Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.05%. US stock indexes...
Super Micro surprised investors by not preannouncing a big quarter this time.
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Soundhound AI's shares have surged, thanks to Nvidia's investment in the company and growing enthusiasm surrounding AI. After a steep pullback, is the stock still overvalued?
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.92%. US stock indexes this...
After the AI-fueled optimism to begin the year, a weaker than expected outlook from ASML and TSMC cooled the red-hot chip sector.
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Analysts at Citi expect a relatively muted earnings season from the chip industry, but they're still bullish on these top picks from the artificial intelligence and semi equipment specialties.
High-flying AI stocks aren't the only game in town.