Simona Jankowski, the vice president of Nvidia, has decided to leave the chip company after seven successful years to take on the role of CFO at a startup. In a LinkedIn post, Jankowski expressed that this decision was not an easy one to make, highlighting the growth and accomplishments she has witnessed during her time … Read more
Simona Jankowski, Nvidia Corp. Vice President overseeing investor relations and strategic finance, is leaving to become the chief financial officer of a startup. Jankowski, a former Goldman Sachs Group Inc. analyst, joined Nvidia in 2017 and announced his departure in a LinkedIn post, without disclosing the name of the startup. He mentioned that more details … Read more
Peter Tuchman, a veteran NYSE trader, is excited about the current stock bull market that has attracted 40 million new retail investors. The Federal Reserve reported that American household wealth has reached a record high of over $160 trillion, with $5.1 trillion added in the first quarter, mostly due to stock price appreciation. Retail investors … Read more
Goldman Sachs has identified IT services giants IBM (NYSE: IBM) and Globant SA (NYSE: BALLOON) as having “compelling” risk-reward profiles as the fundamental outlook for the industry begins to improve. According to analyst James Schneider, the industry is currently experiencing a cyclical correction driven by IT spending constraints due to macroeconomic pressures across various sectors … Read more
NVIDIA is expanding its AI ventures to the Middle East by collaborating with Ooredoo to establish large data centers in the region. This move comes after facing challenges in China due to US regulations. Ooredoo, a major tech player in the Middle East, will deploy NVIDIA’s AI computing platform to drive innovation and digitalization in … Read more
Global Wealth Management (GWM) recently published a report breaking down the AI market’s potential worth of $1.2 trillion by 2027 and identified three main layers: enablement, intelligence, and application. Within these layers, UBS estimates massive revenue opportunities for companies operating in the AI sector. Specifically, they foresee a $516 billion revenue potential in the enablement … Read more
Nvidia Corp (NASDAQ:NVDA) holds a prominent position on the list of Top 10 AI Stocks with the most advantages from the $1.2 trillion AI “value creation opportunity.” UBS Global Wealth Management recently released a comprehensive report examining the various layers of the AI “value chain,” projecting a combined market value opportunity of $1.2 trillion by … Read more
Nvidia’s stock has surged 170% this year to become the largest company in the world, but Bank of America believes it still presents a compelling investment opportunity. Analyst Vivek Arya outlined five reasons investors should view any decline in Nvidia stock as a buying opportunity in a recent note. Arya highlighted Nvidia’s software offerings as … Read more
Investors are currently debating between Nvidia and Broadcom as the top AI stock to buy. Both companies have made significant advancements in the field of artificial intelligence, leading to strong performances in the stock market. Nvidia, known for its high-performance graphics processors, has made strides in AI with its GPUs being used in many AI … Read more
Nvidia stock has surged 170% this year, becoming the largest company in the world. Despite this, Bank of America believes the stock still presents a good investment opportunity, with any decline seen as a chance to buy more. Analyst Vivek Arya outlined five reasons why investors should remain bullish on the chipmaker driving the artificial … Read more