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.
Earnings Summary: NXP Semiconductors Q2 EPS In-line; Current Quarter Forecast Below Estimates
NXP Semiconductors Non-GAAP EPS of $3.20 In-line, Revenue of $3.13B Beats by $10M
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.
Peering Into Monolithic Power Systems's Recent Short Interest
Monolithic Power Systems's (NYSE:MPWR) short percent of float has risen 16.31% since its last report. The company recently reported that it has 1.78 million shares sold short, which is 4.92% of all
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
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