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The S&P 500 and Nasdaq Composite set new intraday records Friday as key index component Tesla gained more than 6% and a weak consumer-confidence report added to the belief that the Fed will cut interest rates next week.
The $S&P 500 Index (.SPX.US)$ gained as much as 0.2% to a 6,600.21 intraday high as of shortly after 3 p.m. ET, while the $Nasdaq Composite Index (.IXIC.US)$ added 0.6% to a 22,181.55 session peak.
Both lev...

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Recently, AI concept stocks have performed strongly, with $Broadcom (AVGO.US)$ and $Oracle (ORCL.US)$ exceeding earnings expectations. Meanwhile, ' $NVIDIA (NVDA.US)$ -related stock' $NEBIUS (NBIS.US)$ surged as it secured a $19.4 billion AI computing deal with Microsoft!
What opportu...

Since the beginning of this year, the optical communication sector has surged riding the wave of AI, with some stocks such as $Lumentum (LITE.US)$ seeing their share prices double as of yesterday. Meanwhile, some traditional large tech companies like $Broadcom (AVGO.US)$ and $Marvell Technology (MRVL.US)$ are also making strides in optical communication.
In this analysis of optical communication, we addres...

The annual $Meta Platforms (META.US)$ Connect conference is scheduled for September 17-18, with Meta CEO Mark Zuckerberg's keynote address taking place at 5:00 PM PT on September 17th. It is widely expected that the company will unveil new Meta AI glasses featuring a heads-up display (HUD), considered a consumer version of the earlier Orion prototype.
Vast Prospects for the AI Glasses Market
AI glasses are regarded as the key product ...

Thursday's significant rise in the SOX index suggests that Nvidia's gamble not only profits Intel but also promises benefits for the entire supply chain due to increased industry CapEx expectations. $Intel (INTC.US)$ 's manufacturing involves chip design software, semiconductor equipment, semiconductor materials, and packaging and testing phases, where related companies saw significant stock price increases yesterday, inc...