The rally in software stocks has gone from recovery to raging bull market, and traders are betting there’s more to come.
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Dell shocks Wall Street with booming AI server sales. Where analysts see it headed next
Dell reported blowout fiscal first quarter results on Thursday thanks to booming AI server demand, leading many analysts to raise their price targets.
Costco falls after earnings. But shareholders could get a special boost soon
Some on Wall Street believe the leading warehouse club could soon issue a special dividend.
Palantir is set to surge after a consolidation period. How to trade it while defining risk
Jeff Kilburg looks at Palantir after a rangebound period for the stock.
There’s a record disconnect unfolding in the trading pits right now
The volatility spread between single stocks and the index makes a world of a difference for options traders.
Snowflake just had its best day ever. HSBC thinks there’s more to go
The bank upgraded the cloud computing name to buy from hold.
Friday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 and the Nasdaq Composite closed at new records on Thursday as the tech sector jumped. Both indexes are on pace for healthy May gains.
AI is boosting the stock market. But it’s a threat to private credit
Software investments have been a cash cow for private credit, but AI is changing that.
U.S. government is reportedly set to invest in drone industry. These are Wall Street’s favorite plays
Analysts believe that stocks such as Unusual Machines and Motorola Solutions are most likely to benefit from heightened interest in the drone industry.
CFTC sues Rhode Island over actions against prediction markets
It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.