Nvidia (NVDA) reclaimed the $5 trillion market cap crown on Friday, according to data from Yahoo Finance, as a powerful rally in chip stocks buoyed by earnings from Intel (INTC) and a nuclear power deal with Oklo (OKLO) boosted shares. Shares gained as much as 5.2% in afternoon trading, adding $260 billion in value to…
In the last trading session of 2023, stock markets witnessed a positive rally on Tuesday morning, building on the momentum of the year-end rally. Optimism about a soft landing is gaining strength and more positive outlooks for 2024 are taking hold. During morning trading, the Dow Jones Industrial Average (^DJI) hovered just above the flat…
For decades, Intel (INTC) was the crown jewel of the tech industry. It dominated the CPU market, generated tens of billions in annual profits, and was a dividend favorite for income investors. But over the past 10 years, Intel has fallen from glory, trying to compete in the era of AI-powered semiconductors, dominated by Nvidia…
