JPMorgan has a few key price levels it’s watching on the biggest artificial intelligence stocks in the market. The transition to early fall is a seasonally weak period for U.S. equities that could weigh on technology and growth names. With any swing against bellwether stocks such as Nvidia and Microsoft likely to dampen broad market…
Wall Street is seeing a big revenue opportunity ahead for Amazon after this week’s mega-funding round for Anthropic, an artificial intelligence startup backed by the e-commerce giant. Shares of Amazon jumped more than 3% on Thursday, making it one of the S & P 500’s best-performing stocks of the day. The stock is up more…
Thursday’s stock market followed this week’s pattern: an early selloff followed by a recovery. Nvidia’s latest results helped the send major indexes to about a 0.25% loss early Thursday before the S & P 500 rallied to end the day above 6,500 for the first time. On Monday, stocks sold off but have spent the…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s fiscal second-quarter earnings…
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome Powell , perhaps because he…
The Club’s 10 things to watch Friday, Aug. 22 — Today’s newsletter was written by Portfolio Analyst Zev Fima and Director of Portfolio Analysis Jeff Marks. 1. It’s Fed day. Wall Street will be hyper-focused on what Fed Chair Jerome Powell has to say today during his speech at the central bank’s annual economic symposium…
Retail traders are doing something they haven’t done since June: selling tech stocks. Data complied by JPMorgan strategists showed mom-and-pop investors were net sellers of tech to the tune of about $140 million over the past week. That breaks a two-month long daily buying streak in which retail traders on average bought more than $1…
A Palantir sign at the World Economic Forum annual meeting in Davos, Switzerland, on May 22, 2022. Fabrice Coffrini | Afp | Getty Images If you have any U.S. technology stocks in your portfolio (and let’s face it, who doesn’t?), you might want to look away. For the second day in a row, tech stocks…