Key Points Space Exploration Technologies (NASDAQ: SPCX) and Nvidia (NASDAQ: NVDA) may not seem like related companies, but they are. SpaceX also owns xAI, which makes the Grok AI model. It needs a lot of computing power to run the operation, and it’s turned to none other than Nvidia to supply it. SpaceX Chief Executive ...
Memory stocks have reemerged as the biggest beneficiaries of the AI infrastructure boom, with Micron Technology MU) and SanDisk SNDK) delivering extraordinary rallies. Over the last month, Micron shares are up nearly 20%, with SanDisk stock rising over 25%. Year to date, SNDK has skyrocketed almost 700%, with MU spiking more than 270%, as tight ...
Key Points One new tech position Ackman and his team initiated is the streaming platform Netflix. Netflix stock has gotten crushed, as investors worry about engagement trends. The shift to shorter-form content and potential for AI to disrupt the streaming industry has the market concerned. 10 stocks we like better than Netflix › In the ...
Key Points Tesla made a rare cut to its vehicle pricing in China to offset slumping deliveries. A key part of Tesla’s broader China strategy is exports, and its currently offsetting domestic weakness. With the brutal price war in China, exports are often more profitable for automakers. These 10 stocks could mint the next wave ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis Emerging Markets Equity ETF (Symbol: AVEM) where we have detected an approximate $276.5 million dollar inflow — that’s a 1.0% increase week over week in outstanding units (from 298,500,000 to 301,400,000). Among the largest ...
Key Points It has been a roller-coaster ride for Tesla (NASDAQ: TSLA) stock in recent years. In 2021, the stock reached a high of roughly $400 per share, only to collapse to nearly $100 per share in 2023. The stock then surged above $400 in 2025, only to collapse once again below $250 that same ...
Meta Platforms META is heading into Meta Connect 2026, the company’s annual product showcase. The timing is important. Meta Connect is scheduled for Sept. 23 and 24. META stock surged more than 11% yesterday. Before that jump, shares had gained only a little more than 2% so far this year. The strong rally yesterday came ...
Key Points The Federal Reserve recently did something it hasn’t done for three years: It raised interest rates. In his first big policy shift as Fed chair, Kevin Warsh, who took the post in May, said, “inflation is too high and has been for too long.” The move, a quarter-point increase to the range of ...
Advanced Micro Devices AMD) and Meta Platforms META) were two of Monday’s biggest mega-cap winners, with both stocks surging roughly 10% as enthusiasm around artificial intelligence returned in force. AMD reached a $1 trillion market-cap threshold for the first time, joining Meta in the exclusive trillion-dollar club, as investors piled back into AI-related semiconductor stocks. ...
NVIDIA Corp. NVDA is back to being a Zacks Rank #1 (Strong Buy). Are you in? NVIDIA is the leading AI and accelerated computing company in the world. It is in the exclusive “trillion-dollar” club. NVIDIA has a market cap of $5.4 trillion. NVIDIA Beat Again in the Fiscal Second Quarter 2027 On Aug 26, ...
