Shares of Tesla (NASDAQ: TSLA) have been on the comeback trail recently, and that continued on the first trading day of July. Shares of the leading electric vehicle (EV) maker were higher by 5.5% as of 11:10 a.m. ET Monday morning. The stock is now up by about 18% over the past month. Today’s jump […]
Shares of Amazon (NASDAQ: AMZN) climbed higher on Tuesday, adding as much as 4.5%. As of 2:10 p.m. ET, the stock was up 4.1%. There were a couple of catalysts that sent the e-commerce titan higher. One was a bullish take from a Wall Street analyst; the other was the unexpected gain on one of […]
Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 6.3%. As of 1:59 p.m. ET, the stock was still up 5.8%, taking it back above that psychologically important $3 trillion market cap. The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher was word that the company was entering […]
Shares of Rivian Automotive (NASDAQ: RIVN) jumped today after one Wall Street analyst began coverage and reinforced some positive projections from the electric vehicle (EV) maker. Rivian’s management has previously said it expects to achieve positive gross profit in the fourth quarter. Investors reacted to the new analyst coverage positively. Rivian shares were popping higher […]
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock was up 2.1% through 2 p.m. ET Tuesday. As hometown daily paper DigiTimes reported this morning, Intel has tapped TSMC to manufacture its new line of 3nm semiconductor chips for notebook computers. What’s more, production of the chips is already commencing. What it means for Intel… and for TSMC This […]
American Superconductor (NASDAQ: AMSC) is a green energy company, and helping electric grids “optimize network reliability, efficiency and performance” provides roughly 84% of the company’s revenue, while providing control systems for wind turbines accounts for the remaining 16%. But did you know that in its spare time, American Superconductor also moonlights as a defense stock? […]
Much of the broad market rally that began early last year has its origins in the growing potential of artificial intelligence (AI). Indeed, the world is just beginning to grasp the vast opportunity afforded by AI as investors scramble to profit from these next-generation algorithms. Wall Street is doing its level best to stay ahead […]
SunPower (NASDAQ: SPWR) stock is on a roll. After a weak start to the week, for the three straight days, shares of the residential solar power specialist have run higher. Including Friday’s gain (up 9.1% through 11:30 a.m. ET), SunPower stock is now up a lucky 13% for the week. Credit for the stock’s strong […]
Wednesday is shaping up to be a good day for semiconductor investors, as good news from China (and a potential money grab in Taiwan) lifts share prices of Applied Materials (NASDAQ: AMAT), ASML Holding (NASDAQ: ASML), and Taiwan Semiconductor Manufacturing Company (NYSE: TSM). As of 10:30 a.m. ET, Applied Materials stock is up 4.9% and […]
Ok, you were driving a bit fast. Were really going that fast? Regardless, you got a speeding ticket and you want to fight it. Can you? Or should you? City records show Milwaukee police handed out 91 tickets for speeding during the Memorial Day weekend, compared with 85 for last year’s long weekend. More: Reckless […]
Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 5.6%. As of 11:54 a.m. ET, the stock was still up 5.1%. The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher was word that another AI start-up had raised billions of dollars, which is likely good news for Nvidia. […]
Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!) Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!) Why did Rivian stock rise and then fall back again? The answer is just […]