The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stock indexes Tuesday...
Emulation falls flat in some cases.
The world's smartest billionaire money managers are dumping shares of artificial intelligence (AI) kingpin Nvidia in favor of two other rapidly growing companies.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. Stock indexes today are mixed....
We also take a look at the Gartner Hype Cycle.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. Stock indexes today are mixed....
Are analysts right to be pessimistic about these AI stocks?
Nvidia and Arm Holdings were the best-performing Nasdaq-100 stocks during the first half of 2024, but Wall Street expects Arm to decline sharply in the coming months.
These stocks have more than doubled the return of the index in the first half of 2024.
ARM Holdings (NASDAQ: ARM), a leading player in the semiconductor and artificial intelligence (AI) industries, saw its stock price soar by 8.3% this morning. The sharp increase follows several key developments...