According to Wedbush Securities senior analyst Dan Ives, the “AI party” is far from over. It is “the biggest tech transformation in over 40 years,” and the current surge in generative artificial intelligence has triggered a global race among leading firms to build out and deploy new technology.

With fresh government backing, improving technicals, and renewed speculative appetite, Rigetti is back on the radar with a short-term price target of $15.00. Volatility will remain high - especially with broader market headwinds - but this stock continues to behave like a leader in one of the market’s most speculative sectors.

Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.

Wedbush Securities senior equity analyst Daniel Ives, known for his vocal and bullish stance on tech stocks, has referred to AI as “the biggest tech transformation in over 40 years.” He estimates that the global AI market is expected to grow to $407 ...

A note from Bank of America's equity derivatives team says the rally in tech stocks could still continue. "In our view, the collision of AI with the pro-growth aspects of Trump's agenda could drive further upside momentum,

Amazon and Meta stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.

Nasdaq 100 and S&P 500 rise as bullish sentiment grows on U.S.-China tariff truce and AI-driven tech stock surge, led by Nvidia, AMD, and Apple.

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

The Magnificent Seven is riding to the rescue once again. Two of the handful of huge technology companies that drove market gains in 2023 and 2024, posted earnings that smashed expectations after the bell on Wednesday.

The world's two superpowers have reached an accord on their bruising trade war—for 90 days, at least. On Monday, the U.S. and Chinese governments announced they had agreed to slash reciprocal tariffs for 90 days as they continue to hammer out details on a broader deal. Markets soared on the news, with the S&P 500 gaining 3.26%.

Taiwan's stock market soared over 450 points, bolstered by TSMC's gains amid rising US tech stocks. AI-related shares, shipping industry, and easing US-China trade tensions contributed to market boost.

Tencent Holdings’ ADRs (TCEHY) rose 4% on Wednesday after the Chinese tech giant reported revenue that exceeded Wall Street’s expectations, driven by a rebound in its gaming division and growth in AI-powered advertising.