Several technology stocks that investors dumped over the past week could now be primed for a comeback, according to one popular momentum indicator. Even with Friday’s stock market gains, all the three major U.S. indexes suffered a losing week. The S & P 500 dropped nearly 2%, a fraction more than the 30-stock Dow Jones…
Check out the companies making headlines in midday trading: Nvidia — The chipmaker fell nearly 2%, reversing earlier gains after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. As Nvida’s stock faltered a number of other AI trades fell as well including Palantir…
Check out the companies making headlines in after-hours trading. Nvidia — Shares of the chipmaker rose more than 6% in extended trading on the back of better-than-expected third-quarter results . Nvidia earned $1.30 cents per share, excluding items, on $57.01 billion in revenue. Analysts polled by LSEG had expected $1.25 cents per share in earnings…
Stocks such as Palantir Technologies , Taiwan Semiconductor Manufacturing and Super Micro Computer are among the names most correlated to Nvidia’s post-earnings fate. Graphics processing unit maker and artificial intelligence poster child Nvidia next reports earnings after the market closes on Wednesday. LSEG consensus shows that analysts estimate Nvidia will earn $1.25 per share, which…
This week’s sell-off in technology and AI-related stocks opened the doors to a host of buying opportunities, according to one popular technical metric. Each of the major U.S. indexes on Thursday suffered their worst day in over a month as investors continued to rotate out of the market’s biggest technology stocks, reflecting concerns about elevated…
Technology’s tough week may come with a silver lining: an attractive buying opportunity, according to Fundstrat. Technical strategist Mark Newton noted that tech stocks are now at prices suitable for investors to buy the dip. “It looks too early to give up on Technology,” Newton wrote Thursday night in a note to clients. “Despite the…
A trader works at the New York Stock Exchange on Nov. 3, 2025. NYSE This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shock value Stocks sold off yesterday amid investor concerns about the valuations of…
A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. November…