Tech Archives - Page 62 of 1385

2 minute read

Nvidia, Tech Stocks Propel Nasdaq 100 To Record High; Solar Sector Shines, Meme Stock Bubble Bursts: This Week In The Market

May 24, 4:29 PM

Tech stocks in the Nasdaq 100, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), soared to record highs during the week, marking their fifth consecutive week of gains — the longest streak since January — driven by Nvidia Corp.‘s (NASDAQ:

AMC

3 minute read

Benzinga’s ‘Stock Whisper’ Index: 5 Stocks Investors Secretly Monitor But Don’t Talk About Yet

By Chris Katje

May 24, 4:20 PM

The weekly Stock Whisper Index highlights five stocks seeing increased interest from Benzinga readers during the week.

COST

2 minute read

NASA Confirms Boeing’s Delayed Starliner Launch Despite Helium Leak

By Vandana Singh

May 24, 2:10 PM

Boeing and NASA prepare for the Starliner Crew Flight Test despite a stable helium leak in the propulsion system. Targeting a June 1 launch, this mission will be the first to carry U.S. astronauts.

2 minute read

Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What’s Driving Markets Friday?

By Piero Cingari

May 24, 1:54 PM

Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.

BAH

2 minute read

AI Boom Spurs Search For New Winners Beyond Nvidia: Bloomberg

By Shivani Kumaresan

May 24, 1:37 PM

Investors are expanding their AI horizons beyond Nvidia (NASDAQ: NVDA) after its stellar results. AI's growth impacts more than just chipmakers; sectors like electrical components (Amphenol Corp.), data centers, utilities, and power grid companies are also benefiting. Goldman Sachs highlights diversified AI investments, with companies like Littelfuse Inc. and AES Corp. gaining traction. AI-exposed stocks have surged this year, reflecting robust demand and market interest.

AES

2 minute read

What’s Going On With Microchip and NXP Semiconductors Stocks Friday?

By Anusuya Lahiri

May 24, 1:33 PM

Analyst upgrades MCHP and NXPI stock ratings to Buy, giving $115 and $325 price targets respectively. Inventories may peak, improving outlook.

MCHP

4 minute read

EXCLUSIVE: Nvidia Dow Jones Inclusion ‘A Matter Of When’ — Will It Replace Intel?

By Chris Katje

May 24, 12:55 PM

Two financial experts tell Benzinga they weren't surprised by Nvidia announcing a stock split. Why the announcement could see the Dow Jones Industrial Average inclusion next.

AMZN

2 minute read

Hedge Funds Tweak Portfolios In Q1: Marvell, TD Synnex, AES Get More Love As Focus Shifts To AI

By Piero Cingari

May 24, 12:20 PM

Hedge funds are looking for high-return opportunities beyond the mega-cap tech giants preferring to focus on cyclical sectors and AI.

AAPL

2 minute read

Spotify Discontinues Car Thing Device, Shifts Focus to New User Features

By Anusuya Lahiri

May 24, 11:47 AM

Spotify discontinued its Car Thing device, citing streamlining of product offerings, no replacements planned. Stock up on Friday.

OND

2 minute read

Taiwan Semi Leads While China’s SMIC Climbs to Third in Global Chip Market

By Anusuya Lahiri

May 24, 11:43 AM

Taiwan Semiconductor Manufacturing Co (TSMC) leads in Q1 revenue. China's SMIC ranks 3rd in market share, driven by demand recovery and Huawei partnership.

NVDA