AI continues to rule the technology roost. Artificial intelligence standout Broadcom (AVGO) soared 24.4% Friday to its latest all-time high. That won Broadcom, an Nvidia rival, a spot on two of IBD’s best stock watchlists, the flagship IBD 50 and Big Cap 20. Additionally, other top-rated stocks also earned a spot on various IBD watchlists…
Salesforce (CRM) stock was upgraded by analysts who cited the buzz around the tech giant’s AI tool, Agentforce. The new Salesforce platform enables businesses to create and deploy AI tools for a range of tasks like sales, marketing and customer support. “The positivity around the launch of Agentforce is palpable with customers and with partners,”…
CoreWeave, the cloud computing services startup backed by Nvidia (NVDA) and private equity firms, could finally be the generative artificial intelligence startup that goes public with a bang. The company recently turned to top Wall Street bankers as it prepares for a 2025 initial public offering. Another big issue for investors is how much Nvidia…
Data center operators appear to be sticking with Super Micro Computer (SMCI) as the AI server maker deals with issues related to its accounting and financial reporting. Meanwhile, many investors are giving up on SMCI stock. In a client note Tuesday, JPMorgan analyst Samik Chatterjee said Supermicro’s business remains “robust” and that customers are staying…
The timing of Oracle‘s (ORCL) upcoming fiscal Q2 earnings report couldn’t be better. Breadth has broadened out as the major stock indexes trade near all-time highs, while several software stocks, including Oracle stock, have maintained their market leadership. ↑ X NOW PLAYING Using Options To Find Stocks In Any Market Condition Software stocks rallied en…
Dow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong Wednesday, with all the major indexes hitting fresh highs on strong earnings from Salesforce.com (CRM), Marvell Technology (MRVL) and other techs. Software in particular was strong. ↑ X NOW PLAYING Tech Earnings Lift…
Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Dow giant Salesforce.com (CRM) led generally strong earnings after the close. The stock market rally had a quiet Tuesday. The Nasdaq hit a fresh high while the Dow Jones and Russell 2000 fell. Meta Platforms (META) broke out in strong volume….
Small caps lagged in the stock market Tuesday, but several growth stocks outperformed once again below the surface. One of them was Leaderboard stock Meta Platforms (META), which cleared a flat base with a 602.95 buy point in higher volume. The Russell 2000 small-cap index slipped 0.7% and looks poised for a test of the…
The stock market rally continued to advance, with the Dow Jones, S&P 500 and Russell 2000 all hitting record highs, shrugging off Donald Trump tariff threats, some weak tech earnings, and struggles for Nvidia (NVDA). Treasury yields fell sharply, lifting homebuilders. Bitcoin tumbled from just below $100,000 on Nov. 22, but slashed losses by Friday….
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. CrowdStrike (CRWD) headlined a busy Tuesday night earnings lineup. The stock market rally saw modest gains on the major indexes Tuesday, with the Dow Jones and S&P 500 hitting fresh highs. That’s despite President-elect Donald Trump vowing big new…