Tech Sector Lags Communication Services Despite Super Micro, Nvidia Surge
Over the past six months, the tech sector has been trailing behind communications services.What Happened: The SPDR Select Sector Fund – Technology (NYSE:XLK), which tracks the tech sector, posted a re
Nasdaq 100's Top 10 Performers of H1
Gain Rotation Out of Semis Is Feeding Into Other Parts of the Market - Argus
What's Going On With CrowdStrike Stock Wednesday?
CrowdStrike (NASDAQ:CRWD) stock is trending as of Wednesday morning. The company announced it passed $1 billion in total sales over the course of its partnership with CDW Corporation (NASDAQ:CDW).What
$1000 Invested In This Stock 10 Years Ago Would Be Worth $22,000 Today
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 25.33% on an annualized basis producing an average annual return of 36.03%. Currently, Broadcom has a market capitalization
These Five Stocks in the S&P 500 Now Have the Highest Prices Following Chipotle's Stock Split
AI supply chain revolution: Datacenter network switch market welcomes explosive growth.
Deutsche Bank expects the revenue compound annual growth rate (CAGR) of AI datacenter network switches to reach 55% between 2023 and 2026.
After in-depth investigation of the Taiwan semiconductor supply chain, Morgan Stanley has summarized seven conclusions.
Deutsche Bank believes that the prospects for Nvidia are still optimistic, and AMD's AI business has limited room for growth; the memory market has weak supply and demand, and most of the incremental supply is allocated to HBM.
US stocks closed with the S&P 500 ending a three-day losing streak, while chip stocks made a strong comeback, with Nvidia rising nearly 7%. After hours, Volkswagen's investment in Rivian caused a 46% increase in the stock price.
The Dow Jones Industrial Average fell, ending a five-day streak of gains; growth tech stocks rose together, with Google A rising nearly 2.7% to a new all-time high; the China concept stocks index fell 1.3%, and Bilibili fell nearly 3%.
Smart Money Is Betting Big In PANW Options
Whales with a lot of money to spend have taken a noticeably bullish stance on Palo Alto Networks.Looking at options history for Palo Alto Networks (NASDAQ:PANW) we detected 55 trades.If we consider th
What's Going On With Broadcom Stock On Tuesday?
Broadcom Inc (NASDAQ:AVGO) recently announced significant updates to its VMware Cloud Foundation (VCF), aiming to enhance digital innovation with faster infrastructure modernization, improved develope
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
On CNBC, Stephanie Link Announced Trimmed Broadcom
On CNBC, Stephanie Link Announced Trimmed Broadcom
Guggenheim Reiterates Buy on CrowdStrike Holdings, Maintains $424 Price Target
Guggenheim analyst John Difucci reiterates CrowdStrike Holdings (NASDAQ:CRWD) with a Buy and maintains $424 price target.
CrowdStrike Holdings Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/25/2024 9.46% Guggenheim $424 → $424 Reiterates Buy → Buy 06/21/2024 3.26% Cantor Fitzgerald $400 → $40
Assessing CrowdStrike Holdings's Performance Against Competitors In Software Industry
In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehe
Goldman's Top 50 High Sharpe Ratio Stocks
Goldman Sachs analysts rebalanced their “high Sharpe Ratio” basket, which identifies 50 S&P 500 (SP500) stocks with the highest prospective risk-adjusted returns compared to their sector peers.
US Stock Market Outlook | Federal Reserve Governor Bowman made a heavy statement: no rate cut action is expected in 2024; nvidia rose more than 2% before the market, expected to end the continuous decline.
Janet Yellen's harsh criticism of the US economy: Inflation could drop to the 2% target next year, and there will be no recession. How big is the potential of Apple AI trade-ins? JPMorgan says that a one-year "super cycle" will be hard to replicate, and the industry is more likely to experience "stair-step climbing" over two years.
After the plunge of Nvidia, will it become the next Cisco or Intel?
After the bursting of the internet bubble, the stock prices of Cisco Systems and Intel, which had been riding high, plummeted and have yet to fully recover to their bubble-era highs. The highly similar rise of Nvidia has made many people worry that it will follow the same path as Cisco and Intel.
Market cap evaporates by 430 billion in three days! Nvidia falls into the adjustment range.
On Monday night, Nvidia plummeted by 6.68%, marking the biggest drop in two months, and dragging down the Nasdaq by 1.09%. Chip stocks were hit hard, as well, with the Philadelphia Semiconductor Index dropping by 3.02%. Broadcom, Taiwan Semiconductor, and Qualcomm fell by 3.7%, 3.54%, and 5.5%, respectively. Additionally, Nvidia has fallen for three consecutive days, with a total decline of 12.88%, causing its market cap to shrink by over $400 billion and fall below the $3 trillion mark, ranking third. Last week, Nvidia briefly took the top spot in market cap on the U.S. stock market. Nvidia has fallen from its high point on Thursday.