Analysts Expect Strong Q1 Earnings from NVIDIA, Highlighted as Top AI Stock with Significant Growth Potential – NVIDIA (NASDAQ:NVDA) referred to as ‘Best Secular Idea in Technology’

Analysts Expect Strong Q1 Earnings from NVIDIA, Highlighted as Top AI Stock with Significant Growth Potential – NVIDIA (NASDAQ:NVDA) referred to as ‘Best Secular Idea in Technology’

NVIDIA Corporation is set to release its first quarter financial results after the markets close on Wednesday. Analysts are expecting the company to report first-quarter revenue of $24.60 billion, with earnings per share estimated at $5.58. Nvidia has a history of surpassing analysts’ revenue and earnings estimates in recent quarters. Nvidia’s guidance for first-quarter revenue … Read more

Dell strengthens Nvidia partnership with ‘AI factories’ and edge computing models

Dell strengthens Nvidia partnership with ‘AI factories’ and edge computing models

Dell Technologies and Nvidia have announced new features for their shared AI solution, highlighting their close partnership and collaboration. At the Dell Technologies World 2024 keynote, Nvidia founder and CEO Jensen Huang joined Michael Dell, founder and CEO of Dell Technologies, on stage to reveal new features for Dell AI Factory with Nvidia. This partnership … Read more

Traders anticipate Nvidia’s first-quarter earnings to drive stock prices up

Traders anticipate Nvidia’s first-quarter earnings to drive stock prices up

The upcoming release of Nvidia’s first-quarter earnings for fiscal 2025 is highly anticipated, with a specific focus on the performance of the company’s data center. Nvidia has experienced significant growth in recent years, particularly in the AI sector, making it the world’s third-largest company by market capitalization. Since the second quarter of 2023, the company’s … Read more

NVIDIA’s (NASDAQ:NVDA) Stock Up 2.4% Following Analyst Upgrade

NVIDIA’s (NASDAQ:NVDA) Stock Up 2.4% Following Analyst Upgrade

NVIDIA Co. (NASDAQ: NVDA) saw a 2.4% increase in its shares on Monday after Barclays raised its price target on the stock to $1,100.00. The stock, which last traded at $947.38, has been receiving positive ratings from equity analysts, with a consensus rating of “Moderate Buy” and an average price target of $1,002.18. Director Mark … Read more

Bank of America outlines the top hedge for a potential major shift in Nvidia’s stock performance during earnings season

Bank of America outlines the top hedge for a potential major shift in Nvidia’s stock performance during earnings season

Nvidia’s first-quarter earnings results this week are anticipated to have a significant impact on the stock market as the company’s growing revenue and profits have been a driving force behind most of the S&P 500’s earnings growth over the past year. Investors are keenly watching Nvidia as it prepares to report its first-quarter results, with … Read more

TipRanks.com reports on Dell and Nvidia’s integration of Blackwell GPUs into Dell’s Servers

TipRanks.com reports on Dell and Nvidia’s integration of Blackwell GPUs into Dell’s Servers

Dell Technologies is joining forces with Nvidia to incorporate Nvidia’s latest Blackwell GPUs into Dell servers, specifically the new PowerEdge XE9680L server. This server will include eight Nvidia Blackwell Tensor Core GPUs along with direct liquid cooling, aimed at enhancing data center performance for AI workloads. The market reaction to this collaboration was mixed, with … Read more

The Impact of Nvidia’s Influence on the Stock Market Explained | Entrepreneur

The Impact of Nvidia’s Influence on the Stock Market Explained | Entrepreneur

NVIDIA, a multinational technology company known for its graphics processing units (GPUs) for professional and gaming markets, is set to report earnings this week, making it a crucial company in the stock market. Analysts overwhelmingly give NVIDIA a “buy” rating, indicating strong future performance expectations. The company’s potential market impact is significant, with its share … Read more

Preview of Nvidia at Dell Technologies World 2024 with Grayscale

Preview of Nvidia at Dell Technologies World 2024 with Grayscale

Caroline Hyde and Ed Ludlow of Bloomberg began their live show from Las Vegas at the Dell Technologies World conference. They covered the latest earnings reports as traders awaited the results from Nvidia. Additionally, they discussed the news that Michael Sonnenshein is stepping down as the CEO of Grayscale after three years leading the world’s … Read more

NVIDIA CEO Lauds Michael Dell and His AI Factory

NVIDIA CEO Lauds Michael Dell and His AI Factory

NVIDIA CEO Jensen Huang has announced a new partnership with Dell in the AI hardware industry ahead of the company’s upcoming earnings call. This collaboration will involve offering servers that support NVIDIA’s Blackwell AI GPUs and will enhance their capacity while being shorter in size compared to previous models. The goal of this partnership is … Read more

Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

Cathie Wood’s Ark Invest made significant trades on Monday, including the purchase of shares in Shopify Inc. and Advanced Microdevices Inc. The Ark Fintech Innovation ETF purchased 34,060 Shopify shares, valued at around $2 million. Despite Shopify reporting a loss in the first quarter of 2024, Ark Invest saw potential in the company and made … Read more