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Nvidia stock rose more than 2% on Wednesday after an industry report projected "unprecedented" levels of investments in artificial intelligence, a bullish sign for the AI chipmaker.Consulting firm ...
Nearly 93% of Wall Street analysts covering Micron recommend buying the stock. On average, they see its shares rising more than 50% over the next year to $143.94.
According to Lee, there have been seven instances of Fed rate cuts coinciding with a "no landing" in the economy, and the three-month and six-month forward stock market returns have a 100% win ...
China's stock market reacted positively to the news. The CSI 300 ( 000300.SS ), Shanghai Composite ( 000001.SS ), and Hang Seng Index ( ^HSI ) all rose more than 4%.
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the ...
Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and speculative investor ...
The stock market could be volatile until the election before resuming its rally to record-highs, according to market vet Ed Yardeni. In commodities, bonds, and crypto: Oil futures dropped.