Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a significant reshuffling of the Dow Jones Industrial Average (DJI),… Article Source https://tokenist.com/nvidia-set-to-replace-intel-in-dow-jones-industrial-average-intc-down-50-in-2024/
Three major technology and manufacturing stocks are experiencing significant price movements and developments attracting investor attention. International Business Machines (NYSE: IBM), NVIDIA Corporation (NASDAQ: NVDA), and Packaging Corporation of America (NYSE: PKG) are under scrutiny in the market. IBM saw a 2.24% rise following Goldman Sachs’ Buy rating and $200 price target due to its … Read more
Intel Corporation has made significant progress in its semiconductor manufacturing capabilities with the Intel 3 process technology. This advancement has led to positive movement in Intel’s stock, with shares up 1.89% on the day. The Intel 3 process has achieved high-volume production at Intel’s facilities in Oregon and Ireland, offering improved performance, power consumption, and … Read more
Broadcom announced a 10-for-1 stock split, following Nvidia’s lead. Stock splits are gaining popularity to attract shareholders. Broadcom focuses on innovation and outsourcing chip designs. The company’s revenue split between infrastructure software and semiconductor solutions bodes well for its shareholders. In its latest earnings report, Broadcom exceeded EPS estimates and reported increased non-GAAP net income … Read more
Hewlett Packard Enterprise, Broadcom Inc., and Super Micro Computer have seen their shares rise in today’s trading session, drawing attention from investors and analysts. HPE’s stock hit an all-time high after reporting strong AI server sales and a $3.1 billion order book. Broadcom is expected to beat earnings estimates, with a history of surpassing consensus … Read more