Investor Warren Buffett advises to remain cautious when others are overly optimistic and to capitalize on opportunities when others are hesitant. One method to gauge fear in a stock is by using the Relative Strength Index (RSI), with a reading below 30 indicating oversold conditions. On Friday, Nutanix Inc (NTNX) crossed into oversold territory with … Read more
NVIDIA CEO Jensen Huang spoke at a conference in San Jose, California, highlighting the latest developments in artificial intelligence. The Dow Jones Industrial Average experienced a significant drop of more than 600 points, attributed to Boeing’s performance. Despite reaching all-time highs, both the S&P 500 and Nasdaq Composite ended the day in negative territory. On … Read more
Arista Networks (ANET) saw a 7.5% drop in its stock on Thursday after Nvidia (NVDA) discussed its networking ambitions during an earnings call. Nvidia mentioned its Spectrum-X product, which would allow the company to enter the market for bringing large-scale AI to Ethernet-only data centers. Bloomberg Intelligence highlighted that while Nvidia’s move is seen as … Read more
In a surprising move, Nvidia has set its sights on the home PC market, impacting Intel’s stock performance. This new competition has caused Intel’s shares to drop by nearly 4.5% in Thursday’s trading session. Nvidia’s strong earnings report has fueled its entry into the personal computer market with a focus on AI technology. While Nvidia … Read more
The Dow Jones Industrial Average is experiencing a decline in trading on Thursday afternoon, primarily due to losses in Boeing and Intel stocks. The blue-chip gauge has dropped by 342 points, or 0.9%. Boeing shares have fallen by $11.20, or 6%, while Intel shares are also down. This has led to a decrease in the … Read more
The Dow Jones Industrial Average experienced a decline on Thursday morning, largely due to losses in Intel and Boeing stocks. The blue-chip indicator was trading 240 points lower, reflecting a decrease of 0.6%. Intel shares saw a decrease of $0.77, or 2.4%, while Boeing shares dropped by $3.97. These declines contributed to the overall intraday … Read more
In recent news, stocks of NVIDIA Corp. (NVDA) have been declining due to reports indicating that Amazon.com Inc. (AMZN) has stopped ordering the company’s most advanced superchip. Amazon is reportedly waiting for more powerful models introduced this year before making further orders. Nvidia recently launched its new chip architecture called Blackwell, which contains 208 billion … Read more