The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD) a boost. In the video above, Morning ...
Microsoft added 2.0%, Tesla gained 4.2% and Apple advanced 2.6%. Semiconductor stocks such as Nvidia rose 4.7% while Advanced ...
Broadcom was originally a semiconductor and electronics company, but since merging with Avago Technologies in 2016, it has ...
Traders optimistic after the US Federal Reserve chairman Jay Powell signalled a series of cuts are likely to follow ...
Apple is said to be currently working on developing its own Wi-Fi chips, with the possibility of introducing them in new iPad ...
Wall Street's main indexes soared on Thursday with the S&P 500 and the Dow hitting intraday record highs after the Federal ...
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Historically, Nvidia shares have done well after rate-cut announcements when looking out several months. On average, the stock has seen a 6.9% gain in the month after a rate cut, a 16.6% gain in the ...
Broadcom's strong portfolio and expanding AI offerings make its top-line growth prospects bright. However, prospects don't ...
JPMorgan downgraded NXP Semiconductors (NASDAQ: NXPI) to Neutral in a note Thursday, citing concerns over the auto market's potential for multi-quarter weakness. The shift in outlook comes as global ...
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...
Among the winners were Broadcom (NASDAQ: AVGO), which was up 4%; Taiwan Semiconductor (NYSE: TSM), which had gained 4.3%; and ...