To The Moon

Wood says lead times are coming down for chip ordersSemiconductor stocks are among the best performers this yearCathie WoodCathie Wood says semiconductor stocks may endure a market correction as the s

U.S. daylight saving time begins on Sunday, March 10, 2024. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.At that time, the regular trading period of the US stock market wil

On Thursday, Cathie Wood-led Ark Invest made some significant trades, with Coinbase Global Inc (NASDAQ:COIN) and Palantir Technologies Inc (NYSE:PLTR) being the most prominent.

U.S. stock index futures dipped on Thursday as investors refrained from making big bets ahead of crucial inflation data that could hold the key to the timing of interest rate cuts by the Federal Reser

Financial markets last year were defined by the rise of Artificial Intelligence , with some analysts describing AI as the “saviour” of the S&P 500. Among those AI stocks, Nvidia was a clear standout, climbing more than 230% in 2023 and becoming the eighth ever company to hit US$1 trillion in valuation. However, with such an explosive rise to stardom, some questions have naturally arisen:. How did Nvidia become so important to AI?What are the risks for Nvidia looking forward?GPUs are microchips designed to output graphics onto computer screens; and Nvidia, with its origins in the video games industry, has long been the industry leader in that market, maintaining almost 80% market share in 2023.But Nvidia’s GPUs didn’t matter in the AI rally because of their graphics rendering capabilities, instead it was their prowess in data processing that was the focus, a feat largely attributed to Nvidia’s proprietary software CUDA .The market believes revenue growth will overwhelmingly come from d

Australian shares steadied ahead of this afternoon’s interest rate announcement as a strong trading