Browsing: tech stocks
Top Wall Street bear surrenders to bull market and flips forecast, now seeing the S&P 500 soaring to 6,000 by year-end
With the S&P 500 Index setting record after record, Evercore ISI is predicting another double-digit rally through the end of…
The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says
Wall Street has been puzzling over the U.S. economy’s continued resilience in the face of aggressive rate hikes from the…
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
Nvidia stock has continued its stunning rally this year, sending the AI chip leader’s valuation past $3 trillion and making…
Wall Street forecasters are struggling to keep up with the stock market’s relentless surge as the S&P 500 blows past year-end targets
Goldman Sachs Group Inc. strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting…
Cathie Wood’s ARK Invest predicts Tesla stock will surge 1,350% over the next five years. Elon Musk says it’s an ‘extremely challenging, but achievable’ target
Bill Gates once famously said people tend to overestimate the amount of change that can occur in one year, but…
The S&P 500 will be reshuffled: Here are the stocks joining the index—and the stocks getting booted
KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest…
Elon Musk’s $56 billion Tesla pay package to get ‘no’ vote from Norway’s sovereign wealth fund
Norway’s $1.7 trillion sovereign wealth fund said it would vote against the $56 billion pay package for Tesla Inc. Chief…
AI stock frenzy helps mint 600,000 millionaires in the U.S., trouncing the rest of the world
Artificial intelligence’s boost to financial markets helped the U.S. trounce the world in millionaire growth last year, when their ranks…
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
In just the past year, AI chip leader Nvidia has soared more than 200% into the upper echelon of the…
Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue
Michael Dell’s wealth tumbled the most in a single day after the computer company he founded posted results that disappointed…