As the battle for AI supremacy intensifies between the world’s two largest economies, analysts say investors focused solely on U.S. tech stocks risk overlooking a critical hedge hiding in plain sight. In a recent research report, Henry Wu, chief quantitative strategist at Alpine Macro—a firm owned by Oxford Economics—said investors piling into U.S. AI giants…
Shares of Snap Inc. SNAP are trading higher Thursday. The stock is in a strong uptrend. Some analysts attribute the move to the company’s announcement of its new fifth-generation Spectacles and operating system, Snap OS 2.0. ‘Gaps tend to refill’ is an old Wall Street expression, and it’s true. This means that Snap may continue to…
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. Markets rallied sharply this week following Federal Reserve Chair Jerome Powell‘s dovish signals at the Jackson Hole symposium. The S&P 500 and Dow hit record highs as Powell hinted at possible rate cuts…
Nvidia Corp’s NVDA uneasy dance between Washington and Beijing is quickly becoming a market-defining saga for China-focused tech ETFs. The chipmaker is gearing up to ship its new AI chip, likely to be called the B30A processor, next month, according to a Reuters report. This new product will be a China-specific artificial intelligence chip based…
Meta Platforms, Inc. META CEO Mark Zuckerberg once shared his bold vision, indicating that virtual and augmented reality would one day replace mobile phones as the dominant computing platform. Now, nearly a decade later, how close is Meta to achieving that future? What Happened: In a 2015 interview at the Vanity Fair New Establishment Summit,…
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. markets rebounded this week as President Donald Trump softened his stance on trade and monetary policy. He indicated that tariffs on Chinese imports could decrease from the current 145% and affirmed…
Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. AAPL CEO Tim Cook, citing a pattern of “influence-peddling” between the iPhone-maker and the Donald Trump administration over the trade negotiations with China. Amid escalating trade tensions between the U.S. and China, tech bull Dan Ives thinks the time is “ticking” for trade deals as Wall Street reels from the aftermath of a tug-of-war between the world’s…
Even after a powerful rebound after the early-April tariff-driven selloff, Bank of America’s chief investment strategist Michael Harnett says the case for a lasting bull market still depends on a rare trio of conditions that remains out of reach for now. In his regular “The Flow Show” report, titled “Stay BIG, sell rips” and shared…
The U.S. tech sector just walked into a geopolitical buzzsaw, and NVIDIA Corp NVDA may be the first big casualty. As trade tensions ratchet up and tariff policy gets more unpredictable, AI leaders such as Nvidia are getting boxed out of China just as competitors like Huawei prepare to strike. Wedbush Securities analyst Dan Ives…
A new report highlights the growth of several automotive brands, as Tesla Inc. TSLA saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the leading electric vehicle company in…