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
According to data from U.S. options markets, traders are anticipating a significant move in Nvidia’s stock following the company’s recent earnings report. While expectations for volatility are not as high as they have been in previous instances, there is still a sense of uncertainty surrounding the outcome. Nvidia, a major player in the chipmaker industry, … Read more
Traders are anticipating a significant move in Nvidia stock following the release of the chipmaker’s earnings report. According to data from U.S. options markets, analysts are predicting an 8.7% swing in either direction for Nvidia shares on Friday. This forecasted volatility is lower than the 16.4% increase seen after Nvidia’s last quarterly earnings report. Despite … Read more
Billionaires like Paul Tudor Jones and Philippe Laffont have recently shifted their investments from NVIDIA to PayPal, signaling a potential opportunity for growth in the struggling financial technology company. With PayPal’s stock valuation taking a hit in recent years but still showing revenue growth, investors are eyeing the potential for a turnaround. One key attraction … Read more
IBM Think 2024, held in Boston, showcased several groundbreaking product launches by IBM, including the unveiling of the IBM Concert generative AI tool. This tool, powered by watsonx AI, aims to streamline IT operations by providing valuable insights into clients’ application portfolios, helping them mitigate risks and enhance compliance processes. The Concert tool integrates with … Read more
Nvidia’s CEO, Jensen Huang, emphasized the significance of the company’s partnership with Dell Technologies in advancing their artificial intelligence technology. The collaboration aims to make AI capabilities more accessible to a wider range of customers, enabling them to establish their own “AI factories.” Huang expressed the complexity of delivering not just a product but an … Read more