|Day's range||130.34 - 131.56|
As bullish sentiment rose in the month of May, Nvidia became one of the most sold stocks by investors as the chipmaker crossed a $1 trillion market value milestone. TD Ameritrade Trading Strategist Alex Coffey joins Yahoo Finance Live to look at the most bought and sold stocks that month.
It's time to call out some trends to watch in the stock market before hitting the surf and sand.
Nvidia stock has been a top performer in the semiconductor market, but don't overlook these four chip stocks that can benefit from emerging technology.
Intel's foundry business has many hurdles to overcome before becoming a top contender in chip manufacturing.
With Accenture's team of experts, it can help integrate AI and many other popular solutions into a client's product or internal systems. Because of its leadership role, Accenture also makes a great investment. Read on to find out why Accenture looks like an outstanding stock to buy in this operating environment.
Over a half-dozen high-flying stocks have split their shares in recent years. One stands out as a surefire buy in June, while another is priced for perfection in an imperfect industry.
The market might be wrong about Nvidia's future, but that doesn't mean the stock will keep rising in the near term.
These three names got a boost on Nvidia's strong guidance, as each plays a role in manufacturing leading-edge GPUs.
With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.
Doubted by Wall Street, these three hypergrowth contrarian ideas could boost your investment returns.
Billionaires are scooping up shares of stocks that could profit enormously from the ongoing AI boom.
Investors are buzzing about Nvidia (NASDAQ: NVDA) after it reached a $1 trillion market capitalization at the end of May. Now trading at just under $400, Nvidia joins a rarefied elite of just four other U.S.-based companies -- Apple, Alphabet, Microsoft, and Amazon -- with trillion-dollar market valuations. Although Nvidia is obviously a strong play on the future growth of the tech industry, could it also be a sneaky crypto play? Nvidia already provides the specialized graphics processing units (GPUs) required for cryptocurrency mining rigs.
Nvidia (NASDAQ: NVDA) stock has gone on an absolute tear, on both the hype around AI and the reality that it's going to sell a lot of its chips that are powering the AI revolution. Is the stock a rocket headed to the moon, or has it already gotten there and is coming back to earth? In this video, Motley Fool contributors Jason Hall and Jeff Santoro offer two reasons why waiting for the dip makes sense, and one reason why you might want to buy shares now.
Advanced Micro Devices (NASDAQ: AMD) has caught the attention of Wall Street this year, with its stock up 82% since Jan. 1. Investors have rallied as the company's potential in the future of artificial intelligence (AI) has strengthened. Here are three things about AMD that smart investors know.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
Dividends and tech stocks don't often go together. Many tech companies are so focused on growth, that there isn't much cash left over at the end of the day to fund a dividend. In fact, if you're looking for a balance between growth and income, dividend-paying tech stocks are a great place to start.
In this podcast, Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Nvidia's AI-fueled earnings report and the company's historic pop. Intuit's latest results and how proposed IRS free-file software could affect the company.
Nvidia's (NASDAQ: NVDA) latest results fit this description perfectly, although the key focus of its report was its outlook. Before this quarter, Nvidia struggled to drum up demand for its graphics processing units (GPUs) thanks to a weak PC market. This headwind is still raging, as GPUs used for crypto mining and gaming continue to struggle -- gaming revenue was down 38% to $2.24 billion in Q1 of FY 2024 (ending April 30).
The legendary investor won't be concerned about potentially missing out on a huge AI opportunity.
Fool.com contributor and finance professor Parkev Tatevosian elaborates on how the rise of AI is likely to bring more competition to Nvidia (NASDAQ: NVDA). *Stock prices used were the afternoon prices of May 30, 2023.
During a banner month for AI stocks, C3.ai (NYSE: AI) was among the big winners, jumping a whopping 125%, according to data from S&P Global Market Intelligence. C3.ai stock, which has been volatile all year, jumped on a better-than-expected preliminary earnings report; it concluded its short-seller investigation without finding any wrongdoing and got another tailwind when Nvidia gave much better guidance than expected for the second quarter, showing investors that demand for AI chips is soaring. Most of the stock's gains in the second half of the month after the earnings report, and it then soared following the Nvidia news.
The chipmaker delivered an upbeat sales forecast and believes that generative AI will usher in a new computing era.
Intel stock has not benefited much from the AI craze, but could the market be wrong about this chip giant?
As the trading day comes to a close, Yahoo Finance Live breaks down the top tickers of the day, including Lululemon, SentinelOne, and AI stocks such as Nvidia and C3.ai.
Just a handful of tech stocks, including Apple, Microsoft, Nvidia, Tesla, and Amazon are responsible for the most of the big gains we have seen in the Nasdaq. Michele Schneider, Chief Strategist at Marketgauge.com tells Yahoo Finance Live why she thinks it would be "healthy" to see some of these stocks pull back.