Business

Nvidia’s (NVDA) ultra-bullish trend in the first half of the year has paused, with the stock failing to reach new peaks over the past few months. Following the highly anticipated Q2 earnings report at the end of August, Nvidia stock experienced a pullback due to elevated investor expectations for hypergrowth, …

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM) chips, pulling ahead in a race to meet demand from an artificial intelligence (AI) boom. Shares of …

Some wealthier millennials and Gen Zers are over-saving for retirement.Getty Images Nearly half of Americans retiring at 65 risk running out of money, Morningstar finds. Single women face a 55% chance of depleting funds, higher than single men and couples. Experts advise better tax planning and diversified investments to mitigate …

Getty; Chelsea Jia Feng/BI Hedge fund manager Eric Jackson believes an ‘everything rally’ can take hold in the stock market. Jackson compared the current economic environment to the 1982 bull market, when rates dropped and the economy grew. Interest rate cuts, economic growth, and yield curve changes favor risk assets, …

(Bloomberg) — Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear. Most Read from Bloomberg Fiscal first-quarter revenue will be about $8.7 billion, the company said in a statement …

How Vistra Stock Overtook Nvidia to Become the S&P 500’s Best Performer Source link

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Micron Stock Jumps on Strong Results. ‘Robust AI Demand’ Is Boosting Revenue. Source link

KB Home stock slumped nearly 5% after the homebuilder reported earnings per share and net orders for the third quarter that fell short of analyst expectations the previous day. The homebuilder posted adjusted earnings per share of $2.04 in Q3, lower than Wall Street’s estimates of $2.06 a share, per …

Micron (MU) is the first chipmaker to report quarterly results this earnings season. Its report, scheduled for release after the bell on Wednesday, will provide insight into how the semiconductor sector is faring amid high expectations from Wall Street. Micron’s memory chip business has undergone a resurgence over the past …