on revenue of $2.98 billion before the opening bell. Darden shares rose 0.7% to $153.00 in after-hours trading. KB Home (KBH) posted better-than-expected … Read more
Broadcom (NASDAQ:AVGO) saw a significant rise in its stock price on Monday, jumping as much as 4.9% and maintaining a 3.67% increase by midday. This surge was attributed to growing optimism on Wall Street ahead of its upcoming stock split, following last week’s strong financial results and unexpected stock split announcement by the company. Analysts … Read more
The volatility and uncertainty of the stock market can be challenging for investors. While FAANG stocks were once seen as a safe haven, divisive stocks have become more popular in recent years. Stock splits are a way for companies to adjust their share price and number of shares without affecting market capitalization. There are two … Read more
The Technology Select Sector SPDR Fund (XLK), managed by State Street Global Advisors, is increasing its exposure to Nvidia by purchasing about $10 billion in Nvidia shares. This move comes after Nvidia surpassed Microsoft to become the world’s most valuable company. The changes in the fund’s holdings are being made to align with pending changes … Read more
Investors looking for attractive chip stocks to buy may want to consider NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) as they dominate the AI chip space and are positioned as leading investments. However, there are other good chip stocks to invest in, such as Semiconductor Manufacturing in Taiwan (NYSE:SST), Qualcomm (NASDAQ:QCOM), NXP Semiconductors (NASDAQ:NXPI), and … Read more
Investors face a tough choice between investing in Nvidia and Super Micro Computer, two technology stocks that have been performing exceptionally well in the current artificial intelligence (AI) boom. Nvidia, a leader in the AI chip market, saw its revenue soar by 262% in the first quarter of fiscal 2025, with projections indicating further growth. … Read more
Major technology companies have reported strong quarterly results due to the widespread adoption of AI-driven technologies, with Microsoft and IBM leading the charge in this sector. Microsoft saw significant revenue growth in its cloud-based services, driven by the integration of AI capabilities, resulting in double-digit increases across various business segments. The company’s strategic focus on … Read more