Memory Companies are Having a Bad Year, But an AI Silver Lining Emerges
Shares of memory chip manufacturers like Samsung could witness a fresh surge next year as the AI boom unlocks a new growth venue.
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Microsoft is scheduled to report its Q3 results on Tuesday, with analysts being especially focused on three specific areas.
Shares of memory chip manufacturers like Samsung could witness a fresh surge next year as the AI boom unlocks a new growth venue.
TD Cowen analysts hiked their price target on Nvidia stock from $600 to $700 despite its 226% year-to-date rally.
Amidst the tech craze caused by emergence of generative AI solutions, there is a stock that may have been overlooked.
Analysts at KeyBanc Capital Markets downgraded Apple's stock amid concerns over the company's valuation and sales outlook.
Palantir's stock surged more than 15% this week after the company won a major AI contract with the US government.
Workday plunged over 9% on Thursday after the software company slashed its revenue growth outlook for the next three years.
Micron's stock fell in the premarket after the chipmaker issued mixed guidance for the fiscal Q1 2024.
Most of S&P 500's rally comes from the top 7 components, suggesting a notably lopsided US equity market.
Shares of Amazon gained over 1% on the news that the company is looking to invest up to $4 billion in AI startup Anthropic.
Adobe's shares dipped on Friday despite a robust Q3 report, raising questions whether its AI rally is already priced in.
South Korea's small-cap Kosdaq index, driven by meme stocks, has become one of the world's best-performing indices.
Apple is allocating millions of dollars to the development of AI models as the tech giant seeks to compete with Microsoft's OpenAI.