2024 has gotten off to a sizzling start in the stock market. The S&P 500 is up 7%, while the tech-heavy Nasdaq Composite has rallied 6% as artificial intelligence (AI) euphoria continues to dominate. One company that seems to have lost its groove, however, is Snowflake (NYSE: SNOW). Shares of the database management company are …
New technologies are exciting, but investors chasing the next big trend can get burned. Artificial intelligence (AI) might be the hottest thing on Wall Street in some time. Hype over its potential has played a significant role in driving the stock prices of many companies connected to the industry higher since last year — among …
Check out the list of best-performing AI stocks by 2030 for strong growth in the stock market Each new technology has its own set of implications. The internet, for example, changed the world. 3D printing hasn’t changed the world. At least, not yet. There’s a lot of buzz around Artificial Intelligence (AI), but it …
New Delhi,UPDATED: Apr 2, 2024 09:08 IST The debate over working from home has taken centre stage once again, with Zerodha CEO Nithin Kamath weighing in on the discussion. In a post on X, Kamath expressed his views, stating that while remote work suits support roles well due to its structured nature, it may not …
By 2030, the Global semiconductor industry is predicted to grow to a whopping Rs. 8.28 lakh crore or $1 trillion and Indian semiconductor demand is expected to go beyond $110 billion. In 2024, the revenue in the Indian Semiconductor market is expected to hit Rs. 68,954.57 crore or $8.32 billion. Among these, Integrated Circuits hold …
The broad surge of interest in artificial intelligence (AI) has been boosting the stock market for more than a year now, stretching back to OpenAI’s release of the ChatGPT chatbot in November 2022. Since then, a handful of early leaders in AI technology have soared into the stratosphere. AI accelerator chips drove Nvidia‘s stock more …
Nvidia is scheduled to announce its fourth-quarter earnings following the close of the U.S. market on Wednesday (Feb. 21), and analysts expect AI chips to be vital to the company’s trajectory. Investors will closely examine remarks from Nvidia CEO Jensen Huang for insights into the sustainability of the company’s substantial growth. In the last year, …
The shares of the leading global optical and digital solutions provider gained up to 9 percent after the company announced its strategic partnership with Lumos to build fiber optic internet infrastructure in the US. With a market capitalization of Rs 5,786.74 crore, the shares of Sterlite Technologies Ltd closed at Rs 145 per share, increasing …
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) – Next week’s earnings report from chipmaker Nvidia could prove a gut check for one of the market’s hottest names, and for the artificial intelligence fever that has helped power gains for U.S. stocks in recent months. Excitement over the business potential of AI has …
Growth investors went through a tough stretch in 2022 that saw the Nasdaq Composite fall more than 35% at its low. That feels like the distant past after the technology-heavy index roared back in 2023 with 43% gains. It now trades just 2.5% from its all-time high. History indicates investors could be in for more …