Tesla, Meta, Microsoft are near buy points with Apple earnings also due. Will China's DeepSeek up-end AI stocks?
Nevertheless, growth stocks outperformed value stocks in 2024, and investors anticipate that trend will continue as the Federal Reserve cuts interest rates. Here are 10 of CFRA analysts' top growth stocks that have reported at least 15% annual revenue growth in the past three years:
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Drops for Nvidia and other tech stocks are weighing on Wall Street Monday and keeping it in its weekslong rut.
Quantum Computing didn't have any news of its own to report, but the company is even smaller than D-Wave, with less than $1 million in revenue over the last four quarters. Its stock has soared even higher than D-Wave's over the last year, a disconnect that could lead to a continued decline in Quantum Computing's shares.
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Tech was headed for a rough start to the week. Futures tracking the Nasdaq 100 tumbled 1.3% as investors fretted that a combination of sticky inflation and a red-hot labor market will mean the Federal Reserve doesn't have to cut interest rates at all in 2025.
Tesla, Meta, Microsoft are near buy points with Apple earnings also due. Will China's DeepSeek up-end AI stocks?
Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia ... after the Federal Reserve back rate-cut ...
Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% early Monday.