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Tag: Advanced Micro Devices Inc

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Nvidia CEO Jensen Huang revived the AI trade this week. Here’s how the pros are playing it

Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to...

What’s likely to move the market

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. Brendan McDermid | ReutersStocks...

Major hedge funds bailed on some leading AI names

Major hedge funds ditched some of 2024's leading artificial intelligence names ahead of the third-quarter sell-off, according to regulatory filings. The documents released...

David Tepper’s Appaloosa cut a major Nvidia stake in second quarter

David Tepper's hedge fund slashed its position in leading AI chipmaker Nvidia during the second quarter and trimmed stakes in some of 2024's...

NVDA to rally more than 20%, META gets a price target hike

(This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest...

Early AI bets are helping a global tech fund outperform a second year

An early bet on artificial intelligence thanks to a simple investment framework is helping the T. Rowe Price's Global Technology Fund (PRGTX) outperform...

How major hedge funds invested in tech during the first quarter

Hedge funds took a diversified approach to technology investing in the first quarter as the sector built on its 2024 rally. Technology stocks...

Stocks expected to have biggest moves on earnings this week

As the busy first-quarter earnings season moves along, several stocks still set to report could be due for big swings. First-quarter earnings have...

Thinking beyond Nvidia to other AI stocks earned this investor once-in-a-lifetime returns

Identifying a stock before it takes off is an elusive goal many investors share, but spotting three in one sector at the same...

This semiconductor ETF is headed for its best quarterly gain in a year

Semiconductor stocks are off to another hot start to the year. The VanEck Semiconductor ETF (SMH) is up 28.5% in the first three...

How to trade the market after this week’s rally to record highs

Wall Street had itself a very good week. The Dow Jones Industrial Average popped 2% for its biggest weekly gain of 2024. That...

Retail traders are bailing on 3 of the hottest AI plays in the market today

Everyday investors appear to be taking profits on some of the most popular artificial intelligence stocks, according to JPMorgan. After subtracting for outflows,...