Three Tech Stocks that Aim to Be Leaner in 2024
AI and recession concerns place pressure on tech companies.
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BTC$63,742.00-0.63%
ETH$1,662.41-0.87%
USDT$0.9994-0.01%
USDC$0.9998+0.00%
XRP$1.13-1.13%
SOL$67.43-0.95%
TRX$0.3188+0.47%
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USDS$0.9997-0.01%
LEO$9.72+0.83%
RAIN$0.013+0.39%
ZEC$424.29+2.30%
XMR$341.04-1.04%
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AI and recession concerns place pressure on tech companies.
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DWAC opened 18% higher on Monday, expanding its recent momentum driven by Donald Trump's victory in Iowa.
Bank of Hawaii reports a challenging Q4 2023 with an EPS of $0.72, impacted by higher FDIC assessments, marking a deviation from the expected $0.97 EPS.
Nvidia stock rose ahead of market open on Friday after Meta announced plans to acquire 350,000 H100 AI chips.
After topping the list in 2022, Tesla was once again one of the most shorted large-cap stocks last years.
TSMC says the ongoing AI boom and demand for high-performance computing could boost its revenues by up to 26% this year.
Northern Trust Corporation's (NASDAQ: NTRS) Q4 2023 performance marked a significant departure from expectations, with an EPS of $0.52 against the forecasted $1.35.
Fastenal Company (FAST) exceeded market expectations in Q4 2023, with an EPS of $0.46 outshining the forecasted $0.45.