Nvidia is rapidly closing in on Microsoft as the most valuable company in the world, reaching a market value of over $1 trillion. However, some investors are skeptical of its continued growth, with $34 billion in short bets against the company, nearly doubling those against Apple and Tesla combined. Despite this, the short bets against … Read more
Nvidia’s market capitalization reached $3 trillion, making it the second-largest public company in the U.S. behind Microsoft. Short interest in Nvidia is valued at around $2 billion in the last 30 days, raising questions about future stock movement after the planned 10-for-1 stock split. S3 Partners CEO Ihor Dusaniwsky discusses the impact of short selling … Read more
Samsung is facing challenges with its latest HBM3 and HBM3E memory stacks as they failed Nvidia’s tests due to excessive heat and power consumption issues, according to Reuters. This is significant as Nvidia dominates the global market for processors for artificial intelligence applications and relies on HBM supplies for its processors based on the Hopper … Read more
Google has recently introduced a new feature called “AI Overview” that appears at the top of search results pages to provide concise answers to user queries. However, there have been instances of inaccuracies and questionable results produced by this AI, such as the insertion of diverse depictions of historical figures and incorrect information about certain … Read more
NVIDIA is set to release its highly anticipated earnings report after the closing bell on Wednesday, with expectations of a 242% increase in revenue. Investors are eagerly awaiting these results, hoping they will boost the overall market. Yahoo Finance’s Joseph Lipton provides insight into investor sentiment surrounding Nvidia stock and its potential impact on the … Read more
Journalist Mike Dolan provides a market update for the coming day in both US and global markets. Despite ongoing concerns about inflation and interest rates, the major indexes are not expected to see much movement on Wednesday. Nvidia’s strong earnings performance is expected to have an impact on the market, as the company’s stock price … Read more
The recent financial report from Palo Alto Networks did not meet investor expectations due to its conservative guidance, causing the company’s stock to drop. Despite reporting a 15% year-over-year increase in revenue for the fiscal third quarter, Palo Alto’s forecast for the fourth quarter fell short of impressing investors. Additionally, the company revised its full-year … Read more
VMware, Inc. (NYSE:VMW – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 3,880,000 shares, a drop of 17.3% from the August 31st total of 4,690,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is … Read more
With the latest VMware earnings on deck this week, and the Broadcom purchase looming, one investment firm on Monday downgraded its rating of the multicloud provider. Source link