Advanced Micro Devices (AMD) late Tuesday beat Wall Street’s targets for the fourth quarter and guided higher than views for the current period. But AMD stock fell in extended trading. The fabless chipmaker earned an adjusted $1.09 a share on sales of $7.66 billion in the December-ended quarter. Analysts polled by FactSet had expected AMD…
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong week to start President Donald Trump’s return to the White House, though Friday saw tech-led losses. Many leading stocks flashed buy signals or extended runs. Magnificent Seven stocks Tesla (TSLA), Meta Platforms (META),…
Dow Jones futures fell modestly early Thursday amid mixed UnitedHealth (UNH) results while S&P 500 futures and Nasdaq futures rose slightly as Nvidia chipmaker Taiwan Semiconductor (TSM) lifted techs. Bank of America (BAC) and Morgan Stanley (MS) topped views. The stock market rally had a strong Wednesday, fueled by a surprise drop in core CPI…
Broadcom Broadcom AVGO $1.41 0.62% 25% IBD Stock Analysis Stock with support at 21-day after big earnings gap AVGO trying to break short downtrend near 237 Volume running above average Composite Rating Industry Group Ranking Emerging Pattern Double Bottom * Not real-time data. All data shown was captured at 11:25AM EST on 01/16/2025. Broadcom (AVGO)…
Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, on Thursday beat analyst estimates for the fourth quarter, thanks to strong sales of advanced chips for artificial intelligence applications. TSM stock jumped on the news. ↑ X NOW PLAYING This Method Helps Find Stocks That Outperform The Market Over Years The company, better known as…
Major indexes caught their breath in the stock market today, accepting small losses after galloping strongly the prior session, sparked by an encouraging report on U.S. consumer prices. Meanwhile, Taiwan Semiconductor (TSM) and Broadcom (AVGO) led the upside after the former announced solid quarterly revenue. Taiwan Semi — one of the largest tech firms in…
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor (TSM), UnitedHealth (UNH), Bank of America (BAC) and Morgan Stanley (MS) are on tap early Thursday. The stock market rally had a strong session, fueled by a surprise drop in core CPI inflation and positive…
The news media is too focused on small moves in Nvidia (NVDA) stock when it should be considering longer-term trends, a Wall Street analyst says. “Does it feel like the press/media talk and write about the daily stock moves in Nvidia a wee bit too much? Like they believe there is always some new story…
Investment bank Morgan Stanley on Friday issued a bullish report on artificial intelligence chipmakers, calling Nvidia (NVDA) stock a top pick for 2025. The firm also raised its price targets on AI chip stocks Astera Labs (ALAB), Broadcom (AVGO) and Marvell Technology (MRVL), all of which it rates as overweight, or buy. It kept its…
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) dived late on weak guidance, bad news for the chip sector. The stock market rally sold off Wednesday, even though the Federal Reserve cut interest rates and signaled two more cuts in 2025. The Dow Jones plunged…