In a strong week for Wall Street, a wide-ranging group of Club stocks marched higher, including both of our chipmakers benefiting from the artificial intelligence boom. Here's a breakdown of the Club's top-five performers over the past five sessions.
mountain Broadcom year-to-date performance Shares of Broadcom jumped 9.55% this week, occupying the top spot among portfolio stocks. The company held its artificial intelligence infrastructure event Wednesday, where management announced a third customer for its custom AI chip business. Wall Street analysts speculated that TikTok parent ByteDance is Broadcom's new customer. Alphabet's Google and Meta Platforms are the other two customers, according to JPMorgan analysts.
mountain Nvidia year-to-date performance Nvidia is our fourth-best performing stock this week, as shares climbed 7.35% over the period. The company held its annual GTC developer's conference earlier this week, during which CEO Jensen Huang delivered his anticipated keynote address and announced its next-generation AI chip , among other updates. Based on recent history, it's hardly a surprise Nvidia made it on the top-gainers list.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares are mixed after another Wall Street record dayStocks are mixed in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan's Nikkei 225 topped 41,000 for the first time early Friday but then fell back. Chinese property and tech companies weighed on markets in Shanghai and Hong Kong. On Thursday, the S&P 500 rose 0.3% to an all-time high for a third straight day.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares rise after Wall Street rallies to recordsAsian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year. Japan’s benchmark Nikkei 225 jumped 2.0% to finish at a record high Thursday, after the government reported exports grew nearly 8% in February from a year earlier.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Global shares rise after Wall Street rallies to recordsGlobal benchmarks are mostly higher after U.S. stocks rallied to records following indications from the Federal Reserve that it expects to deliver interest rate cuts later this year.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Global shares rise after Wall Street rallies to recordsGlobal benchmarks are mostly higher after U.S. stocks rallied to records following indications from the Federal Reserve that it expects to deliver interest rate cuts later this year.
Source: wjxt4 - 🏆 246. / 63 Read more »