Live Updates Nasdaq Now Up 1.2% 1:30pm ETEric BleekerAs of 1:30 p.m. ET, the Nasdaq-100 is up 1.25%. That’s significantly outpacing the S&P 500’s .53% gain. The Dow Jones is down very…
Live Updates AI Infrastructure Stocks Carrying the Market 9:53am ETEric BleekerToday is all about AI infrastructure stocks. That’s stocks that are involved in massive data center build-outs in areas like chip design,…
Most of the discussion in the market around AI stocks right now is centered on top chip stocks, and for good reason. Whether it’s Nvidia (NASDAQ:NVDA | NVDA Price Prediction), AMD (NASDAQ:AMD) or another AI-related play,…
Chris MacDonald The conversation in the semiconductor space almost entirely revolves around Nvidia (NASDAQ:NVDA | NVDA Price Prediction) right now, and for good reason. The high-performance chip maker has continued to provide the best…
Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) is surging 22% higher heading into noontime trading after the semiconductor stock reported artificial intelligence was driving its business far higher than expected. The chipmaker…
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…
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…
Eric Bleeker 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”…
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…
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…
Live Updates NVIDIA Reaches All Time High, Again 12:22pm ETEric BleekerJust past the 12:20 p.m. ET and the markets are still holding their gains, while small caps turn red. Nasdaq-100: Up 94.15…
Live Updates ASML Continues to Drop 1:37pm ETEric BleekerAfter accidentally publishing its earnings early during trading, ASML (Nasdaq: ASML) continues to plummet. Shares are now down 17% and have weighed down other stocks in…
Nervous investors may be wondering if semiconductor stocks are still a good bet for the rest of this year. Wall Street expectations are especially high for Astera Labs.
The buzz was there for years; artificial intelligence is the next big thing, but as usual, when it comes to technology innovation, the opening salvos from private equity and others took quite…
The buzz was there for years; artificial intelligence is the next big thing, but as usual, when it comes to technology innovation, the opening salvos from private equity and others took quite…
