Nvidia's chipmaker Taiwan Semiconductor Manufacturing (TSM), along with Amazon stock and Costco Wholesale (COST), headline Wednesday's IBD Screen Of The Day, a column that focuses on top ideas in the IBD Stock Screener.X Wednesday's stocks to watch picks come from the Stocks Funds Are Buying screen, which finds issues that mutual funds are buying.Other notable stocks on the screen include eBay (EBAY) and Dow Jones banking giant JPMorgan Chase (JPM).Nvidia's ChipmakerTaiwan Semiconductor, better known as TSM ...

Meme stocks reversed sharply lower early Wednesday as GME stock and AMC shed some gains from the week's massive rally. Meanwhile, AMC moved to use the gains to scratch off more debt.X AMC Theaters (AMC) on Wednesday said it entered a private debt/equity swap agreement to exchange 23.3 million shares of newly-issued stock in exchange for $163.9 million worth of company bonds due in 2026. The shares were issued at an average price of $7.33 per share, according to the filing. The deal is part of a larger effor ...

Elon Musk's artificial intelligence startup xAI is in talks with Oracle (ORCL) on a multiyear, $10 billion cloud-computing deal, The Information reported Tuesday. Oracle stock jumped on the news.X Musk's xAI startup would become one of Oracle's largest customers, according to the report. The Information cited a person involved in the talks. The year-old xAI hopes to challenge OpenAI as a developer of large language models that power generative AI tools.On the stock market today, Oracle stock is up more than ...

Video game publisher Electronic Arts (EA) late Tuesday missed Wall Street's targets for its fiscal fourth quarter and gave a soft outlook for the current quarter and year ahead. EA stock fell in extended trading.X The Redwood City, Calif.-based company earned an adjusted $1.37 a share on net bookings of $1.67 billion in the quarter ended March 31. Analysts polled by FactSet had expected EA earnings of $1.52 a share on sales of $1.78 billion. In the year-earlier period, EA earned an adjusted $1.78 a share on ...

Rivian Automotive (RIVN) reports first-quarter earnings and revenue after the market closes Tuesday, with analysts expecting another loss amid speculation that Apple (AAPL) is looking to partner with the EV startup. Rivian stock advanced early.X Analysts expect Rivian to report a loss of $1.15 per share in Q1, improved from a $1.25 loss a year ago, with sales growing 100% to $1.17 billion.Ahead of earnings, Rivian stock surged early Tuesday after Taiwan-based Digitimes reported Apple could be exploring a pa ...

Apple (AAPL) is in talks with EV maker Rivian (RIVN) about a possible partnership, DigiTimes reported Monday night.X Taiwan-based Digitimes cited supply chain sources. But it's unclear what any such alliance would entail. Apple canceled its long-running "Project Titan" Apple Car in late February.Apple is holding a "Let Loose" event on Tuesday morning that is expected to focus on new iPads.Rivian reports first-quarter earnings Tuesday night.Apple, Rivian StockApple stock dipped 0.9% to 181.71 in Monday's tra ...

April was a poor month for stocks. Despite encouraging company earnings, investors took a breather and indexes fell after five months of solid gains. The Nasdaq lost 4.4% for the month while the S&P 500 fell 4.2%. The Dow Jones Industrial Average lost 5%, according to IBD MarketSurge.X Much of the indexes' poor performance can be traced to higher inflation and stronger jobs data pushing back hopes of a rate cut. As indexes came under pressure, there were fewer time-tested trading strategies to employ.Tradin ...

GE Aerospace (GE), the newly minted aerospace and defense pure play, continues to snag new highs amid price-target hikes. Is GE stock a buy?X GE Aerospace LaunchesOn April 2, General Electric split in two — into GE Aerospace and GE Vernova.GE Aerospace, which makes jet engines and aviation systems, kept the GE stock ticker. GE Vernova (GEV) houses a gas power and wind energy business.GE's health care spinoff, GE HealthCare Technologies (GEHC), debuted in January 2023.In 2021, an embattled General Electric a ...

The size of a company matters for investors, as firms owning a large market cap can offer greater stability versus those with a smaller stake. There also are very few companies that have made it to the $2 trillion club in market cap, but Nvidia (NVDA) stock is one.Along with being in the $2 trillion club, Nvidia is part of the Magnificent Seven. Now, there are several other Magnificent Seven stocks also in the same fast company as Nvidia in the $2 trillion club: Apple (AAPL), Google-parent Alphabet (GOOGL) ...

Magnificent Seven member Nvidia (NVDA) leads this week's list of stocks to watch, along with fellow artificial intelligence plays Datadog (DDOG) and Dell Technologies (DELL). Dow Jones retailer Walmart (WMT) and uranium miner Cameco (CCJ) are also nearing buy points. The stocks featured on this week's list are flashing early entry opportunities as they rebound near key moving averages.X The major indexes rose with gusto on Friday, capping a strong rebound after skidding the prior week. The S&P 500 climbed 2 ...