If you’re invested in companies like Palantir (Nasdaq: PLTR | PLTR Price Prediction), MicroStrategy (Nasdaq: MSTR), or Axon Enterprises (Nasdaq: AXON), tomorrow is a day that should be circled on your calendar. The Nasdaq-100 is expected to announce a rebalancing (or ‘reconstitution’)…
Live Updates Losses Accelerate2:23pm ETEric BleekerAs of 2:20 p.m. ET, the Nasdaq-100 is now down .50% while the Russell 2000 has decline .86%. One bright spot in the market is a successful IPO in…
Live Updates Uber Shares Under Pressure 2:06pm ETEric BleekerShares of Uber (Nasdaq: UBER) are down 6.1% today after General Motors (NYSE: GM) announced they’d cease funding of their Cruise robotaxi division. Uber had announced a partnership with Cruise…
Right now, NVIDIA (Nasdaq: NVDA) has a dominant market share in AI chips. Companies like Broadcom (Nasdaq: AVGO) and Marvell (Nasdaq: MRVL) challenge them making custom chips while Advanced Micro Devices (Nasdaq: AMD) provides competition in GPUs. Yet, NVIDIA’s market share is…
Live Updates Momentum Stocks Sink Again 4:44pm ETEric BleekerThe Nasdaq closed down just .25% today, but there was a sea of red in certain segments of the market. Semiconductor stocks were hammered today. NVIDIA (Nasdaq: NVDA)…
Live Updates Google Unveils Breakthrough Quantum Computer 3:17pm ETEric BleekerGoogle unveiled a new quantum chip named Willow today. Here are the two main achievement from Willow that Google lists in its press release: The…
Live Updates OpenAI Usage Continues Accelerating 12:51pm ETEric BleekerAt the NY Times DealBook Summit, OpenAI CEO Sam Altman revealed the company’s ChatGPT service now has 300 million weekly active users. That’s up from $200…
How can Tesla (Nasdaq: TSLA | TSLA Price Prediction) stock double? In the segment from the ‘AI Investor Podcast’ below, Eric Bleeker is joined by 7Investing Founder Simon Erickson to discuss the financial model…
Live Updates Closing Remarks On Marvell Conference Call 2:37pm ETEric BleekerMarvell’s conference call is winding up, a few notes: Marvell CEO Matthew Murphy once again notes the strength of emerging categories like AECs. Says…
Live Updates WSJ Says Amazon Building Massive Supercomputer Off Trainium Chips 10:12am ETEric BleekerThe Wall Street Journal published an article today on Amazon’s plans to build a massive supercomputer named “Project Rainer” utilizing the…
Live Updates Tech Stocks Bounce off Session Lows 4:04pm ETEric BleekerWith markets now closed for the day, many tech stocks rebounded from session lows. NVIDIA hit a low of $131.80 but closed the day…
Live Updates Market Upgrades Today 12:09pm ETEric BleekerLet’s look at some of the more notable calls from Wall Street today. Zoom (Nasdaq: ZM): Received multiple upgrades today. Bernstein took their price target up to $89…
2024 will go down as another year that NVIDIA (Nasdaq: NVDA | NVDA Price Prediction) was the story stock of AI, but could big changes in the AI space lead to Marvell (Nasdaq: MRVL) posting outstanding returns in…
Live Updates NVIDIA Continues to Be Under Pressure Post-Earnings11:15am ETEric BleekerNVIDIA (Nasdaq: NVDA) stock is among the biggest losers in the S&P 500 today. It’s down 3% while other Magnificent 7 stocks are up today. Alphabet is…
Live Updates Bitcoin Nears $100,0003:32pm ETEric BleekerMajor indexes are in the green today but another big market story is the price of Bitcoin (CRYPTO: BTC). We’re tracking its price today in a live blog…
Live Updates Bitcoin Price Holding Below $99,0003:27pm ETEric BleekerBitcoin’s peak briefly almost hit $99,000 at 2:25 p.m. ET. Its price reached $98,850 before falling. Still, as of 3:30 Bitcoin is once again testing these…
Live Updates NVIDIA Up 1.5% Headed Into the Close3:09pm ETEric BleekerAt 3:10 p.m. ET, NVIDIA is up 1.5% on the day. Overall market sentiment is helping. The Nasdaq has turned positive on the day,…
Live Updates Conference Call Winding Down - NVIDIA Shares Down 1% 5:57pm ETEric BleekerNVIDIA’s conference call is winding down and the stock is down about 1%. Here are the key takeaways from their earnings:…
Live Updates Nasdaq Turns Positive 11:18am ETEric Bleeker As of 11:18 a.m. ET, the Nasdaq has turned solidly green for the day. NVIDIA (Nasdaq: NVDA) continues to move north ahead of earnings, its shares are now…
Live Updates Nasdaq Up .70% in Late Trading 3:28pm ETEric BleekerAs of 3:30 p.m. ET, the Nasdaq is up about .70%. Super Micro Computer remains the biggest mover in the Nasdaq-100, jumping 28% on the day.…
