After Losing $150B Nvidia Opportunity, Masayoshi Son's SoftBank Acquires UK Chipmaker Graphcore In Major AI Push
SoftBank Group Corp. (OTC:SFTBF) (OTC:SFTBY) led by has announced the acquisition of Graphcore, a UK-based chipmaker, in a significant move to bolster its artificial intelligence capabilities.What
Bitcoin, Ethereum, Dogecoin Cool Down After Morning Spike On Positive Inflation Data: Analyst Underscores Importance Of King Crypto's Break Above $60K
Leading cryptocurrencies gave up their early morning gains as the cooler-than-expected inflation data ended up becoming a 'buy the rumor, sell the news' event. CryptocurrencyGains +/-Price (Recorded 8
Options Market Statistics: Tesla, Nvidia Lead Tech Sell-Off, Options Pop
News Highlights
Yardeni Raises S&P 500 Year-End Target To 5,800, Hints At Faster-Than-Expected Discounting Of 'Roaring 2020s Scenario'
Veteran Wall Street investor Ed Yardeni has adjusted his outlook for the S&P 500, raising the year-end target to 5,800 from 5,400, and maintaining a target of 8,000 by the end of the decade. "The
Nvidia Leads Slide as Investors Rotate Out of Mega Tech
Bespoke Highlights a Rare Outperformance in Small-caps Vs S&P 500
Advanced Micro Devices Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 13.84% Wells Fargo $190 → $205 Maintains Overweight 07/09/2024 22.17% Keybanc $230 → $220
Broadcom Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 43.28% Rosenblatt $1650 → $2400 Maintains Buy 06/24/2024 28.36% B of A Securities $2000 → $2150
Jim Cramer: The Biggest Beneficiary Of AI Is Going To Be... JPMorgan?
Jim Cramer surprised his co-hosts on CNBC's "Squawk On The Street" on Thursday when he predicted that JPMorgan Chase & Co (NYSE:JPM) would end up being the biggest beneficiary of the AI boom.What
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
Intel Invests In Israeli AI Construction Startup Buildots - What's On The Cards?
Buildots, an Israel-based AI construction software company, has announced a $15 million investment led by Intel Inc's (NASDAQ:INTC) Intel Capital, with participation from OG Tech Partners and
$100 Invested In Advanced Micro Devices 20 Years Ago Would Be Worth This Much Today
Advanced Micro Devices (NASDAQ:AMD) has outperformed the market over the past 20 years by 5.75% on an annualized basis producing an average annual return of 14.12%. Currently, Advanced Micro Devices
Tesla Is a 'Faith-based Stock' With Fundamentals Not Grounded in the Near-term - DataTrek
(AVGO) - Analyzing Broadcom's Short Interest
Broadcom's (NYSE:AVGO) short percent of float has fallen 6.99% since its last report. The company recently reported that it has 5.37 million shares sold short, which is 1.33% of all regular shares
SGH's Penguin Solutions Selected As The Managed Services Partner For Voltage Park's NVIDIA Clusters; Under The Architecture Being Deployed, Each Compute Node Instance Features Eight Nvidia H100 Tensor Core GPUs For A Total Of 640GB Of GPU Memory Per Node
Large-scale AI cloud service provider is making 24,000 GPUs available for on-demand users via innovative exchange platform as well as for long term rentalsPenguin Solutions, an SGH brand (NASDAQ:SGH),
Hewlett Packard Enterprise Inks Pact With Nvidia To Power Japan's ABCI 3.0 To Lead As Fastest AI Supercomputer
On Thursday, Hewlett Packard Enterprise Company (NYSE:HPE) announced that it will build a new supercomputer powered by NVIDIA Corporation (NASDAQ:NVDA) for one of Japan's largest research
Market Clubhouse Morning Memo - July 11th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates
Applied Mat Unusual Options Activity
Whales with a lot of money to spend have taken a noticeably bearish stance on Applied Mat.Looking at options history for Applied Mat (NASDAQ:AMAT) we detected 11 trades.If we consider the specifics
Goldman Sachs pours cold water again: AI expenses already account for 25% of S&P 500's total expenses, and the valuation is at risk if they don't make money soon.
The rapidly growing US technology stocks have raised concerns among Wall Street analysts. More and more people are questioning whether too much investment has been put into the AI industry with little return.
Exchange-Traded Funds, Equity Futures Edge Lower Pre-Bell Ahead of Key Inflation Data
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.02% lower in Thursday's premarket activity, ahead of key