Jim Stoeffel and Brendan Hartman of Royce Investment Partners have a “picks-and-shovels” approach to AI-based computing infrastructure.
Nvidia’s stock is staging a sharp rally on an upbeat day for the chip sector.
The German company said the penalty “for alleged anti-competitive” violations could could ultimately exceed €400 million ($433 million),
Lucid’s stock rallied Monday, after the electric-vehicle maker reported a big jump in deliveries in the second quarter.
Wolfe Research cuts JPMorgan to peer perform and highlights Bank of America as an outperforming stock.
Koss shares were down 15.4% in premarket trades Monday, putting it on pace to snap a two-day winning streak.
HilleVax Inc.’s stock cratered 89% early Monday, after the biotech said it would discontinue development of a vaccine against norovirus for infants after a trial missed its main goals.
Guggenheim says the monetization of generative AI “is not happening en masse and is not likely to materialize this year.”
