The recent surge in artificial intelligence investments has led to record inflows of about $8.7 billion into technology funds, according to Bank of America Corp. strategists. This trend was highlighted by Nvidia Corp. briefly becoming the world’s most valuable company, with a market capitalization of $3.3 trillion, surpassing Microsoft Corp. U.S. stocks reached new highs … Read more
According to a recent report from Bank of America, Nvidia is at the forefront of the tech industry with record-breaking entries. The company is dominating the market as all roads seem to lead to Nvidia’s success. This news comes as no surprise, considering Nvidia’s reputation for innovation and cutting-edge technology. Nvidia has solidified its position … Read more
Marie Myers, CFO of Hewlett Packard Enterprise (HPE) participated in the BofA Securities 2024 Global Technology Conference where she discussed various aspects of the company’s performance and strategy. Myers highlighted her transition to HPE from HP Inc. due to the exciting opportunities in AI that HPE offers. The recent earnings report showed a strong performance … Read more
NVIDIA, a leading AI chip company, saw its shares soar by 9% to over $1,000 after releasing another impressive earnings report. The company also announced a 10-for-1 stock split, making it easier for retail investors to purchase its shares. This move follows a trend among big tech companies, including Google, Amazon, and Tesla, to make … Read more
Shares of Nvidia are seeing an increase on Thursday following positive results and statements from the chip company. Investors are reacting favorably to the news, as Nvidia’s stock price is on the rise. MarketWatch is providing live analysis of the situation as it unfolds. Investors are optimistic about Nvidia’s performance and outlook, leading to increased … Read more
© Reuters. Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity Analysts at UBS and BofA raised their price targets for Broadcom (NASDAQ:) in research notes on Tuesday. BofA’s analysts lifted their firm’s price target for the stock to $1,200 from $1,050 per share, reiterating a Buy rating … Read more