Nvidia shares were soaring 10% afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report.
Read More Nvidia’s split of soaring stock could boost retail investor appeal, Dow chancesTag: market value
Cisco rises as networking equipment demand rebound takes root
The world’s largest networking equipment maker had struggled with sluggish demand as customers adjusted piled up inventory from frenetic buying during the pandemic.
Read More Cisco rises as networking equipment demand rebound takes rootApple shares jump as record buyback, sales growth forecast lure investors
Apple shares jumped nearly 7% on Friday as the iPhone maker’s record stock buyback plan.
Read More Apple shares jump as record buyback, sales growth forecast lure investorsApple set for big sales decline as investors await AI in iPhones
Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday.
Read More Apple set for big sales decline as investors await AI in iPhonesWall St rises as Big Tech charges higher
Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
Read More Wall St rises as Big Tech charges higherChipmaker Intel falls as AI competition hurts forecast
The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecast