Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Tag: Computing
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Nvidia Reports Earnings Today. What to Expect.
Text size Nvidia stock has fallen about 11% over the past 12 months. Justin Sullivan/Getty Images The excitement for a near- term revenue boost for Nvidia from the latest wave of artificial intelligen...
Shopify’s stock upgraded as analyst cheers ‘nearly boundless’ opportunity
Shares of Shopify Inc. nabbed an upgrade Tuesday as a D.A. Davidson analyst sees an “attractive entry point” into a name that’s been crunched in the wake of earnings. Shopify’s stock SHOP, -5.02% has ...
Nvidia earnings overshadowed by Microsoft, ChatGPT, OpenAI, gaming partnership
Nvidia Corp. earnings received a warmup Tuesday as Microsoft Corp. and the graphics-processing-unit giant announced a 10-year partnership to bring Activision Blizzard Inc.’s catalog as well as Xbox ga...
Walmart, Alibaba, Moderna, and More Stocks to Watch This Week
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Walmart, Alibaba, Moderna, and More Stocks for Investors to Watch This Week
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Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
As Big Tech cuts workers, other industries are desperate to hire them
Workers who jumped from one high-paying job to another as Big Tech companies staffed up at a dizzying pace in recent years are now considering leaving the sector entirely as those same large employers...
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs
Bitcoin miner CleanSpark is growing its mining capacity in the United States with the purchase of 20,000 new Antminer S19j Pro+ units for $43.6 million. The acquisition is expected to boost the compan...
Nvidia Stock Can Endure a Slowdown, Analyst Says. AI Is Key.
Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their price targets on shares...
Cathie Wood’s ARK Swoops In to Buy Shopify Stock After Recent Slump
High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia the group said in a statement. ARK snapped up about $3...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Microsoft has a long path of earnings growth ahead, says Morgan Stanley
Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot. But Microsoft MSFT...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...
Tech Strikes Back — And Cloud Computing Leader Arista Ascends Toward Buy Point
As tech stocks like Nvidia (NVDA) and Mobileye (MBLY) find favor again after an abysmal 2022, cloud computing leader Arista Networks (ANET) ascends toward a new breakout. ANET stock now floats just be...
Nvidia, Broadcom, and Marvell Are Chip Stocks to Benefit in AI Arms Race
J.P. Morgan says there are three semiconductor companies that will thrive from the rising demand for artificial-intelligence services and software. In a note to clients on Friday, analyst Harlan Sur s...
Micron Suspends Executive Bonuses. The Stock Was Upgraded, Too.
Micron Technology has suspended bonuses for executives, and the stock earned an upgrade, though the two don’t appear to be connected. Micron (ticker: MU) said late Thursday a board committee had appro...
These 20 AI stocks are expected by analysts to rise up to 85% over the next year
There are always fads in the stock market, but now we are in the midst of what could turn out to be a revolutionary trend that will last much longer than any fad — artificial intelligence. In the Need...
NTT and the University of Tokyo Develop World’s First Optical Computing AI Using an Algorithm Inspired by the Human Brain
Collaboration advances the practical application of low-power, high-speed AI based on optical computing TOKYO–(BUSINESS WIRE)–#TechforGood—NTT Corporation (President and CEO: Akira Shimada, “NTT”) and...
Nvidia’s stock-market hot streak is far from over, according to Wall Street analysts
Nvidia Corp.’s stock has been a massive outperformer lately, and the company’s latest results suggest to some analysts that the run-up is not finished. Taking into account a 12% Thursday gain as of mi...