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Image source: Getty Images. A hidden way to play the AI/data center spending boom. Lee Samaha (Vistra): The growth in demand for AI applications is creating expectations for long-term power demand ...
Increasing generation of data has raised the demand for data centers globally. It is estimated that the global data center IP traffic will reach 20.6 Zettabytes by the end of 2021, up from 6.8 ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
The short interest ratio (also called days-to-cover ratio) [1] represents the number of days it takes short sellers on average to cover their positions, that is repurchase all of the borrowed shares. It is calculated by dividing the number of shares sold short by the average daily trading volume, generally over the last 30 trading days. The ...
The stock market was having a rough day on Monday, with the S&P 500 (SNPINDEX: ^GSPC) benchmark index down by about 1.7% at 11 a.m. ET. However, real estate was one of the biggest exceptions, with ...
An intraday percentage gain is defined as the difference between the previous trading session's closing price and the intraday high of the following trading session. The closing percentage change denotes the ultimate percentage change recorded after the corresponding trading session's close.
Image source: Getty Images. 2. Nvidia. It probably shouldn't come as a surprise that Ives called out chip leader Nvidia (NASDAQ: NVDA) as a good name to own right now. For the last few years, it's ...
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...