Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. And most of them boasted solid gains in the final month of 2024. ↑ X NOW PLAYING Nasdaq Hits Fresh High; Credo Tech, Meta Platforms, Emcor In Focus Due…
Meta Platforms (META) broke out of a flat base and is in a buy zone. The Facebook parent climbed to a record high. The stock started to climb after Meta Platforms CEO Mark Zuckerberg met with President-elect Donald Trump on Nov. 27 at Trump’s Mar-a-Lago home. The Magnificent Seven stock ranks No. 1 out of…
The Dow Jones Industrial Average fell in early trades Tuesday while other major indexes were little changed. Apple (AAPL), Meta Platforms (META) and Nvidia (NVDA) hovered near buy points, but Tesla (TSLA) fell on its China deliveries in the stock market today. Dow industrials traded 0.2% lower, but the S&P 500 was unchanged after rising…
Stock market bears proved to remain in short supply Monday, with some key indexes refreshing their new-high marks to kick off the final month of trading in 2024. The Nasdaq composite clearly led with a 1% lift to 19,403, ending not far from its session high of 19,436 and at an all-time closing high. At…
The Dow Jones Industrial Average and the other major indexes increased gains around the lunch hour during Friday’s abbreviated trading session. Dow Jones component Nvidia (NVDA) recouped Wednesday’s losses while a connectivity stock soared ahead of earnings on the stock market today. Nvidia stock was added back to IBD SwingTrader. The Dow Jones notched a…
The Dow Jones Industrial Average and other major indexes reversed lower Wednesday as the postelection Trump rally sputtered ahead of the Thanksgiving holiday. One factor impacting the stock market today was the release of the Fed’s preferred inflation gauge for October. Dow stocks traded near session lows in afternoon trades. Blue chips fell 0.3%, on…
The stock market ended higher in the final week before Thanksgiving. Now more inflation data and the latest Federal Reserve minutes are due. The Nasdaq composite flirted with negative territory before rallying to end Friday up 0.2%. This allowed the tech-heavy index to post a weekly gain of 1.7% and put it back above its…
Bulls remained in control of blue chips midday Friday as the Dow Jones Industrial Average marched higher, adding another 280 points, or 0.6%. Other indexes were mixed on the stock market today. The S&P 500 trimmed its gains to 0.2% but the tech-weighted Nasdaq traded unchanged. Both indexes are holding support at their 21-day exponential…
Nvidia (NVDA) stock wavered Thursday as investors considered quibbles with the AI chipmaker’s beat-and-raise earnings report. The Santa Clara, Calif.-based company late Wednesday reported better-than-expected results for its fiscal third quarter but its sales guidance for the current period was only modestly above views. Nvidia stock fell in after-hours trading following the Q3 report. ↑…
Nvidia (NVDA) stock fell Monday following a news report that the AI chipmaker is struggling with overheating issues with its next-generation Blackwell processors when installed in high-capacity server racks. The Information reported Sunday that Nvidia has had to redesign server racks several times to overcome the overheating problems. Word of the repeated design changes has…