Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom shares closed up 12% on Thursday after the company posted second fiscal quarter earnings that beat analysts’ estimates and showed …
Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on …
Apple’s rally this week has made the iPhone maker one of the most overbought stocks on Wall Street, with its newly announced push into artificial intelligence lifting shares above $200. …
Investors may want to be careful when buying tech stocks, as some names in the sector have become overvalued after their recent gains. The Technology Select Sector SPDR Fund (XLK) …
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 3, 2024. Michael M. Santiago | Getty Images S&P 500 futures rose slightly Wednesday …
There’s been a lot of talk about artificial intelligence’s current phase: infrastructure building. That has obvious benefits for chipmakers such as Nvidia and hyperscalers like Amazon , Microsoft and Alphabet …
Igor Golovniov | Lightrocket | Getty Images Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts’ estimates. It also announced a 10-for-1 stock split, set to …
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tesla : Shares were slightly lower Tuesday. CNBC reported earlier in the day …
Fund managers’ love for artificial intelligence-related stocks has grown as many of these tech companies have become their essential holdings in the portfolio, according to Bank of America’s analysis. The …
Nvidia delivered once again, with its results proving it’s showing no signs of slowing down. On Wednesday, it reported earnings that beat estimates , with its sales skyrocketing as companies …