There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom. Will embracing next-generation large language models (LLMs) actually lead to an earnings boost? And when will such a boost be on the horizon?

This triggered massive selloffs in megacap stocks. Nvidia (NVDA) fell 17%, losing over $500 billion in market capitalization -- a record-breaking decline, larger than the entire market cap of companies like Mastercard (MA), Netflix (NFLX), Costco (COST), and Bank of America (BAC).

PALO ALTO, Calif. - Broadcom Inc. (NASDAQ:AVGO), a prominent player in the Semiconductors industry with a market capitalization of $947 billion and impressive 75.2% gross profit margin, has launched a new line of Emulex Secure Fibre Channel Host Bus Adapters (HBAs) designed to encrypt data on the move between servers and storage arrays.

Discover how the $500 billion AI infrastructure initiative by OpenAI, SoftBank, Oracle, and MGX is creating investment opportunities in multiple sectors.

Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.

The Wall Street rally appears to have returned after Donald Trump took over as the President to begin a new term. Major indexes have resumed their northbound journey since the beginning of the ...

Shares of many artificial intelligence (AI)-related semiconductor names were moving higher on Wednesday, including Broadcom(NASDAQ: AVGO), Lam Research(NASDAQ: LRCX), and Monolithic Power(NASDAQ ...

The enthusiasm surrounding AI has already been driving the broader market rally since 2024. The S&P 500 gained 23.3% in 2024 after climbing 24.2% in 2023. The index jumped 53% in the last two years, recording its best performance since the 66% gain in 1997-98.

US Dollar South African Rand, Gold Spot US Dollar, Dow Jones Industrial Average, Euro Stoxx 50. Read Adriaan Pask's latest article on Investing.com South Africa.

(Reuters) - Futures tied to the S&P 500 and the Nasdaq were higher on Tuesday after steep losses in the previous session, when the popularity of a low-cost Chinese artificial intelligence model rattled stocks of U.S. companies invested in the technology.

Parnassus Value Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its Q3 2024 investor ... high-conviction positions including Broadcom Inc (NASDAQ:AVGO).

Oracle Corporation (NYSE:ORCL) offers products and services that ... and collaborating with semiconductor companies TSMC and Broadcom.