The expeditious if not aggressive rollout of artificial intelligence (AI) has had its fair share of consequences—both positive and negative—in just a few years.
Stock futures are mixed after major indexes closed at record highs again yesterday, while oil prices are rising as investors monitor the conflict in the Middle East; chipmaking giant Broadcom is slated to report its quarterly results after the closing bell; the Trump administration is proposing new tariffs on dozens of countries over alleged failures to prevent goods made with forced labor from being included in their exports; Palo Alto Networks shares are slipping despite a solid earnings report from the cybersecurity provider; and the OECD is predicting a slowdown in economic growth this year due to the Iran war and the inflation it has caused. Here's what you need to know today.
Broadcom's fiscal Q2 earnings results are expected to highlight soaring AI chip demand and VMware-led software growth, while lower-margin XPUs pressure margins.
Wall Street heads into the first week of June riding a wave of record highs, but investors will have plenty to digest in the days ahead as fresh economic data, major technology earnings and ongoing developments in the Middle East compete for attention. The marquee event arrives Friday with the release of the May nonfarm payrolls report, which is expected to provide the latest snapshot of the US labor market.
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett's retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead.
AI can train and think inside data centers, but without 5G, it can never leave them. While data centers train the models, run inference, and orchestrate automation, AI's true application lies in physical AI and the Internet of Things (IoT).
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future, including heavily-popular artificial intelligence (AI).
JoAnne Feeney reveals the five stocks—from Broadcom to TJX—that she thinks stay strong even when markets lose momentum.
The Zacks Artificial Intelligence thematic screen features a diverse set of companies involved in the AI frenzy. Use it to your advantage.
While these three dividend-paying tech stocks aren't high-yield, the bullish EPS outlooks paired with rock-solid growth outlooks can't be overlooked by income-focused investors looking to obtain some AI exposure.
Google's $190B AI push supercharges demand for chips, putting NVDA, TSM and AVGO at the center of a booming semiconductor rally.
NVDA, AVGO and MU stand out as AI-driven winners as the Nasdaq hits record highs, fueled by tech earnings strength and surging demand for AI infrastructure.