The latest trading session saw ASML (ASML) ending at $1,050.74, denoting a -1% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.25% for the day. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq lost 0.79%.The equipment supplier to semiconductor makers's shares have seen an increase of 15.08% over the last month, surpassing the Computer and Technology sector's gain of 8.85% and the S&P 500's gain of 3.59%.The investment community will be payi ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ASML (ASML) .ASML currently has an average brokerage recommendation (ABR) of 1.32, on a scale o ...

Wall Street loves coming up with cute little phrases, whether that be “FANG” or the more recent Magnificent 7. However, Thornburg portfolio manager Nicholas Anderson would like investors to be familiar with a new concept: targeting the best Fantastic 5 stocks for potentially blistering upside.Focused on European mega-capitalization plays, these five enterprises have delivered market-beating performance recently. We’re talking about companies with a market value exceeding $200 billion. Yet even with this tre ...

Today, we will explore three artificial intelligence (AI) stocks challenging Nvidia (NASDAQ:NVDA), each poised with distinct strengths and growth potential for investors. With its cutting-edge GPUs and AI hardware, Nvidia has become the dominant force in the AI space. As a result, NVDA shares are up over 150% year-to-date (YTD).According to the latest McKinsey Global Survey on AI, 65% of organizations have embraced generative AI, nearly doubling adoption rates in the past ten months. As the AI ecosystem evo ...

Pixelbizz/iStock Editorial via Getty Images ASML Holding N.V.'s (NASDAQ:ASML) stock has struggled between 2022 and 2024 as the semiconductor industry entered a cyclical downturn. The following chart from Omdia shows that annual semiconductor industry revenue growth peaked in 2021 and declined to 9% year-over-year in 2023. Omdia 2024 Last year, the semiconductor industry was in a chip supply glut, which hurt many of its customers and slowed ASML's sales growth. Although some experts believe the chip industry ...

Will these two AI stocks follow Nvidia and go for a split?Stock splits are back in the spotlight after Nvidia took this step recently. Investors should remember that this is simply a cosmetic move that doesn't change the value and fundamentals of a company. What a stock split does is increase the number of outstanding shares while reducing the price of each share. So, the overall market value of the company remains the same.However, there is a belief that a stock split might increase demand for a company's ...

Nvidia's stock split is history, but investors should keep their eyes on these three AI stocks.If you've been wanting to buy Nvidia at a cheaper price, you now have the opportunity. The tech giant conducted a 10-for-1 stock split after the market close on June 7, 2024. Nvidia's share price is the lowest it's been in years.Which AI leaders could have monster stock splits on the way after Nvidia? Here are two top candidates and one definite pick.1. BroadcomIn one sense, Broadcom (AVGO 1.43%) has never split i ...

The company's new High NA EUV system is set to fuel its results moving forward.Semiconductor equipment manufacturing is a notoriously lumpy business. The companies in this line of business, such as ASML (ASML -2.30%), make the intricate (and expensive) machinery that creates various semiconductor chips, such as Nvidia's graphic processing units (GPUs). The demand for their services varies from year to year, making investing a bit of a cyclical guessing game.For ASML, analysts forecast the company will see a ...

ASML's stock is hovering around $1,000 per share.Stock splits are back in vogue.After several years with hardly any stock splits on the market, big companies now seem to be eager to reverse course. Nvidia (NVDA -0.09%), for example, just became the fifth of the "Magnificent Seven" stocks to split its shares in less than four years, announcing a 10-for-1 stock split that's set to go into effect on June 7.Nvidia shares are up roughly 20% since the announcement, benefiting from a strong earnings report, and it ...

Despite sticky price pressures in the eurozone, the European Central Bank (ECB) delivered a widely expected interest rate cut in its June meeting, helping drive regional equities to record highs. Headline inflation in the eurozone increased to 2.6% in May from April’s reading of 2.4%. Concurrently, ECB staff expect inflation to remain at 2.5% for 2024, up from an earlier projection of 2.3%.However, the ECB shrugged off sticky inflation and began its interest rate-trimming cycle ahead of the Federal Reserve ...