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Nvidia stock soars 12% after strong AMD results, bullish call from Morgan Stanley

Nvidia shares soared as tech stocks led markets higher following a bullish note from analysts at Morgan Stanley and strong results from AI chip peer AMD.

Read more 2024-07-31 20:05
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Arm stock dives 11% as slow AI gains lead to tepid outlook

-Arm's conservative revenue forecast sparked a selloff in the British chip firm's stock on Wednesday, as investors worried that returns from a spending frenzy on AI computing would be slower to materi ...

Read more 2024-07-31 20:05
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S&P 500 Nuclear Energy Stocks Storm Higher As Prices Surge 800% On Largest U.S. Power Grid

S&P 500 nuclear power providers Constellation Energy and Vistra surged higher early Wednesday after PJM Interconnection's, the largest U.S. electrical grid operator, announced prices jumped more than ...

Read more 2024-07-31 20:00
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Microsoft and AMD’s results perfectly illustrate the two sides of the AI trade

Shares of Microsoft fell Wednesday while AMD's stock rose, showing the two sides of the current AI trade.

Read more 2024-07-31 18:53
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Nancy Pelosi Loads Up On More Nvidia Shares, Sells Part Of Microsoft Stake Before Q4 Earnings

Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporatio ...

Read more 2024-07-31 18:00
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The Stock Market Doesn’t Look Like the Dot-Com Bubble. It’s Something Worse.

Read more 2024-07-31 17:03