The S&P 500 continues to hover near all-time trading highs and many stocks have been rewarded in 2024, but 10 stocks in particular have been red-hot of late. Outlined below are the top 10 best performing stocks that sit inside the S&P 500 that have been on the move higherContinue Reading
BING-JHEN HONG Nvidia (NASDAQ:NVDA) was in focus on Monday as Morgan Stanley raised its earnings estimates and price target on the semiconductor giant, citing “robust” data checks. Shares fell fractionally in premarket trading. Recent checks from Taiwan and China were more than enough to keep the firm confident on near-termContinue Reading
The Technology Select Sector SPDR Fund ETF (NYSEARCA:XLK), which tracks S&P 500’s information technology sector, gained 8.38% so far this quarter, outperforming the 4.56% rise in the broader S&P500 Index. The information technology sector, which consists of stocks including Nvidia (NVDA), First Solar (FSLR), and Apple (AAPL) led the packContinue Reading
BING-JHEN HONG Nvidia (NASDAQ:NVDA) was in focus on Wednesday as Citi raised its price target on the semiconductor giant, citing its plans for 2025 to build its GB200 GPUs in both the NVL36 and 76 configurations. Shares rose 2% in premarket trading. Although the major cloud service providers account forContinue Reading
The stock indexes were mixed this week, as investors and traders assessed a string of economic data, including U.S. PMI composite that ticked up unexpectedly in flash June print. This comes days after U.S. Federal Reserve kept its benchmark policy rate unchanged for a seventh straight meeting, even though policymakersContinue Reading
Thitima Uthaiburom/iStock via Getty Images Individual investors have been moving more capital into chip stocks, in particular Nvidia (NASDAQ:NVDA) and levered tech exchange-traded funds, but an overall lull in purchases of stocks and ETFs by that cohort has continued through Q2, according to Vanda Research. Vanda in a mid-week noteContinue Reading
