Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Retail sales data is on tap Friday after two big inflation reports. Warren Buffett’s Berkshire Hathaway (BRKB) revealed portfolio moves. The stock market rally fell back modestly on the major indexes, with small caps again leading the decline. Federal…
ASML (ASML) stock rallied Thursday after the European semiconductor equipment leader provided reassuring long-term guidance at an investor event. The Netherlands-based company reiterated its 2030 goal of annual revenue between 44 billion and 60 billion euros with a gross profit margin between 56% and 60%. By comparison, it expects 2025 revenue of 30 billion to…
The U.S. has ordered Taiwan Semiconductor Manufacturing (TSM) to halt shipments of advanced chips to China in the latest move to curb exports of key U.S. technologies that could have military applications. TSM stock fell on Monday. Reuters reported Saturday that the U.S. Commerce Department told Taiwan Semiconductor, better known as TSMC, to stop shipping…
Nvidia (NVDA) stock received price-target increases Monday from two Wall Street analysts who gushed about the chipmaker’s opportunity in artificial intelligence. Melius Research analyst Ben Reitzes reiterated his buy rating on Nvidia stock and raised his price target to 185 from 165. ↑ X NOW PLAYING Party Like It’s 1999? How To Play The Bullish…
Tesla (TSLA) vaulted back above a $1 trillion market cap on Friday as part of massive run fueled by Donald Trump’s election victory. But it’s not the only giant to recently rejoin that exclusive club. Nvidia (NVDA) chipmaker Taiwan Semiconductor (TSM) is back above that level. Meanwhile, Warren Buffett’s Berkshire Hathaway (BRKB) continues to trade…
Although Nvidia (NVDA) has just broken out to notch a record high, the artificial intelligence giant once again failed to make the latest list of new buys by the best mutual funds. But these top money managers went all in on a rival AI play: Broadcom (AVGO). And as shares of Nvidia climb to the…
The rapid rise of generative AI has made a household name out of chipmaker Nvidia (NVDA). But growing investment in the underlying infrastructure to power AI data centers has also provided a boost to the more under-the-radar stocks, led by Vertiv Holdings (VRT). ↑ X NOW PLAYING How This Cybersecurity Leader Plans To Combat The…
Stocks closed off session highs Friday but still climbed to record highs. Small caps led while the Nasdaq composite lagged the stock market today amid weakness in tech and internet stocks. The Dow Jones Industrial Average rose 0.6%. In its first day in the industrials, Nvidia (NVDA) fell 1.5%. Nvidia replaced Intel (INTC) on the…
The stock market rally suffered sharp losses on Thursday, pushing the major indexes to or below key levels following generally weak reactions to tech titans’ earnings, including Microsoft (MSFT). preelection concerns might also be playing a role, along with Treasury yields pushing up on key levels. But stocks bounced somewhat on Friday, buoyed by Amazon.com…
Intel (INTC) late Thursday posted a larger-than-expected loss for the chipmaker’s third quarter on sales that were slightly above views. Intel stock jumped in extended trading as its fourth-quarter outlook was better than feared. The Santa Clara, Calif.-based company lost 46 cents a share on sales of $13.28 billion in the September quarter. Analysts polled…