A brand-name consumer electronics company is stepping into the spotlight, and a member of the "Magnificent Seven" appears ready to join the club.

Key Takeaways Advanced Micro Devices is set to announce new products and advancements in its artificial intelligence technology at its "Advancing AI" event Thursday.Analysts are optimistic about AMD's stock,

For a majority of the last two years, no trend has excited the investing community quite like the rise of artificial intelligence (AI). But in 2024, the euphoria surrounding stock splits has, arguably, played an equally critical role in lifting stock valuations.

Tesla shares have declined 3% year to date, while Microsoft shares have advanced just 9%. But Wall Street expects the stocks to move in opposite directions over the next year. Among the 58 analysts that follow Microsoft, the median price target is $497.50 per share. That forecast implies 22% upside from its current share price of $409.

Key Takeaways Analysts at Oppenheimer downgraded shares of Microsoft from "outperform" to "perform" on Tuesday.That's rare on Wall Street, with nearly all of the analysts currently tracking the software giant holding "buy" or equivalent ratings.

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Uber Technologies and Meta Platforms

A fter a brief dip, the S&P 500 (SNPINDEX: \^GSPC) bull market is still alive, with the index hitting new highs in September. If you're interested in putting some money to work in

Companies that conduct stock splits deliver stock price gains of 25%, on average, in the year following the announcement, compared with average increases of 12% for the S&P 500, according to data compiled by Bank of America analyst Jared Woodard.