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Nvidia Stock Surges as Foxconn Announces Massive AI Server Facility

Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Nvidia (NVDA) shares surged on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, announced strong demand for AI servers. During its annual tech day, Foxconn revealed it is constructing the world’s largest AI…

ByPexecoOctober 9, 20240Comments

Stocks

Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback. Microsoft shares extended their rally for the seventh consecutive session on Tuesday, fueled by the company’s announcement of a 10% increase in…

ByPexecoSeptember 18, 20240Comments

News

Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year

KEY TAKEWAYS Stock market volatility has surged in recent weeks. Over the last 10 days, the S&P 500's average daily move was 1.02%, the highest since March 2023. There wasn’t a single day that the S&P 500 moved more than 1% between June 6 and July 9, two days before a soft inflation report surprised…

ByPexecoAugust 4, 20240Comments

European Central Bank ready to cut?

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ECB June cut in the works?

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Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year