There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing next-generation large language models (LLMs) actually lead to an earnings boost? And when will such a boost be on the horizon?
How stocks tend to perform after significant big market pullbacks, following Nvidia's (NVDA) record-breaking tumble
PALO ALTO, Calif. - Broadcom Inc. (NASDAQ:AVGO), a prominent player in the Semiconductors industry with a market capitalization of $947 billion and impressive 75.2% gross profit margin, has launched a new line of Emulex Secure Fibre Channel Host Bus Adapters (HBAs) designed to encrypt data on the move between servers and storage arrays.
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.
The Wall Street rally appears to have returned after Donald Trump took over as the President to begin a new term. Major indexes have resumed their northbound journey since the beginning of the ...
The S&P 500 growth index, which is heavily populated by tech stocks, dropped about 3.6% on Monday, while the counterpart value stock index rose nearly 1%. That was the biggest one-day percentage point advantage for value stocks over growth in the roughly 30 years of data on record, according to LSEG data.
Nasdaq 100, S&P 500, Microsoft Corporation, Oracle Corporation. Read Charles-Henry Monchau's latest article on Investing.com
Other AI-related companies also held steadier, including chip company Broadcom, which rose 2.6%. Constellation Energy picked up 1.4% after plummeting nearly 21% on Monday. It had earlier rallied on expectations it will help supply the electricity that vast AI data centers would gobble up.
(Reuters) - Futures tied to the S&P 500 and the Nasdaq were higher on Tuesday after steep losses in the previous session, when the popularity of a low-cost Chinese artificial intelligence model rattled stocks of U.S. companies invested in the technology.
US Dollar South African Rand, Gold Spot US Dollar, Euro Stoxx 50, Nikkei 225. Read Adriaan Pask's latest article on Investing.com South Africa.
Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.
We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against the other