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AI stock moves have ‘clearly been extreme,’ but the ‘kicker’ they provide prompts Citigroup to upgrade U.S. equities
Citigroup strategists raised their recommendation on U.S. equities to neutral from underweight as recent advances in AI boost tech shares, while signs that the Federal Reserve is nearing the end of its rate-hiking cycle ar...
RingCentral stock rockets after shareholder says it may push for a merger
RingCentral Inc. shares RNG were rocketing more than 16% in Friday trading after Sylebra Capital Ltd. disclosed a 8.68% stake in the company and said that it plans to engage in strategic discussions with management. Sylebr...
‘Unprecedented’ and ‘unfathomable.’ Nvidia makes jaws drop on Wall Street as stock explodes higher.
Analysts were awestruck in describing Nvidia's latest outlook, with one musing that it could have marked the "greatest beat of all time."
Microsoft president supports call for new agency to regulate AI
"We must always ensure that AI remains under human control," Brad Smith said in a blog post Thursday. "This must be a first-order priority for technology companies and governments alike."
Workday stock zooms toward highest prices in more than a year after earnings beat
Workday Inc. shares jumped more than 10% and headed toward their highest prices in more than a year in after-hours trading Thursday, following an earnings beat.
Nvidia’s 24% jump Thursday lit an AI fire that carried these 19 stocks to gains of as much as 17%
Nvidia's forecast of a 50% increase in sales caused euphoria as investors looked to jump aboard the artificial-intelligence bandwagon.
On the heels of Nvidia’s blockbuster day, Marvell stock boosted by AI revenue expectations, while Gap rallies on surprise profit
Marvell Technology, Gap, Workday, Tilray and Ulta Beauty are among the stocks most active ahead of Friday's market open.
AI news is driving tech ‘building blocks’ stocks like Nvidia. But another ‘power’ area will also benefit, say these veteran investors
This tech fund's managers say investors have plenty of reason to stick to tech, but investors want to choose carefully, and Tesla is not on their list.
Domo stock drops nearly 7% after mixed Q1 results
Shares of Domo Inc. DOMO fell nearly 7% in the aftermarket Thursday after the cloud software company reported fiscal 2024 first-quarter results that largely met Wall Street expectations and guided for a wider loss range fo...
Nasdaq posts biggest gain in 3 weeks as Nvidia boosts tech, Dow extends losses to 5th day
The Nasdaq and S&P 500 post sharp gains Thursday on tech optimism, while the Dow continued its fall as U.S. debt-ceiling talks drag on in Congress.
Opinion Stocks are searching for a reason to rally but even AI isn’t much of a spark
S&P 500 has been in a 3800-4200 trading range since last November.
Virgin Galactic’s VSS Unity makes fully crewed return to space
The Unity 25 mission marked an important milestone for Virgin Galactic ahead of the company's first commercial spaceflight, planned for late June.
Nvidia, Dish Network stocks surge, Nikola, UiPath, Dollar Tree shares sink, and other stocks on the move
Nvidia leads the gainers column while Snowflake stock slumps.
Invesco QQQ ETF jumps toward 13-month high, as Nvidia shares soar toward best gain in 7 years
The Invesco QQQ Trust Series exchange-traded fund QQQ, which tracks the technology-heavy Nasdaq 100 NDX, jumped 2.3% toward a 13-month high in premarket trading Thursday, with a big rally in Nvidia Corp. shares NVDA provid...
Palantir stock flies higher as company announces new Ukraine deal
Palantir has struck a deal with a Ukrainian government agency that will see the company's technology used in reconstruction efforts.
Snowflake slashes forecast due to ‘unsettled demand,’ stock slumps after earnings
Shares of Snowflake sank nearly 13% in after-hours trading Wednesday after the data-software company cut its outlook for the full year.
AI upstart UiPath’s stock is down on soft revenue guidance
UiPath's second-quarter revenue guidance (between $279 million and $284 million) was at the low end of FactSet's estimate of $284 million.
Nutanix stock pops after earnings as company gives upbeat outlook
Nutanix Inc. gave an upbeat outlook for its fiscal fourth quarter Wednesday, and its shares were surging in the aftermarket.
Splunk stock spikes as strong forecast quiets concerns
Splunk Inc. shares jumped more than 7% after the software company quieted concerns about the tech-spending environment with a strong forecast.
Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost
Nvidia Corp. could be within sight of becoming only the seventh U.S. company to top a valuation of $1 trillion after an audacious, AI-charged forecast.
