AI and semiconductor stocks surge after Nvidia’s earnings beat

A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence and semiconductor chip stocks rallied Thursday after U.S. chip design firm Nvidia beat Wall Street’s expectations for fourth-quarter earnings and revenue on Wednesday and projected … Read more

Clocktower’s chief strategist says Chinese stocks will likely rally 10%

An investor watches a board showing stock information at a brokerage office in Beijing, China. Jason Lee | AP BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts, said Marko Papic, partner and chief strategist at Clocktower Group. Papic pointed in particular to Bloomberg’s … Read more

Top Wall Street analysts are upbeat about these 3 dividend stocks

Investors seeking a steady stream of income in these uncertain times can consider adding some attractive dividend stocks to their portfolios. The selection of the right dividend stock involves a thorough analysis of the fundamentals of a company and its ability to sustain its dividend payments. Bearing that in mind, investors can follow the recommendations … Read more

Tech stocks wrap up 2023 rally after last year’s slump

The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 … Read more

Global stocks search for new highs

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks nudged higher on Thursday as global markets search for new record highs to close out the year. The pan-European Stoxx 600 index was up 0.3% in early trade, with … Read more

Chinese online gaming stocks rebound after regulator’s assurance on new rules

A mobile phone is displaying the screen of Tencent Games company’s stock plunge in Suqian, Jiangsu Province, China, on December 22, 2023. Costfoto | Nurphoto | Getty Images Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country’s top gaming regulator said it will “carefully study” the concerns of … Read more

Here are 3 stocks other than Nvidia getting AI premium from investors

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner for investors this year in the generative AI boom was Nvidia. The company’s stock price rocketed 234% as demand soared for the chipmaker’s processors that … Read more

Profit-taking, economic worries? Sudden stocks sell-off confounds analysts

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City.  Michael M. Santiago | Getty Images After nine straight sessions of gains, Wall Street suddenly took a turn around an hour and a half before the closing bell on Wednesday, leading the S&P … Read more

Europe stocks are set to outperform the U.S. in first half of 2024, strategists say

European equities are set to outperform the U.S. in the first half of 2024 — but they need to get through some near-term headwinds first, strategists told CNBC. “We are generally quite positive on next year,” Maximilian Uleer, head of European equity and cross-asset strategy at Deutsche Bank, told “Squawk Box Europe” on Wednesday. “Three … Read more