On Monday, storied Swiss bank UBS Group initiated coverage of Arm's stock. Analyst Timothy Arcuri flagged the highly specialized AI stock as a buy, with a price target of $160 per share. That's 17% higher than the stock's most recent closing price.

Apple is the IBD Stock Of The Day as Wall Street focuses on iPhone 16 demand amid the holiday shopping season and iOS 18 release with AI features.

Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%.

The startup has signed on ExodusPoint, Soros Fund, and Millennium Management, whose founder Izzy Englander also invested in a past round.

Goldman Sachs divides the artificial intelligence (AI) boom into several different phases. The first centers entirely around semiconductor company Nvidia. The second centers around infrastructure companies like Microsoft and Amazon.

Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024. Companies completing forward stock splits have, since 1980, handily outperformed the S&P 500 in the 12 months following their split announcement.

In this article, we discuss the 15 AI stocks on the radar of Wall Street analysts. Uber, the ride-hailing company that has yet to catch onto the AI boom, is reportedly expanding its fleet of gig ...

To be clear, the idea that an AI-related fever could keep driving stock prices higher hasn't been forgotten among Wall Street strategists. Just two weeks ago, Evercore ISI's Julian Emanuel wrote that he sees the S&P 500 reaching 6,600 by June 2025 as ...

Jared Cohen, Goldman Sachs president of global affairs, co-head of the Goldman Sachs Global Institute, said while talking to CNBC in a latest program that amid rising data center-driven energy demand because of AI, the US would need to collaborate with other countries via “diplomacy.”

While much of the media's attention has been squarely focused on Nvidia, longtime tech behemoth Microsoft (NASDAQ: MSFT) is an artificial intelligence (AI) force to be reckoned with as well. Aside from this direct investment,

Palantir Technologies (NASDAQ: PLTR) is the most recent addition to the Nasdaq, joining the tech-centric index on Nov. 26. This follows the company's recent admission to the S&P 500, making it one of just 11 companies afforded that honor so far this year.