Dow Surges on Inflation Data
The Dow Jones Industrial Average rallied more than 300 points Wednesday, while tech stocks briefly turned as bond yields remained relaxed following inflation data.
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CoinDesk•Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•Analyst revises Google parent Alphabet's stock price target before earnings
Here's what could happen next to Alphabet's shares.
TheStreet•Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
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Wall Street doesn’t get any credit for the move. There are no stock upgrades or price- target changes to cite.
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Berkshire stock produced huge gains for decades. But what about the last five years?
Motley Fool•Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.
There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, Goldman says.
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