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Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
In a recent investor letter, Cathie Wood, the CEO of ARK Invest, emphasized the pivotal role of NVIDIA Corp (NASDAQ:NVDA) in the company's performance, despite short-term challenges.What Happened:
Futu Morning News | Powell unexpectedly "dovish"! US stocks reach new highs again; Wall Street has been fully occupied by bulls! Investment banks are shouting that the S&P 500 is expected to rise to 5900 points by the end of the year.
The U.S. stock market continues to hit new highs. Goldman Sachs macro traders are scared and any disappointing profits may face severe punishment. On the eve of the heavy CPI announcement in the United States, the 10-year Treasury auction performed well.
"Congressional stock god" will become history? Senators from both parties in the US Senate seek to ban members of Congress from trading stocks.
A new proposal unveiled by bipartisan Senators on Wednesday proposes to ban Congressional members, their spouses, and minor children from trading individual stocks. If the bill passes, it will require members of Congress to divest from individual stock assets starting from 2027, and violators will be penalized through fines equal to the monthly salary or 10% of the value of each violating asset.
US stock market closes with S&P breaking the historic 5,600 mark, with Tesla rising for the 11th consecutive day, Taiwan Semiconductor, Apple, and Google reaching new closing highs.
The three major US indexes all closed with more than a 1% increase, with the S&P and Nasdaq both rising for seven consecutive days. Tesla's stock rose more than 44% on the 11th day, while Nvidia rose nearly 2.7%, approaching its historical high.
Chasing after Nvidia! AMD acquires AI model developer Silo AI for $0.665 billion in cash.
AMD announced that the Silo AI team will join their AI group, and the current CEO will continue to lead the team.
'Warren Buffett Indicator' Sounds Alarm: Stock Market Levels Now Surpass Dot-Com Bubble, Great Financial Crisis
Few investors have more market experience than Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett, who's seen his fair share of over-extended bull markets. After the Dot-Com Bubble
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.
The Next Breakout Semiconductor Stock? Aehr Test Systems Soars 20% On Strong Revenue Growth, Updated Guidance
The Next Breakout Semiconductor Stock? Aehr Test Systems Soars 20% On Strong Revenue Growth, Updated
S&P Is Racking up Record Highs, but There's 'Defiant' Behavior Beneath the Headline Moves
Benzinga Market Summary: Market Awaits Thursday CPI Data, Baidu Jumps On Reports Of Robotaxi Popularity In China, Samsung Unveils Phones With Google Gemini Integration; AMD Jumps On Silo AI Acquisition
Benzinga Market Summary: Market Awaits Thursday CPI Data, Baidu Jumps On Reports Of Robotaxi Popularity In China, Samsung Unveils Phones With Google Gemini Integration; AMD Jumps On Silo AI
Red-hot Stocks Over the Past the Week Include TSLA, NVDA, AMD, and Others
Samsung Unveils Slate of New AI-powered Galaxy Devices
"Buffett Indicator" warns! Is the US stock market severely overvalued?
Buffett has said that he favors a single indicator that measures the valuation level at any given time.
Nasdaq, S&P, Dow Mixed With Powell Back on the Hill
Bitcoin Mining Stock Iris Energy Is Moving Higher Wednesday: What's Going On?
Shares of Bitcoin (CRYPTO: BTC) mining company Iris Energy Limited (NASDAQ:IREN) are trading higher Wednesday following a positive analyst initiation from Bernstein.What Happened: Bernstein analyst
Here's How Much $100 Invested In Broadcom 15 Years Ago Would Be Worth Today
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 15 years by 23.92% on an annualized basis producing an average annual return of 36.59%. Currently, Broadcom has a market
Opinion | "The Seven Giants" dominating the US stock market is neither the only nor will it be forever.
Every decade has its own champion who dominates the market, and these "top dogs" are eventually dethroned.
AI Wave: Tech Remains Top-rated Quant Pick as Q2 Earnings Near
AMD Announces Deal to Acquire Silo AI for $665M
AMD Shares Are Trading Higher After the Company Announced the Acquisition of Silo AI.
AMD Shares Are Trading Higher After the Company Announced the Acquisition of Silo AI.