
Wajeeh Khan
Articles
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9 hours ago |
invezz.com | Wajeeh Khan
Semiconductor stocks are already under significant pressure amidst escalating China-US trade tensions, but a Wall Street analyst warns these names haven’t seen the worst yet. According to John Vinh, a senior KeyBanc analyst, chip stocks could tank another 40% from here if the US economy slides into a recession by the end of 2025. In recent weeks, experts have been concerned that Trump’s new tariffs on rivals and trade partners will lead to an economic slowdown in the coming months.
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9 hours ago |
barchart.com | Wajeeh Khan
Nvidia (NVDA) shares are inching up on Thursday, April 24 after the artificial intelligence behemoth rolled out a new software platform dubbed “NeMo” that helps enterprises build custom AI agents. With the launch of NeMo microservices, the chipmaker wants to strengthen its footprint in autonomous AI agents, which the Wall Street Journalexpects will replace enterprise software over time. Despite today’s surge, Nvidia stock is down some 30% versus its year-to-date high.
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9 hours ago |
barchart.com | Wajeeh Khan
Palantir (PLTR) shares are up more than 6% on Thursday, April 24 after the big data analytics firm teamed up with Google (GOOGL) to integrate its cloud infrastructure into its FedStart initiative. According to Leigh Palmer, a vice president at Google, the strategic alliance will bring highly secure and compliant software services to the federal government agencies. “The first independent software vendor to use this new capability is Anthropic,” the tech titan confirmed in a blog post today.
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12 hours ago |
invezz.com | Wajeeh Khan
IBM (NYSE: IBM) is evolving into a successful turnaround story under the leadership of Arvind Krishna, says Wamsi Mohan – a senior analyst at the Bank of America Securities. Krishna is “changing the company’s growth profile” by unloading its dormant assets and replacing them with ones that are now meaningfully contributing to financial strength, he told CNBC in an interview today.
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13 hours ago |
barchart.com | Wajeeh Khan
Palantir (PLTR) will report its financial results for the first quarter of 2025 on May 5. Palantir shares are up 13% over the past five sessions. Investors may be running to shares because the stock has a history of pushing to the upside following quarterly reports. The AI stock, for example, rallied more than 20% on Q4 earnings in February.
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