Artificial intelligence-related stocks are currently trading at rich valuations after more than a year of investor excitement around the trend. But while fundamental factors around these names are supportive of their multiples, the market isn't in the all-clear zone, according...
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | ReutersNvidia's blistering rally will force a major tech fund to acquire more than $10 billion worth of shares of...
Adobe headquarters in San Jose, California, US, on Thursday, Nov. 30, 2023.David Paul Morris | Bloomberg | Getty ImagesThe U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its...
The stock market could continue rallying to record heights from here, according to Evercore ISI. The firm raised its year-end target for the S & P 500 to 6,000 from 4,750. This updated forecast is 10.5% higher than Friday's closing...
Apple Watch Series 9Source: Apple Inc.Apple Analyst Ming-Chi Kuo said in a blog post on Monday that the next Apple Watch will be thinner and have a larger screen.The Apple Watch Series 10 is expected to be released in September...
The divergence between the broader stock market and a handful of massive technology companies continues to hit new milestones. BTIG technical strategist Jonathan Krinsky said in a note to clients Sunday that the market-cap-weighted S & P 500 is abnormally...
A pharmacist holds boxs of Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023. George Frey | Bloomberg | Getty ImagesSkyrocketing demand for a class of weight loss and...
IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024.Kevin Dietsch | Getty ImagesThe U.S. Department of the Treasury and the IRS on Monday unveiled a plan to "close a major tax loophole"...
Austria's Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology Leonore Gewessler reacts before an extraordinary European Union energy ministers meeting at the European Council headquarters in Brussels on December 13, 2022.Valeria Mongelli | Afp | Getty ImagesEuropean Union...
Here are five key things investors need to know to start the trading day:1. All mixed upThe major averages ended last week mixed as the S&P 500 and Nasdaq Composite both notched their seventh positive week in the last eight,...
