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Up 35% in 3 Months, This Tech Stock Could Become the Next Big Artificial Intelligence (AI) Play
AI could give this optical networking company a big boost.
Cisco is poised to benefit from an increased focus on AI infrastructure, and its underlying fundamentals support continued and robust growth.
The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualization, networking, and hard disk drives (HDDs).
Marcello Montanari of RBC Global Asset Management is a growth-oriented investor in sectors such as technology and life sciences
Where Will Artificial Intelligence (AI) Up-and-Comer Lumen Be in 5 Years?
Assuming it does not get bought out, Lumen now has a tremendous opportunity.
The S&P 500 Index ($SPX ) (SPY ) Monday closed down by -0.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.17%. Stocks on Monday retreated, with the Dow Jones Industrials falling to...
Ciena Co. (NYSE: CIEN) can be considered a legacy company in the computer and technology sector when it comes to the Internet.
The S&P 500 Index ($SPX ) (SPY ) today is down by -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.40%. Stocks today are mildly lower, pressured by higher bond yields. The...
The S&P 500 Index ($SPX ) (SPY ) today is down by -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.47%. Stocks today are mildly lower, pressured by higher bond yields. The...
AI’s growth is driving massive power demand for data centers. Learn how Constellation and Talen Energy are powering this boom, providing clean energy solutions.
The S&P 500 Index ($SPX ) (SPY ) Monday closed up by +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.31%. Stocks on Monday edged higher, with the Dow Jones Industrials climbing...
Why Ciena Stock Popped 5% on Monday
Priced at 30 times free cash flow and a P/E ratio twice that, Ciena stock remains expensive -- no matter what Citigroup says.
The S&P 500 Index ($SPX ) (SPY ) today is up by +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. Stocks are climbing today, with the Dow Jones Industrials posting a...
The S&P 500 Index ($SPX ) (SPY ) today is up by +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.31%. Stocks today are mostly higher as the markets look to fresh...
Why Ciena Stock Rose Early Wednesday
An eventful Hump Day saw the company release quarterly results and announce a top executive's departure.
Lumen Technologies Stock Is Up Nearly 500% in Less Than 2 Months. Time to Buy?
AI has breathed new life into this one-time penny stock.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.85%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.33%. Stock indexes Wednesday settled mixed, with the S&P 500 and Nasdaq 100 posting new...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.33%. Stock indexes today are trading higher, with the S&P 500 and Nasdaq 100 posting...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. Stock indexes today are trading higher, with the S&P 500 and Nasdaq 100 posting...
Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall, Thursday, 6/6/2024
Stocks that are traded heavily or had substantial price changes on Thursday: Lululemon Athletica, Smartsheet rise; Five Below, G-III Apparel fall
The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.56%. Stock indexes on Thursday posted moderate gains with the S&P 500 and Nasdaq 100...
Why Ciena Stock Flopped Today
Tech investors are not huge fans of falling revenues.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.98%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.30%. Stock indexes this morning are sharply higher, with the S&P 500 posting a...
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes this morning are seeing support from a decline in the 10-year...
We are looking for U.S. tech stocks with strong earnings and revenue growth