Update: Market Chatter: Bank of America, BNP Set to Win Lead Roles on Sanofi's Consumer-Healthcare Spin Off
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
This booming restaurant business has crushed the market in the past few years.
The Under Armour meltdown continues.
"The concept of a machine to be able to function with general intelligence to me is a 2x bigger factor than what the internet is," Gene Munster said.
The software giant goes with Nvidia's rival for a platform of AI chips.
The stock market is right at highs but Nvidia earnings offer a major test. Five AI stocks are near buy points.
This leading semiconductor company is seeing robust growth thanks to artificial intelligence (AI), and investors can get it for a song.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Analysts see Nvidia's earnings per share soaring 474% to $5.22, with revenue up 241% to $24.5 billion.
Data center services are on the rise as generative AI continues to fuel the broader technology sector.