AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, ...
The S&P 500 hit a record high on Thursday, buoyed by the Federal Reserve's 50 basis points interest rate cut and optimistic ...
Artificial Superintelligence Alliance posted a near triple-digit rally over the past month. Cointelegraph explains why.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...
Wall Street is leaping toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big ...
On the basis of forward 12-month price-to-earnings (P/E) ratio, we see that the industry is currently trading at a 36.76X multiple, which is its median value over the past year. However, since the S&P ...
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Historically, Nvidia shares have done well after rate-cut announcements when looking out several months. On average, the stock has seen a 6.9% gain in the month after a rate cut, a 16.6% gain in the ...
Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Explore more ...
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.
Darden's Q1 earnings fell short of estimates, but shares rose after announcing a partnership with Uber for delivery.