Buy stocks Tuesday like Nvidia
Here are Tuesday biggest calls on Wall Street.
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Chip stocks are on another red-hot streak this year as artificial intelligence excitement shows no signs of slowing down.
The bottom line on earnings so far: tech is leading, but the short-term trend in other sectors is lower.
Despite sanctions, Russia imported advanced chips valued at more than $1 billion from U.S. and European companies during the initial nine months of 2023, according to classified data from the Russian customs service obtained by Bloomberg.
Moscow imported more than $1 billion worth of advanced U.S. and European chips last year, despite restrictions aimed at preventing Russian dictator Vladimir Putin’s military from obtaining technology to fuel its war in Ukraine, Bloomberg reported Jan. 25, citing classified Russian customs data.