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2024-06-26 05:35:00 ET Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) both announced 10-for-1 stock splits in recent times. That's because shares of these technology giants have surged, surpassing $1,000, as demand from artificial intelligence (AI) customers boosted reven...
2024-06-26 05:11:52 ET More on tech stocks Behind Microsoft's AI-Driven Growth Surge Microsoft: After Generative AI, The Path To More Upside Microsoft Downgrade: Here's The Reality Check On Azure Vs. Amazon's AWS Nvidia, Microsoft emerge as leaders in enterpr...
A rebound in Nvidia shares led the S&P 500 and NASDAQ Composite higher on Tuesday, a day after a selloff in the chipmaking giant. The Dow Jones Industrials tumbled 299.05points to 39,112.16. The S&P 500 recovered 21.43 points to 5,469.30. The NASDAQ jumped 220.84 points, or 1....
2024-06-25 14:02:17 ET Summary Nvidia's stock is down 16% in 5 days, and this could be the beginning of the AI bubble burst. However, the broad market indices such as the S&P 500 are still stable. The next stage of the bubble burst is likely to be triggered by a systematic...
PALO ALTO, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today unveiled the latest updates to VMware Cloud Foundation (VCF), the company’s flagship private cloud platform. The latest advancements in VCF support customers’ digital innovation with faster infra...
2024-06-25 06:41:00 ET The stock market has gotten off to a scorching start in 2024. About midway through the year, the S&P 500 has gained roughly 15% while the tech-heavy Nasdaq Composite is up nearly 18%. One of the hottest sectors fueling the market to new heights is tech...
2024-06-25 06:30:00 ET Summary Six years ago, Apple became a $1 trillion company, not long before oil titan Saudi Aramco publicly debuted with a 13-digit market capitalization. Chipmaker Broadcom is riding an artificial intelligence wave. Eli Lilly is also on its way, thanks to th...
2024-06-25 04:15:00 ET It's abundantly clear that the advent of generative AI early last year has had a pronounced effect on technology, and one of the clear beneficiaries is Broadcom (NASDAQ: AVGO) . The company supplies semiconductors and other data center equipment that helps...
2024-06-24 16:17:07 ET Summary QQQ Trust ETF might have seen a nice increase so far in 2024, but the risks have risen in line with rising valuations. Among its top 10 constituents, only four are now trading at lower PE multiples than their five-year averages. Of these, there's onl...
2024-06-24 13:09:17 ET More on Nvidia Nvidia's Blackwell Finally Addresses An AI Bottleneck Nvidia: Demand Outstripping Supply Well Into 2025 Nvidia: Likely To Lose Its Dominant Position Over Time (Rating Downgrade) Nvidia slides for third straight session, l...
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2024-07-21 07:30:00 ET This has been another year of high-profile stock-split announcements, including Walmart , Chipotle Mexican Grill , and Lam Research . And while stock splits do not change the underlying fundamentals of a company, they can boost interest in ...
2024-07-21 07:14:00 ET The anticipated 10-for-1 split of Broadcom (NASDAQ: AVGO) has officially arrived. Investors can now buy a full share for around $171 instead of $1,710, although there are now 10 times more shares. Stock splits can affect price-weighted indexes like the Dow J...
2024-07-21 04:44:00 ET In July 2014, Apple ranked as the world's most valuable company, with a market capitalization of $550 billion. But during the last decade steady growth in the U.S. economy drove several stocks across the trillion-dollar threshold. Six publicly traded companies are...