The Nvidia (NVDA) juggernaut continues as the artificial intelligence giant looks to topple Apple (AAPL) and take on Microsoft (MSFT) for supremacy in terms of market capitalization. And as Nvidia stock looks to hit yet another record high, it joins semiconductor powerhouses Taiwan Semiconductor (TSM) and Advanced Micro Devices (AMD) on IBD Leaderboard as they […]
Meta Platforms (META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new shareholder return initiatives. With Friday’s rally, the company added nearly $200 billion to its market cap, a stock market record, according to Bloomberg data. Meta shares were trading around $475 on Friday; […]
After surging roughly 50% to a record high in 2023, a rare rating downgrade from Wall Street helped push Apple stock down 3.65% on Tuesday, shaving over $100 billion from the tech giant’s market cap. Barclays analyst Tim Long tagged Apple with an “underweight” rating due to weak iPhone demand Tuesday morning, arguing its shares […]