In early 2024, I started covering Intel Corporation (NASDAQ:INTC) stock, advising investors to steer clear due to the company lagging behind competitors like NVIDIA Corporation (NVDA) and Advanced Micro Devices, Inc. (AMD). After Intel’s disappointing Q1 2024 results, which led to a 26% drop in the stock price, the market began questioning the company’s future … Read more
As a journalist, it is important to consider key trends in the market to identify potential multi-bagger opportunities. One such trend to look for is a growing return on capital employed (ROCE) along with an expansion of the amount of capital employed. These factors typically indicate a company with a strong business model and profitable … Read more
The current performance of the Nasdaq 100 is being influenced by momentum and micro factors, with Nvidia’s impressive year-to-date share price gain of 98% playing a significant role in driving the index’s gains. Nvidia’s earnings releases have had mixed results in the past, with two out of five previous releases leading to negative performance for … Read more
The Nasdaq reached a new all-time high on Tuesday, despite a turbulent trading day with mixed results and cautious statements from the Federal Reserve. The lack of significant economic news was noted by Jack Ablin of Cresset Capital, who highlighted Nvidia’s upcoming earnings report as a key event for the week. Nvidia’s stock rose by … Read more
Investors eagerly awaiting Nvidia’s results turned their attention to retail earnings and Federal Reserve commentary for insights into the state of the economy. The company’s performance was highly anticipated as it is a key player in the tech sector. The focus on retail earnings and Federal Reserve statements reflects the broader market sentiment and the … Read more
Intel’s stock experienced a mix of good news and bad news with the unveiling of their new Lunar Lake processors which are set to rival other top competitors in the market. However, concerns arose over whether these chips will be enough to stay competitive in the future, leading to a slight drop in Intel’s shares … Read more
Nvidia’s upcoming earnings report has traders on high alert for a potential significant change in the company’s stock price. Options markets in the US are indicating an expected 8.7% swing in Nvidia shares, which could equate to a market capitalization fluctuation of $200 billion. Despite this, the anticipated volatility is smaller than previous quarters, with … Read more
Nvidia’s stock received a price target boost from Barclays, increasing from $850.00 to $1,100.00. Several other analysts also reiterated their buy ratings and raised their price targets on Nvidia stock. Currently, the company has a consensus Moderate Buy rating and a price target of $1,002.18. Nvidia’s stock price rose by 2.5% and opened at $947.80 … Read more
Summary: U.S. stock index futures showed little movement on Monday afternoon as buying momentum in technology stocks paused. The Nasdaq was expected to reach historical highs with the upcoming earnings report from Nvidia. Concerns about interest rates and inflation persisted, with Federal Reserve officials highlighting the need for confidence in inflation data before considering rate … Read more
Broadcom (AVGO) has successfully concluded its ambitious $69 billion acquisition of VMware (VMW), a landmark move that significantly bolsters its position in the software business. This acquisition, among the largest globally since its announcement in May 2022, marks a pivotal moment in Broadcom CEO Hock Tan’s… Source link