Nasdaq

After hitting record highs of $974 at the beginning of March, Nvidia stock (NASDAQ: NVDA) took a nosedive. However, after forming a bottom around $841, the shares of the chip-making giant are poised to take another shot at the major psychological level of $1,000. This level is crucial in every stock’s life cycle, as a clear breakout above this level results in a strong, bullish continuation. The recent FOMC statement propelled Wall Street indices to their record highs. The S&P 500 index, NASDAQ 100 index,…

Donald Trump’s return to the stock market could be right around the corner.All eyes are on a vote scheduled for Friday by shareholders of Digital World Acquisition Corp., a publicly traded shell company that is looking to merge with the former president’s media business. The deal’s approval would open the door for Trump Media & Technology Group, whose flagship product is the social networking site Truth Social, to soon begin trading on the Nasdaq stock market in Digital World’s place.If the merger is greenlit, which…

  After forming record highs in the last session, AMD stock price opened lower on Thursday. This correction occurs when the benchmark indices have given a gap-up opening. The S&P 500 index is up 37 points, while the tech-heavy Nasdaq 100 index has gained 163 points at press time. The broader market sentiment around the semiconductor stocks remains positive as almost all the top stocks in the sector except for AMD are trading in the green on Thursday morning. The correction in AMD shares can be attributed…

US equity markets are soaring, and Netflix stock price is no exception. NASDAQ: NFLX has been up 27% since the start of this year and the latest analysis suggests there could be even more upside in the coming days. Last week, the stock of the streaming giant closed with a 6% surge. On Monday, Netflix shares are trading at $622 in the pre-market hours. However, the futures of the S&P 500 and NASDAQ 100 are trading slightly lower than the last weekly closure. It will be interesting to see how the market…

Stock market soars to record highs, fueled by AI optimism - CBS News <figure id="breaking-news" class="breaking-news lazyload" data-live-headline-options="{" adapter="" a::href="" data-smart-banner-options="{" banneranchorselector="" data-component=" Stock market soars to record highs, fueled by AI optimism - CBS NewsWatch CBS News…

The tech-heavy NASDAQ Composite surged on Thursday, February 29th, 2024 closing at an all-time high for the first time since November 2021. Bolstered by rallying semiconductor and artificial intelligence stocks, the index gained 0.9% ($144.18)  to close at $16,091.92. The milestone caps off a strong February for the Nasdaq, with gains of over 6% for the month. It marks the index’s best monthly performance since 2015.  Chip Stocks Shine Amid Thursday’s rally, Semiconductor stocks were standouts as confidence…

The US stock market is booming, with the Nvidia stock price leading the rally. The stock of the AI chip-maker has seen an exponential surge since the start of 2023. The bullish price action has continued in 2024, and the stock is now trading at an all-time high with a market capitalization of around $2 trillion. The record surge in Nvidia shares can be attributed to the success of its flagship AI chips which have taken the world by storm. The company released its Q4 earnings report earlier this week, beating…

More bad news for Californian EV startup Fisker, as it now faces a possible delisting from the Nasdaq due to low stock prices for 30 consecutive days. Fisker reports that it has received a non-compliance notice from the New York Stock Exchange as its stock had closed below around $1 for 30 straight trading days, reports Automotive News. Failure to comply can lead to a delisting, but Fisker has six months to regain compliance.The road hasn’t exactly been smooth for Fisker, which has faced a long line of…

A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles is threatening to sue the US government after it was included in a list of companies the Pentagon says have links to the Chinese military. Hesai Technology's core product is LiDAR road sensing equipment, used in passenger and commercial vehicles, autonomous driving vehicles, delivery robots and other applications. It was among 17 companies the US Department of Defence recently added to its list of companies it considers "Chinese military…

Yandex, often described as Russia’s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management group, as well as Russia’s biggest domestic energy company, Lukoil, and Russian businessman and a former executive at Gazprom, Alexander Ryazanov, among others. Now that Yandex has cut ties with Russia, it…