Nvidia had a volatile week in the stock market, but managed to bounce back after a significant loss in market capitalization. On Thursday, the stock closed at $123.99, showing a nearly 5% increase from Monday’s closing price. However, it is still below last week’s all-time high of $140.76. Despite the ups and downs, Nvidia shares … Read more
McDonald’s decided to end its partnership with IBM after its AI technology led to drive-thru ordering issues. Despite this setback, IBM’s stock rose as analysts applauded its advancements in AI. This incident highlights the current limitations of AI in complex tasks like order taking, but also suggests that future improvements are likely. Various fast-food chains … Read more
NVIDIA Corporation (NASDAQ: NVDA) has been identified as the top stock to buy in Q3 2024 according to Bank of America. Analysts at BofA Securities have highlighted a list of the best stocks for the upcoming quarter, selecting companies with strong fundamentals, high earnings growth, and potential for long-term returns. Among these stocks, NVIDIA Corporation … Read more
NVIDIA dominates the data center GPU market, with a reported market share of over 80%. The company has seen significant growth since launching ChatGPT in November 2022, driving demand for AI hardware and pushing its shares up 150% this year. Historical data suggests that NVIDIA tends to perform better in the second half of the … Read more
is adjusting its expectations for Nvidia following a recent drop in the stock price. Analysts have reset their forecasts for the semiconductor company after Nvidia’s stock plunged by more than 10% in the past week. This decline comes as a result of concerns over slowing demand for its graphics chips and increased competition in the … Read more
Broadcom (NASDAQ:AVGO) has experienced a remarkable 96% increase in its shares over the past year, driven by a growing demand for its artificial intelligence chips. Analysts believe that the semiconductor giant is well-positioned to maintain its momentum as it shifts from being a value stock to a growth stock. Bank of America’s Vivek Arya, known … Read more
While there is excitement surrounding Advanced Micro Devices (AMD) and its potential in the artificial intelligence (AI) chip market, some analysts, like Morgan Stanley’s Joseph Moore, remain skeptical. Moore believes that expectations for AMD may be too high, especially when it comes to competing with industry leader Nvidia. Nvidia currently holds a dominant position in … Read more
recently announced the release of Oracle APEX 24.1, the latest version of their popular low-code application development platform. Industry analysts have been quick to share their thoughts on this new release. One analyst noted the continued growth and improvement of Oracle APEX, pointing out that it has become a leading platform for rapid application development. … Read more
U.S. stocks closed with the S&P 500 slightly down as the Dow Jones gained 1.45% last week, marking its strongest weekly performance since May. Analyst ratings play a vital role in investment decisions, but not all analysts have a good track record. Benzinga offers the Analyst Ratings API that provides high-quality stock ratings from top … Read more
Investors are closely monitoring the recent correction in the semiconductor sector, particularly in relation to NVIDIA (NASDAQ: NVDA), which experienced a 10% pullback in its last two trading days. Some investors view this dip as a strategic entry point to buy, while others are reevaluating their positions in NVDA. Shawn Tully, a stock market analyst, … Read more