The technology sector is firing on all cylinders. Barring some minor fluctuations, Wall Street has been witnessing a strong bull run in the last 18 months, predominantly driven by technology stocks.During this period, any dip in this sector has proven beneficial to enter the market as technology stocks have rebounded more aggressively. This is likely to continue in the future too, uplifting the technology sector as the new “safe haven.”Wall Street’s broad-market index — the S&P 500 — registered 30 record-cl ...

AI and data stocks have shown no sign of slowing down in this current market. Indeed, many of the top names have left the broader market in the dust over the past few years. These companies are only seeing more and more demand due to companies expanding and working on their own AI models. Huge amounts of data are being scraped and stored in data centers, and this data is needed to run the AI models of the future.Companies could previously get rid of unnecessary data to clear up space, but human-generated da ...

An analyst's price target increase for Arista stock pushed its share price higher.Shares of Arista Networks (ANET 4.77%), a computer networking company, rose today after an analyst increased her price target for the stock.Arista has emerged as a leader in the artificial intelligence (AI) networking market, which has sparked a lot of interest among investors recently.Arista's stock was up 4.9% as of 1:31 p.m. ET.A networking leader capitalizing on AIMorgan Stanley analyst Meta Marshall increased Arista's pri ...

Nvidia (NASDAQ:NVDA) recently completed its much-anticipated 10-for-1 stock split. That means traders who held one share of Nvida at around $1,200 per share now own ten Nvidia shares trading at around $120 per share. Investors have started considering other stocks to buy after Nvidia’s stock split. Given the reduced barrier for buying whole shares, it is typical for share prices to increase in the days and weeks following a split.A stock split also signals management confidence in the company’s long-term ou ...

The Zacks Communication - Components industry appears well poised to benefit from healthy demand trends and an increasing user propensity to stay abreast of the latest digital innovations. However, volatility in raw material prices due to elevated customer inventory levels, high capital expenditures for infrastructure upgrades, margin erosion, geopolitical conflicts and raging wars have dented the industry’s profitability.Nevertheless, Arista Networks, Inc. (ANET) , Harmonic Inc. (HLIT) and Ooma, Inc. (OOMA ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Arista Networks. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Arista Networks (ANET) closed the most recent trading day at $297.58, moving +0.27% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.26%. Meanwhile, the Dow experienced a rise of 0.18%, and the technology-dominated Nasdaq saw an increase of 0.35%.The the stock of cloud networking company has fallen by 5.49% in the past month, lagging the Computer and Technology sector's gain of 6.38% and the S&P 500's gain of 3.25%.The upcoming earnings release of Ari ...

The old Wall Street adage “buy low and sell high” is one of the most famous adages followed by retail investors. Though buying low and selling high is the ideal situation for investors, savvy investors understand that just because a market has rallied a long way doesn’t mean that the market is due to correct. Instead of assuming that a certain line of thinking will work without investigating it, investors should make decisions backed by historical data and precedent. Will the Bull Market Continue?Historical ...

AI stocks to buy continue to command Wall-Street’s imagination. It’s been more than a year since AI stocks propelled the market to record highs, but investors are still hungry for more. Though the market’s a start-stop story of late, the massive upside in AI stocks is tough to deny. Moreover, with interest rate cuts coming up later this year, expect another robust rally in AI stocks.Nevertheless, the concerns over the market being overbought are real following last year’s bombastic rally. In this scenario, ...

A month has gone by since the last earnings report for Arista Networks (ANET) . Shares have added about 2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Arista Networks due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Arista Beats Q1 Earnings Estimates on Solid ...