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The Latest Breaking News from Ben Reitzes

AI Gets Scant Mention At Apple iPhone 17 Launch Event

Apple stock declined Wednesday after the company’s iPhone 17 launch event included minimal discussion of artificial intelligence.

Investors Business Daily

AI Chip Business Fuels Broadcom's Strong Quarterly Report

Broadcom stock rocketed after the company delivered a beat-and-raise earnings report and touted its robust AI chip business.

Investors Business Daily

Nvidia CEO Jenson Huang: Amazon, Oracle, Alphabet, and Microsoft Alone Plan to Spend ‘$600 Billion Per Year’ on the ‘AI Revolution’

During NVIDIA’s recent Q2 2025 earnings call, CEO Jensen Huang commented on the sheer scale of the artificial intelligence revolution

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AI Isn't Eating These Software Stocks, Analyst Says

Investment bank Jefferies is pushing back on the belief that "AI is eating software." Microsoft stock and others will ride the AI wave, it said.

Investors Business Daily

After Hitting 30th 52-Week Low, Is Adobe Too Cheap to Ignore?

Adobe hit its 30th new 52-week low of the past 12 months on Tuesday. Its shares have lost 37% of their value over the past year. This blue-chip tech stock trades at its lowest level in 27 months.

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Adobe Stock Downgraded As 'AI Is Eating Software'

An analyst downgraded Adobe stock to sell from hold as the digital media software firm is seen losing ground in the AI shift.

Investors Business Daily

Apple Stock Retakes Key Level After Dodging Tariff Bullet

Apple stock surged higher Friday on expectations that the consumer electronics giant will be exempt from U.S. tariffs.

Investors Business Daily

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Nvidia, AI Chipmakers Buoyed By Google Capex, Trump Plan

The Trump administration's "AI Action Plan" and Google's increased data center spending are likely to buoy Nvidia and other AI chip stocks, analysts say.

Investors Business Daily

Wall Street Cheers Nvidia's Return To China AI Market

The Trump administration removed a major overhang on Nvidia stock when it cleared the chipmaker to resume selling AI chips in China.

Investors Business Daily

Microsoft Stock Gets Price-Target Hike On Cloud, AI Businesses

An analyst raised his price target on Microsoft stock, saying the software giant will benefit as AI drives more cloud infrastructure usage.

Investors Business Daily

AMD Stock Gets New Buy Rating As AI Efforts Take Hold

Advanced Micro Devices has turned a Wall Street skeptic into a bull with its progress in artificial intelligence chips and computing systems.

Investors Business Daily

IBD Stock Of The Day: Cisco Tests Buy Point, 'Getting On The Right Side Of AI'

Cisco Systems, IBD Stock Of The Day, is flirting with a buy point as the old tech giant gains traction as an AI infrastructure provider.

Investors Business Daily

AI Chip Stocks Advance Amid Higher Market Estimates

AI chip stocks rose Monday as several Wall Street analysts reiterated their bullish views on the artificial intelligence market.

Investors Business Daily

Apple Offers Little To Get Excited About At WWDC

The reviews are in for Apple's WWDC 2025 keynote presentation on Monday and they aren't good. And the news didn't help Apple stock.

Investors Business Daily

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Stock Market Today: Stocks Struggle Ahead of Nvidia Earnings

The three main indexes closed lower as Wall Street awaited the AI bellwether's quarterly results.

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Expectations For Apple's WWDC Couldn't Be Lower

Expectations for Apple's Worldwide Developers Conference are subdued this year. And that sentiment is reflected in Apple stock.

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Nvidia Had a $900 MILLION Bet on CoreWeave in Q1. How Should You Play CRWV Stock Here?

CoreWeave stock extends gains as a filing shows Nvidia owned $900 million worth of shares in Q1. Analyst says there are better ways to play AI infrastructure than CRWV shares.

Investors Business Daily

Nvidia Stock Retakes Key Level On Saudi AI Deal

Nvidia stock jumped on news that it will supply semiconductors to a Saudi Arabian artificial intelligence company, Humain.

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Investors Business Daily

Apple Stock Bull Slashes Price Target Over Trump's 'Tariff Armageddon'

A Wall Street analyst slashed his price target on Apple stock over the impact of President Donald Trump's "tariff Armageddon."

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Is Google Stock Doomed to Be the Next Kodak? Some Experts Are Worried Alphabet Is Headed for Irrelevancy.

Down 24% from all-time highs, Alphabet stock trades at a cheap multiple but is vulnerable to AI-related disruption.

Investors Business Daily

U.S. Trade Restrictions Remain Big Overhang On AI Chip Stocks

U.S. trade restrictions are a major overhang on AI chip stocks, including Nvidia. Industry officials are lobbying the White House for changes.

Investors Business Daily

Amazon Stock Retakes Key Level As Analyst Offers Upbeat View After Nvidia Event

Nvidia's AI Super Bowl didn't excite investors but an analyst said Amazon's long-term opportunity from the trend is clear.

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GTC 2025 Kicks Off on March 17. How Important Is That Really for Nvidia Stock?

Here is what investors should expect from the upcoming conference.

Investors Business Daily

Nvidia Price Target Slashed As AI Stocks Swoon. 'No One Knows What's Going On,' Says Analyst.

A Wall Street analyst cut his price target on Nvidia stock on Monday, citing "a multitude of factors (that) have clouded the near term."

Investors Business Daily

Marvell Misses Q1 Sales 'Whisper Number.' AI Chipmaker's Stock Drops.

Marvell Technology failed to meet Wall Street's lofty "whisper number" with its sales guidance, disappointing many MRVL stock investors.

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