Arm Holdings (NASDAQ: ARM) stock has been in sizzling form on the stock market in 2024, rising nearly 90% as of this writing thanks to a string of solid results in recent quarters that have bested Wall Street’s expectations, and the company’s latest quarterly results have further boosted investors’ confidence in this British company’s growth prospects.
LeBron James will soon turn 40 years old. Usually, by this time in their careers, most NBA players are either retired or barely play like their prime selves. However, the Los Angeles Lakers superstar continues to defy the odds in his 22nd season of his NBA career.
James once again proved that he is still an elite player during the Lakers’
» Read more about: LeBron James clears his stance on retirement plans »
Unifi Asset Management Pvt. Ltd. announced that it has received the final registration from the Securities and Exchange Board of India to commence its mutual fund operations.
“After 23 years as a portfolio manager, it’s a very logical moment in our institutional journey to establish a mutual fund that will complement our time-tested services,” said Unifi Capital Founder Sarath Reddy in a statement.
» Read more about: Unifi Asset Management set to begin mutual fund operations »
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term.
» Read more about: Top 4 Energy Stocks That Could Blast Off In November »
We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other trending AI stocks on latest news and analyst ratings.
OpenAI, the AI startup of ChatGPT fame,
» Read more about: NVIDIA Corp (NVDA): Citi Raises Price Target Amid Blackwell Sales Optimism »
Nvidia stock was edging down early on Friday with the chip maker’s shares still stuck just below record highs ahead of its coming earnings. Nvidia shares were down 0.5% at $146.01 in premarket trading. The company continues to hover near recent record highs as large technology companies invest in a fleet of AI data centers which are expected to be powered by Nvidia’s hardware.
» Read more about: Nvidia Gets a Price Target Hike. The Stock Is Down Anyway. »
The National Stock Exchange of India Ltd. is discontinuing weekly contracts on the Nifty Bank Index of major lenders …
» Read more about: Contract that made India top options market has last trading day »
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday.
“As long as we keep making progress toward the 2% inflation goal over the next 12 to 18 months, rates will be a lot lower than where they are now,”
» Read more about: Fed's Goolsbee says the big picture is that rates are moving lower »
The S&P 500 price has broken below the 22-SMA, signaling a shift in sentiment from bullish to bearish. Nevertheless, bulls are in the lead on a larger scale since the price recently rose. At first, the bullish trend paused to consolidate between the 5745.91 support and the 5900.12 resistance.
However, bulls recently broke out of this range to make a new high at 6050.88.
» Read more about: Bitcoin, Gold, S&P 500: Market Participants Hold Breath After US Elections »
Palantir’s (NYSE: PLTR) 2024 run is showing no signs of cooling. The stock’s inclusion in the S&P 500 index is seemingly beginning to pay off, with more institutions showing interest in the American software company.
This comes as PLTR has traded at a new all-time high of almost $63. Palantir was trading at $59.18 as of press time,
» Read more about: Should you buy Palantir stock as S&P 500 inclusion begins to pay off? »