BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Artificial intelligence (AI) has been a dominant investment theme on Wall Street in the past couple of years. Considering the rapid and broad usage of these technologies and their transformational nature,
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
We never did get a Santa Claus rally to close out last year and the overall weakness with which 2025 began is worth noting.
Semiconductor chip stocks, including Nvidia, AMD, Broadcom, TSM, STM, MRVL, MU, ARM, and SMCI surged ahead of CES, boosted by Microsoft's $80B AI investment and Foxconn's record revenue.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Broadcom (NASDAQ:AVGO) and the best and worst performers in the processors and graphics chips industry.
Broadcom reported sales of $14 billion in the quarter (which ended Nov. 3), an increase of 51% from the year-ago quarter and mostly on par with analysts' consensus estimates. The company's non-GAAP (adjusted) diluted earnings increased by 28% to $1.42 per share, sparking investor enthusiasm, considering Wall Street's average estimate was $1.38.
Nvidia supplies leading hyperscalers with AI chips, but Broadcom's latest sales figures may not bode well for the company.
Artificial intelligence and the metaverse drove Meta Platforms Inc. ( META, Financials) growth in 2024. Although 500 million monthly active users made up threads, AI-powered tools raised advertisement income. By 19%, effective cost control enabled Meta to raise Q3 2024 income.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $823,000!* Stock Advisor provides investors with an
Discover how Nvidia Corporation's revenue soared in 2024, driven by hyperscaler investments in AI data centers, solidifying its dominance. Click for more on NVDA.
Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO 1.24%), Marvell Technology ( MRVL 0.80%), and Arm Holdings ( ARM 5.83%) rallied on Monday. At one point, they were up by 4%, 4.4%, and 5.4%, respectively. As of 1:26 p.m. ET, their gains had moderated to 1.2%, 1.7%, and 4.9%, respectively.