Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market in recent months, and that’s not surprising, as the company has played a critical role in the artificial intelligence (AI) revolution. Companies in the race to develop and deploy AI applications have been turning to Nvidia’s graphics processing units (GPUs) to utilize […]
Trends can be easy to miss. After all, many people heard about artificial intelligence (AI) and how it was the “next big thing,” and yet, many of those same people never invested a penny into AI stocks like Nvidia, Super Micro Computer, or SoundHound AI before they went parabolic during the last two years. So, […]
Bitcoin fell in line with the wider crypto market, with ether and other altcoins also declining. Financial markets have been dogged by risk-off sentiment in the run-up to the Fed’s interest-rate decision and press conference later today. 10x Research said it’s eyeing a price target of $52,000-$55,000 as it predicts further selling pressure. Bitcoin {{BTC}} […]
By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) – Futures tracking Wall Street’s main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer prices numbers, ahead of the Federal Reserve’s meeting next week. All eyes are on the February producer prices data, due at 8:30 a.m. ET, which […]
It would take time to find a stock that has skyrocketed as much as Nvidia (NASDAQ: NVDA) has recently. Thanks to heightened interest (or more like a craze) in companies at the forefront of the artificial intelligence (AI), this stock has soared 271% in the last 12 months and a whopping 2,170% just in the […]
Shares in GigaCloud Technology (GCT) crashed Tuesday amid no apparent news after a big run in 2024. GCT stock was recently down more than 20% in morning action and trading was briefly halted amid the volatility. X On the stock market today, GCT stock was last down 21.3% at 27.15. Fourth quarter earnings for GCT […]
(Bloomberg) — It was, without a doubt, a strong earnings report. Most Read from Bloomberg Lyft Inc. projected adjusted earnings as much as 11% higher than analysts’ estimates, and reported bookings ahead of expectations. And then there was the outlook for profitability: Margins, the ride-hailing provider said in an initial press release, were set to […]
Consumer financing firm Affirm Holdings (AFRM) reported a smaller-than-expected loss in the December quarter while revenue and other financial metrics topped Wall Street targets. Company guidance for AFRM stock came in above expectations but may not have been enough after a big run-up. The San Francisco-based company reported fiscal second-quarter earnings after the market close. […]
(Bloomberg) — MicroStrategy Inc.’s co-founder Michael Saylor has been selling company shares leading up to the US Securities and Exchange Commission’s approval of exchange-traded funds investing directly into Bitcoin. Most Read from Bloomberg The company’s executive chairman sold between 3,882 and 5,000 shares on certain days between Jan. 2 and Jan. 10, when the SEC […]