The S&P 500 reached a new record closing at 7,599.96, driven by strong performance in technology stocks, especially those linked to artificial intelligence like Nvidia. However, geopolitical tensions in the Middle East, including Iran's move to block the Strait of Hormuz, have caused oil prices to surge, raising inflation concerns. Investors are cautious ahead of new U.S. labor market data due Tuesday, with futures indicating a slightly lower open. Earnings reports from Dollar General and Victoria's Secret are also anticipated before the market opens Tuesday.
Micron's stock recently closed above $1,000 for the first time, driven by optimism about its role in the growing artificial intelligence market. Analysts highlight that Micron benefits from a favorable pricing environment, limited competition, and Nv...
TSMC is gaining from the AI chip competition as Nvidia, AMD, and Intel ramp up orders, with all three CEOs recently visiting Taiwan. The company raised its long-term gross margin floor to 56% but faces challenges from dilution due to new chip product...
At Computex 2026, ASUS introduced the ProArt P16 and P14 laptops and a Mini PC powered by NVIDIA's RTX Spark, designed for AI creators and developers. These devices feature up to 1 petaflop of AI performance, 128GB unified memory, and advanced NVIDIA...
AI-focused technology stocks have seen strong gains, but current enthusiasm appears unsustainable due to geopolitical and economic risks. Major companies are reducing AI token usage, raising questions about cost-effectiveness and unclear productivity...
Nutanix Inc announced that its Nutanix Unified Storage (NUS) solution has achieved enterprise-level Nvidia certification, confirming its compatibility with Nvidia's accelerated-computing systems. This certification validates NUS's performance, securi...
