Nvidia Corp. shares fell 4.8% on Monday, marking the third consecutive negative session and putting the stock in correction territory with a decline of 12% over the past three days. This sell-off also impacted other chipmakers, as the Philadelphia Stock Exchange’s semiconductor index fell as much as 2.2% on the same day. Companies such as … Read more
The rise of artificial intelligence (AI) in the technology industry has been propelled by popular tools like OpenAI’s ChatGPT, with NVIDIA emerging as a significant player in this space. NVIDIA’s stock has surged over the past couple of years, raising concerns about its valuation. However, there are other companies investing heavily in AI that investors … Read more
This year has seen some mega-cap stocks, such as Nvidia, Broadcom, and Eli Lilly, soar to new highs, far outperforming the overall S&P 500 index. The rapid increase in stock prices has led to concerns on Wall Street about the health of the current stock market environment. According to Bespoke Investment Group, stocks like Broadcom, … Read more
Oracle Financial Services Software (NSE:OFSS) experienced a 2.0% drop in its share price recently. Despite this, the company’s fundamentals appear strong, and its long-term financials are in line with future market price movements. One key metric to watch is the Return on Equity (ROE) for Oracle Financial Services Software. ROE is a measure that assesses … Read more