It’s time to buy the stock. Amphenol makes cables, sensors, and all kinds of connectors for electricity and data used in cars, planes, mobile phones, and the data centers that power AI. The AI boom helped the stock notch a 22% annual total return over the past five years,
Exchange-traded funds that invest in semiconductor stocks swung into positive territory on Tuesday, erasing losses seen earlier in the trading session after being beaten down Monday. The iShares Semiconductor ETF was up 0.
Tuesday's Forbes Daily covers Chinese AI DeepSeek's impact on stock market, Boeing's earnings woes, Trump's military orders, Super Bowl ticket and party prices, and more.
According to Seeking Alpha data on Wall Street forecasts, Nvidia (NASDAQ ... down from 33% in 2024, per FactSet data. However, that's still way ahead of the 13% YoY growth projected for the ...
Nvidia (NASDAQ: NVDA) roared higher last year, gaining more than 170%, and emerged as the key player in the artificial intelligence (AI) boom. This is because the tech giant sells the world's top ...
The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on Monday. The Nasdaq Composite surged 2.03% to 19,733.59, following a 3.1% decline a day ago.
Apple Inc. (AAPL) on Thursday delivered on its earnings, helping provide a lift to tech stocks. Still, two out of the "Magnificent Seven," namely Nvidia and Microsoft, were facing a weekly loss. Read: Nvidia's CEO, whose chips play a key role in the DeepSeek drama, becomes latest corporate exec to pay a visit to Trump
The Nasdaq Composite has erased early gains as losses for shares of Microsoft Corp. and Nvidia Corp. accelerated, weighing on the broader index. Microsoft shares were down more than 6% earlier, while Nvidia was down nearly 4%,
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
The news that DeepSeek was able to develop generative AI technology for far less money than OpenAI spent on ChatGPT has investors concerned that the hardware build-out that enabled Nvidia's stunning growth in revenue and profit may slow down. But we are at a very early stage in the reaction and analysis of the DeepSeek news.
Looking ahead, the company provided an optimistic outlook for the first quarter (Q1), projecting revenues between €7.5 billion and €8.0 billion, which is above the FactSet Consensus of €7.21 billion. The gross margin for Q1 is expected to be between 52% and 53%.
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.