Nvidia’s stock (NVDA) dipped slightly in early trading on Thursday after reaching a milestone market capitalization of over $3 trillion for the first time. The stock opened at $1,240.09 per share before experiencing a 0.4% decrease. The company surpassed Apple to become the second most valuable company on the US stock market, with Microsoft (MSFT) … Read more
Intel has announced a new partnership agreement with Sharp to improve chip production efficiency, but this news did not excite investors as Intel shares fell slightly. Sharp had excess capacity in some of its LCD plants in Japan, allowing Intel to take over some of that capacity to conduct research on semiconductor production methods. The … Read more
If you’re considering selling semiconductor stocks, now might be the time to act. Three companies in the semiconductor industry are showing signs of losing momentum and could be worth divesting from. It’s important to stay informed of market trends and make decisions that align with your financial goals. Consider the potential risks and rewards of … Read more
In the latest trading session, International Business Machines Corporation (IBM) closed at $170.67, reflecting a -1.74% adjustment from the previous day. This decline was smaller than the S&P 500’s 0.74% loss, but larger than the Nasdaq’s 0.39% decrease and the Dow Jones’ 1.53% drop. Over the past month, IBM shares have lost 5.65%, underperforming the … Read more
According to analyst Gil Luria from DA Davidson, Nvidia’s stock may not continue to rise indefinitely. Luria predicts a potential drop of up to 20% in Nvidia shares in the coming years due to anticipated lower demand for Nvidia GPUs and increased competition. While Nvidia recently reported record-breaking revenue of $26 billion in the first … Read more
The Dow Jones Industrial Average is experiencing a downturn on Thursday afternoon due to declines in Boeing and Intel stocks. Boeing and Intel shares have been trading lower, leading to overall losses in the market. The drop in these key stocks has contributed to the overall decrease in the index. It is important to closely … Read more
Intel’s stock price fell without any specific news, possibly in reaction to Nvidia’s strong earnings report and announcement of a stock split. Nvidia’s success in the AI market, an area Intel is also targeting, could have affected investor sentiment. Nvidia’s CEO highlighted the company’s advantages in the AI sector and the potential for it to … Read more
Semiconductor stocks experienced a mixed day of trading on Thursday, with Nvidia standing out after reporting impressive quarterly results and providing strong guidance that received positive feedback from Wall Street. Nvidia’s stock soared by 10% after surpassing the $1,000 mark and announcing its second-quarter revenue expectations of $28 billion, exceeding analyst forecasts. The company’s CEO, … Read more
A recent report from Nvidia has sparked concern for Intel as their stock dropped despite no direct news impacting it. Nvidia’s solid earnings report, along with a 10-for-1 stock split announcement, has positioned them as a leader in the AI market, an area Intel is striving to excel in. Some speculate that Nvidia may replace … Read more
Several major Asian stock indexes saw declines on Thursday as investors processed the news that central banks in major economies are hesitant to engage in aggressive monetary easing due to concerns about lingering inflation. The cautious approach of policymakers towards easing monetary policy has raised questions among investors about the future trajectory of interest rates … Read more