Broadcom folds: AI business triples in three years | AI dehydration.
In a conference call, Bank of America Merrill Lynch ranked Broadcom as a top AI pick alongside NVIDIA.
ASML Expected To Beat Estimates With Over $5B In Orders During Q2 Thanks To Rising AI Chip Demand
ASML Holding NV (NASDAQ:ASML), the leading supplier of equipment to computer chip manufacturers, is poised to witness a surge in new orders, driven by the escalating demand for AI chips. This
Should we sell Nvidia? Wall Street is very conflicted.
Thanks to its dominant position in the field of AI chips, Nvidia's stock has performed extremely well in recent years. Since the beginning of 2023, the stock price has risen by about 785%, and has risen by about 160% just this year alone. In June of this year, Nvidia briefly became the world's most valuable company. However, last week, due to cooling inflation data causing a large-scale volatility in technology stocks, Nvidia fell by nearly 6% on Thursday, the largest single-day drop in more than two weeks; the Nasdaq 100 index, which is mainly composed of technology stocks, fell by about 2.2%. Analysts believe that increasing competition, changes in supply and demand balance, and overly high valuations may lead to Nvidia's...
Wall Street's most optimistic bullish: How can Apple's stock price reach 300?
Analysts believe that Apple can use generative AI to stimulate device sales, similar to the success it achieved 15 years ago with the iPhone business in the social media frenzy.
Apple Watch's Redesigned ECG Doesn't Infringe AliveCor Patents, Rules US Customs
The U.S. Customs and Border Protection has found that the redesigned Electrocardiography in the Apple Watch does not violate patents held by AliveCor, a medical device company. This ruling further
Nvidia CEO Jensen Huang And Meta's Mark Zuckerberg Set To Discuss Future Of AI And Simulation At SIGGRAPH 2024
The future of AI, simulation, and the role of research in the graphics and technology intersection will be the focus of a public fireside chat between NVIDIA Corp. (NASDAQ:NVDA) founder and CEO
The arrival of a business-end artifact? Microsoft releases SpreadsheetLLM, able to significantly enhance AI capabilities in Excel.
On the 12th, Microsoft released a new large language model, planning to develop a new AI language model - SpreadsheetLLM for spreadsheet applications such as Excel and Google Sheets. Microsoft pointed out in the paper that SpreadsheetLLM, as a new AI model, will be widely used in understanding and processing complex spreadsheet data. SpreadsheetLLM has the potential to change the management and analysis of spreadsheet data, paving the way for more intelligent and efficient user interaction.
Trump Media & Technology Group, Coinbase, Marathon Digital, Apple, Tesla: Why These 5 Stocks Are On Investors' Radars Today
At the close of trading on Monday, U.S. stocks were in positive territory. The Dow Jones Industrial Average gained 0.5%, reaching 40,211.72. The S&P 500 increased by 0.3% to 5,631.22, and the Nasdaq climbed 0.4% to 18,472.57.
Five Things to Know About J.D. Vance, Trump's VP Pick
J.D. Vance is Donald Trump's pick for vice president, the former president announced on Monday afternoon. The senator, who became famous for "Hillbilly Elegy," a memoir about his hometown of Middletown, Ohio, has since blazed a political path for himself as a staunch conservative and Trump ally.
US Stock Futures Rise Amid Trump Speculation, Rate Cut Cheer
U.S. stock index futures rose in evening deals on Monday, extending gains from the session amid increasing optimism over interest rate cuts, while bets on Donald Trump securing a second term also grew.
Dow Rises 200 Points To Close At A Record After Trump Survives Assassination Attempt
The Dow Jones Industrial Average advanced on Monday as investors bet the unsuccessful assassination attempt on former President Donald Trump will lead to big gains for the Republican presidential candidate and the GOP at the polls in November.
The success of the "Trump trade" reboot and its steep curve depends on the Federal Reserve.
Political factors have injected new vitality into one of the most troubled bets for bond traders, but only the Federal Reserve can truly give it a boost.
Goldilocks Scenario Is Taking Shape, Brightening Prospects for Cyclicals: Bank of America
Rate pressure is easing, growth would ultimately be supported by the Fed, and most importantly, earnings are broadening out as the ‘Other 493’ comes out of an earnings recession,” Kwon said.
The Trump Trade
The US markets may have had a mild reaction to the assassination attempt on Donald Trump at a rally in Pennsylvania at the weekend, however, there are long term ramifications for financial markets, particularly in Europe.
Back-to-school Spending Likely to Remain Unchanged This Year
As retailers gear up for the back-to-school (BTS) season, families are faced with another year of high prices and shrinking budgets amid the daunting task of purchasing clothes, shoes, accessories, supplies, and technology for kids from kindergarten through twelfth grade.
Gaming Industry Revenues To Hit $307 Billion By 2027: Analysis
Bain & Company forecasts that global video gaming revenue will grow from $199 billion in 2022 to $307 billion by 2027.This represents a compound annual growth rate (CAGR) of 9%.What's Driving This
Google's 'Poker Move' With Wiz Could Be The Kick Off For Big Tech M&A In 2025: Analyst
As Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly near a historic $23-billion acquisition of cloud security startup Wiz Inc, the move is being touted as a strategic "poker move"
Dow Jones Industrial Average Tests New Record High Before Easing Back on Fedspeak
The Dow Jones Industrial Average (DJIA) rallied into a new all-time peak on Monday, clipping into 40,346.22 before settling back into the day’s opening range near 40,200.00 as markets continue to weigh the odds of a future rate cut from the Federal Reserve (Fed).
Whether Biden or Trump Score White House Control, Tech Stocks Will Be Winners: 22V Survey
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity