Tech stocks and AI lift Wall Street to more records
U.S. stock indexes rose to more records after tech companies talked up how much artificial intelligence is boosting their ...
Intel's New Co-CEO Talks Up Financial Discipline
Intel's new co-CEO on Wednesday talked up the importance of more spending discipline as the chip giant works to execute the strategy put in place by former Chief Executive Pat Gelsinger. The comments ...
Marvell Stock Soars 23% as Strong Demand for Custom Artificial Intelligence (AI) Chips Drives Q3 Results and Guidance Above Expectations
Wall Street was looking for adjusted EPS of $0.40 on revenue of $1.45 billion, so Marvell surpassed both expectations. In the quarter, Marvell generated cash of $536.3 million run ...
How major US stock indexes fared Wednesday, 12/4/2024
U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The S&P 500 climbed 0.6% Wednesday to add to what looks to be one of ...
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI’
Marvell Technology shares led Nasdaq 100 stocks higher in the wake of strong fiscal third-quarter results released after the ...