Dow Jones futures saw a modest increase on Sunday night, along with S&P 500 futures and Nasdaq futures. Crude oil prices took a plunge following Israel’s “precise” airstrikes on Iran. Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Amazon.com (AMZN), and Meta Platforms (META) are all set to report earnings this week, with significant implications for … Read more
Artificial intelligence chip stocks saw a rise on Friday due to positive reports from Wall Street analysts, with Nvidia (NVDA) stock being one of the gainers. BofA Securities analyst Vivek Arya expressed strong support for a portfolio of AI chip stocks, highlighting a “generational capex cycle in generative AI infrastructure.” Arya mentioned that the data … Read more
Nvidia (NVDA) achieved a new all-time high on Monday as investors await the upcoming earnings reports from Big Tech companies in November. The chipmaker’s stock surged 4.14% to close at $143.71 per share, with its shares continuing to rise in after-hours trading. Earlier in the day, Nvidia’s stock hit an intraday high of $142.46, as … Read more
Nvidia has been a highly anticipated and closely monitored stock recently, with the broader market’s fortunes increasingly tied to the AI chip leader. At one point this year, the stock contributed to over a third of the S&P 500’s gains, with some investors even hosting watch parties for Nvidia’s earnings releases. Nvidia’s remarkable rise to … Read more
Bank of America analysts recently increased their price target for Nvidia stock to $190 per share. They believe that the AI market is poised to reach $400 billion, presenting Nvidia with a significant opportunity for growth. The analysts highlighted Nvidia’s competitive advantage over its rivals, citing strong partnerships with enterprise clients as a key factor … Read more
Famed hedge fund manager and Duquesne Family Office founder Stanley Druckenmiller admits he isn’t Berkshire Hathaway’s Oracle of Omaha Warren Buffett. The billionaire investor, who hasn’t lost in a single quarter throughout his 30-year career, said he made a “big mistake” selling Nvidia too early after initially thinking he was going to hold it for … Read more
Nvidia’s surge to a new all-time high on Thursday briefly pushed the S&P 500 into uncharted territory, leaving investors wondering what the future holds for the artificial intelligence sector. At one point, the chipmaker’s shares rose as much as 3.8% in Thursday’s trading session, reaching above $140. This marked the first new intraday high for … Read more
“ Before becoming the billionaire founder of FedEx, Fred Smith was a Vietnam veteran with a passion for flying and a small fleet of planes available for hire. He recalled, “They’re hiring me and this whole damn airplane to carry this little part,” as he transported goods for companies like Xerox. Soon, tech giants like … Read more