Nvidia, a leading AI chip maker, has earned the top spot in a recent survey, marking its first year on the list. This accomplishment reflects the company’s growing presence and influence in the AI technology sector. The survey results highlight Nvidia’s impressive performance and solidify its position as a key player in the industry. Article … Read more
Stocks saw a rally on Friday, with the S&P 500 marking its fifth consecutive week of gains. This surge was largely driven by tech stocks, a sector that has been leading the market’s upward momentum since late 2022. The Nasdaq Composite hit a new all-time high on Friday, while the Dow Jones Industrial Average also … Read more
Tech stocks on the Nasdaq 100, including Nvidia Corp., saw a surge to record levels this week, driven by Nvidia’s excellent earnings report. This marked the fifth consecutive week of gains for the Invesco QQQ Trust (QQQ), the longest streak since January. Shares of Nvidia rose over 9% following their first-quarter financial results, which showed … Read more
In the analysis of the top dividend stocks of 2024, Broadcom Inc. (NASDAQ: AVGO) ranked eighth among the Top 10 Dividend Stocks of 2024. The stock market has shown signs of improvement, with the broader partner of the Dow Jones Industrial Average up 11.1% year-to-date, signaling strong performance. Despite this, dividend stocks are still lagging … Read more
Artificial intelligence is no longer a distant dream but a reality that is revolutionizing industries worldwide. From self-driving cars to medical breakthroughs, AI is on the brink of a global explosion, offering lucrative opportunities for smart investors. The exponential growth potential of AI is staggering, with the technology poised to transform various sectors like healthcare … Read more
NVIDIA (Nasdaq: NVDA) recently made a long-anticipated announcement of a stock split on May 22nd, which was accompanied by stellar financial results. Following the news, the company’s stock price surged 9.3% the next day and has seen a 13.5% increase over the past five business days. Investors are now left wondering how other major technology … Read more
IT company HCLTech has announced its plans to acquire specific assets of Hewlett Packard Enterprise Communications Technology Group in a cash deal worth $225 million (approximately Rs 1,874 crore). This agreement will involve the transfer of around 1,500 employees and 700 contractors who specialize in engineering services for the telecommunications industry across several countries, including … Read more
Tech stocks have been a popular choice for investors looking for the next Microsoft (NASDAQ: MSFT). Companies at the forefront of emerging technologies, like artificial intelligence, are seen as having the potential to replicate Microsoft’s success. By examining innovative companies with strong growth potential, investors can identify possible contenders for the tech crown. Here are … Read more
Renowned investor David Tepper has shown a strong interest in artificial intelligence (AI) as all of his top 10 holdings have close connections to AI. However, in the first quarter, Tepper sold shares of Amazon, Alphabet, Microsoft, Meta Platforms, and NVIDIA. He instead opted to buy more shares of Alibaba Group Holding, Oracle, and PDD … Read more
Hewlett Packard Enterprise (HPE) is a tech stock that is often overlooked but has the potential to be a lucrative investment opportunity. The company, which split from Hewlett-Packard in 2015, focuses on providing technological solutions for businesses, unlike its counterpart, HPQ, which primarily sells personal computers and printers. HPE is not part of the well-known … Read more