US institutional investors survey: Nvidia still the most popular, Broadcom catching up, concerns with Micron, bearish on AMD.
According to Citigroup's survey, with Broadcom acquiring more AI customers and adding value from VMware, it is catching up with Nvidia as the largest holding for investors, while investor sentiment towards Nvidia has cooled down.
What is the ' Trump trade ' exactly? Is the market really sure?
The previously heated "Trump trade" is cooling down, as Wall Street has realized that the impact of the policies promoted by Trump's campaign may be self-contradictory.
CrowdStrike CEO George Kurtz To Testify Before Congress On Faulty Update Causing Global Disruptions
The CEO of CrowdStrike Inc., George Kurtz, has been called upon by a U.S. congressional panel to testify regarding the recent worldwide tech outage.
Amazon Buys Historic Bray Film Studios Known For 'Dracula' And 'The Curse Of Frankenstein'
Amazon.com Inc. (NASDAQ:AMZN) has acquired Bray Film Studios, the former production site for the iconic Hammer horror film series, to expand its UK-based television and film production.What Happened:
Elon Musk Says 'Grok 3 Should Be The Most Powerful AI' Upon Its Release, Gives Timeline For XAI Models Aiming To Beat Gemini, ChatGPT
Tesla and SpaceX CEO Elon Musk has announced the timeline for the chatbot models of his AI company xAI scheduled to be released later this year.What Happened: On Monday, while speaking with Dr.
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Metals & Mining Monitor | General Decline in Metal Prices; BHP Reports Record Iron Ore Production for FY24, Copper Production Rises by 9%
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Notable Earnings After Tuesday's Close
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
Cadence Design Reports Q2 Results, Forward Guidance: Here's The Details
Cadence Design Systems, Inc. (NASDAQ:CDNS) reported its second-quarter financial results Monday. Here's a look at the key figures from the report.
WBD Taps Matching Rights in an Attempt to Stay on NBA Deal
Is the darling of chip stocks changing? Citigroup: Broadcom is catching up with Nvidia.
According to Citigroup analysts, last week's communication with investors revealed that Nvidia is still the most bullish chip stock among investors, with Broadcom close behind due to its acquisition of VMware and gaining more AI customers such as OpenAI. Meanwhile, investors are becoming somewhat tired of Nvidia.
Warner Bros. To Match Amazon's Bid For NBA Rights
Warner Bros. To Match Amazon's Bid For NBA
Tesla Q2 Earnings Preview: Analyst Estimates, Key Items To Watch, Can 'Major Turning Point' In Bull Case Continue?
All eyes could be on Tesla Inc's (NASDAQ:TSLA) non-vehicle segments and political catalysts when the company reports second-quarter financial results after market close Tuesday.Here are the earnings
AnaptysBio Investigational Arthritis Drug Might Have Better Efficacy Profile Than Eli Lilly's: Analyst
HC Wainwright analyst initiated coverage on AnaptysBio Inc (NASDAQ:ANAB), a clinical-stage biotechnology company focused on delivering immunology therapeutics.AnaptysBio has a pipeline of checkpoint
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
The
The S&P 500 Typically Outperforms in July, Underperforms August-October - RBC Capital Markets
Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues
The airline sector was one of the hardest hit by the Microsoft Outage and CrowdStrike (NASDAQ:CRWD) issue on Friday.While the issues have subsided in recent days, one airline may demonstrate its