AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, ...
The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 ...
The S&P 500 hit a record high on Thursday, buoyed by the Federal Reserve's 50 basis points interest rate cut and optimistic ...
Artificial Superintelligence Alliance posted a near triple-digit rally over the past month. Cointelegraph explains why.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...
Wall Street is leaping toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big ...
On the basis of forward 12-month price-to-earnings (P/E) ratio, we see that the industry is currently trading at a 36.76X multiple, which is its median value over the past year. However, since the S&P ...
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Historically, Nvidia shares have done well after rate-cut announcements when looking out several months. On average, the stock has seen a 6.9% gain in the month after a rate cut, a 16.6% gain in the ...
Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Explore more ...