The Fed announced a rate slash of half a percentage point, lowering the federal funds rate target range to 4.75-5%. According to median forecasts, the Fed is expected to cut rates ... The Fed ...
Local tech stocks are on something of a tear, which also reflects the tech-heavy and highly influential Nasdaq 100 – the ...
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, ...
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 ...
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 ...
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 ...
AMD, Nvidia and a host of other semiconductor stocks trended higher Thursday following the Fed decision to slash the interest ...
Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Explore more ...
Bonds issued by the so-called Magnificent Seven group of big tech companies perked up Thursday, after the Federal Reserve delivered a 50 basis-point interest-rate cut that will lower their interest ...
NVIDIA continues to fuel the AI stock rally in 2024. Our analysis shows that may be the case for the foreseeable future.
Tech stocks are jumping in the wake of Wednesday's rate cut by the Federal Reserve, with all of the Magnificent 7 stocks on ...
That's exactly what has happened with Nvidia. Over the past year, Nvidia stock is up by 166% as the surge in AI investment ...
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