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
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
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
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
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 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
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
Today on “Asking For A Trend,” host Julie Hyman covers a wide range of topics, from market dynamics to succession plans. The focus is on Nvidia’s upcoming earnings release and its potential impact on the market. Guest Ivana Deleveska provides insights into Nvidia’s earnings outlook, while Sarge986 LLC President Stephen Guilfoyle discusses dominant macro trends … Read more
European stock futures and Asian stocks declined as investors turned their focus to Nvidia Corp.’s upcoming earnings report. US futures were mixed while U.S. 10-year Treasury bond futures stabilized. The Bloomberg Commodity Spot Index hit its highest level since January 2023 on Monday, with gold and copper trading near all-time highs and wheat prices rising. … Read more
After reporting earnings, Nvidia shares are expected to experience a significant move based on options market data. Although traders anticipate a swing of 8.7% in either direction, this is lower than previous expectations. Despite this, Nvidia is still a key player in the artificial intelligence industry, with a market value surpassing $2 trillion. The company’s … Read more