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?
This triggered massive selloffs in megacap stocks. Nvidia (NVDA) fell 17%, losing over $500 billion in market capitalization -- a record-breaking decline, larger than the entire market cap of companies like Mastercard (MA), Netflix (NFLX), Costco (COST), and Bank of America (BAC).
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.
ORCL stock opened at $183.59 on Friday. The firm has a 50-day moving average of $174.41 and a 200 day moving average of $162.49. The company has a debt-to-equity ratio of 5.65, a current ratio of ...
The enthusiasm surrounding AI has already been driving the broader market rally since 2024. The S&P 500 gained 23.3% in 2024 after climbing 24.2% in 2023. The index jumped 53% in the last two years, recording its best performance since the 66% gain in 1997-98.
C hinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models
Nasdaq 100, S&P 500, Microsoft Corporation, Oracle Corporation. Read Charles-Henry Monchau's latest article on Investing.com
(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.
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This prompted the heavy selling of shares that have been boosted by the AI boom, namely chip stocks. In addition to Nvidia ( NVDA ), Broadcom ( AVGO) tumbled 17%, while the Taiwan Semiconductor Manufacturing Company's ( 2330.TW, TSM) US-listed shares ended Monday's session 13% in the red.
Instead, it comes from what appears to be an Nvidia consumer, Chinese AI service provider DeepSeek. A DeepSeek research paper quantifies the costs of training. - DeepSeek It works well, jumping to number-one in Apple’s U.