Elon Musk Hails Nvidia CEO Jensen Huang's Work Ethic And Humble Start At Denny's: 'Absolutely The Right Attitude'
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk lauded Jensen Huang, the CEO of NVIDIA Corp (NASDAQ:NVDA), for his humble beginnings and strong work ethic.What Happened: Musk took to X on Sunday to commend Huan
Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company: '...Which Silicon Valley Doesn't Even Know Much About Anymore'
Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp. (NASDAQ:NVDA), and ChatGPT
SK Hynix Plans to Invest Nearly $75B by 2028 in Chips Amid AI Frenzy - Report
Nvidia Partner Lambda Labs In Talks To Raise $800M To Expand AI Infrastructure And Meet Soaring Demand For GPUs And Cloud Services
In a bid to capitalize on the surging demand for AI computing, Lambda Labs, a Silicon Valley startup, is in discussions to raise an additional $800 million.What Happened: The proposed funding would si
S&P 500 Ends First Half Shy Of All-Time Highs. Here Are The Leaders And Laggards — And 5 Stocks That Could Outperform In Next 6 Months
The stock market is up solidly this year, thanks to expectations of rate cuts by the Federal Reserve amid easing inflationary pressure, strong corporate earnings and optimism over the potential of art
Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 - June 29): Are These In Your Portfolio?
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?Walgreens Boots Alliance, Inc. (NASDAQ:WBA) shares tumbled 24.12% after the company reported mixed Q3
NVDA and FSLR Lead the Charge for S&P 500 Information Technology Ahead of Q2 Earnings
The information technology sector, which consists of stocks including Nvidia (NVDA), First Solar (FSLR), and Apple (AAPL) led the pack among the S&P500 sectors with the highest second-quarter growth.
Notable Analyst Calls This Week: Nike, Micron and FedEx Among Top Picks
Top S&P 500 Gainers and Losers of Q2
After CoreWeave, it is Lambda, a major new AI cloud player that has raised a lot of money, with a constant supply of nvidia GPU ammunition.
With the vigorous development of generative AI, the demand for computing infrastructure that supports its operation is soaring. This trend is driving the rapid growth of the cloud computing market, while also intensifying market competition. Traditional cloud computing giants and emerging professional computing leasing companies are engaging in a fierce game. The computing leasing star is expanding rapidly. According to media reports on Saturday, Lambda Labs, a computing leasing company supported by Nvidia, is in talks to raise $800 million and is expected to become one of the largest start-ups in Silicon Valley's financing in recent years. In February of this year, the company successfully raised $320 million at a valuation of $1.5 billion.
S&P 500's YTD Gain Is Not Justified, Says JPM's Kolanovic in Backing 4,200 Year-end Call
Inflation Reaches Over 3-Year Lows, Rate Cuts Are Getting Closer, Trump Dominates Debate: This Week In The Market
The Federal Reserve's most closely monitored inflation measure — the Personal Consumption Expenditure price index — reached its lowest level since March 2021 in May, registering an annual rate of 2.6%
$100 Invested In Micron Technology 20 Years Ago Would Be Worth This Much Today
Micron Technology (NASDAQ:MU) has outperformed the market over the past 20 years by 3.57% on an annualized basis producing an average annual return of 11.8%. Currently, Micron Technology has a market
S&P 500, Nasdaq Slip From Records as Apple's Decline Offset Nvidia's Gain | Market Story
The S&P 500 slipped modestly Friday after touching a fresh intra-day record as investors assess whether the latest signs of slowing inflation could help convince the U.S. Federal Reserve to start cutting interest rates in the next few months.
Decoding ASML Holding's Options Activity: What's the Big Picture?
Deep-pocketed investors have adopted a bullish approach towards ASML Holding (NASDAQ:ASML), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unvei
The Top 15 Contributors to EPS Growth for the Second Quarter - UBS
10 Information Technology Stocks Whale Activity 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 scan
This Is What Whales Are Betting On Applied Mat
Investors with a lot of money to spend have taken a bullish stance on Applied Mat (NASDAQ:AMAT).And retail traders should know.We noticed this today when the trades showed up on publicly available opt
Huge Post Debate Uncertainty For Investors, New Data On Fed's Favorite Inflation Gauge And Personal Spending
To gain an edge, this is what you need to know today. PCE Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX).
As inflation cools down, the US stock index opened higher but its gains narrowed. Chip stocks rose across the board, with Nvidia up 3% and Nike falling 19%.
Nike experienced its largest intraday drop since 2001, with the company's fourth-quarter revenue falling short of expectations. Most semiconductor stocks rose, with Taiwan Semiconductor up about 1% and Nvidia slightly up. Most Chinese concept stocks fell, with Xpeng down more than 2% and JD.com, Li Auto Inc, and NIO Inc down more than 1%. The French CAC 40 index fell nearly 1%, and France's 10-year treasury note yield rose to its highest level since November last year. On the news front, the first round of voting for the National Assembly elections in France will take place on Sunday.