Another day, another achievement for Nvidia (NASDAQ: NVDA) stock yesterday (5 November). That’s because the chipmaker reclaimed its crown from Apple to become the world’s largest company. Both have market-caps above $3.3trn! Yet Nvidia… Article Source https://uk.finance.yahoo.com/news/nvidia-stock-keep-soaring-experts-065508623.html
United Airlines and Nvidia bookend list of 15 soaring S&P 500 stocks in October MarketWatch Article Source https://www.marketwatch.com/story/united-airlines-and-nvidia-bookend-list-of-15-soaring-s-p-500-stocks-in-october-ebdfd76a
Nvidia Stock Is Soaring to All-Time Highs: Here’s What NVDA Stock Investors Should Know The Motley Fool Article Source https://www.fool.com/investing/2024/10/29/nvidia-stock-is-soaring-to-all-time-highs-heres-wh/
In a nutshell: Nvidia briefly managed to dethrone Apple as the world’s most valuable company. With demand for the chipmaker’s AI silicon showing no signs of letting up anytime soon, Team Green is poised to cement itself as the new king of… Article Source https://www.techspot.com/news/105315-nvidia-briefly-overtakes-apple-world-most-valuable-company.html
Nvidia stock has been in stellar form on the market over the past couple of years thanks to the proliferation of artificial intelligence (AI), as the robust demand for the company’s graphics cards that are deployed in data centers has led to… Article Source https://finance.yahoo.com/news/1-incredibly-cheap-semiconductor-stock-110000054.html
Google is ready to go nuclear in the name of AI. The search giant struck a deal to bring new nuclear plants online to power its AI data centers. It’s the latest tech company to express interest in nuclear to meet… Article Source https://www.businessinsider.com/google-nuclear-power-ai-data-centers-2024-10
Cloud computing startup Lambda Labs is in talks to raise an additional $800 million to take advantage of the growing demand for artificial intelligence and the shortage of advanced graphics processing units. This funding would add to the $320 million raised by the company earlier this year, and would help fund the expansion of its … Read more
NVIDIA dominates the data center GPU market, with a reported market share of over 80%. The company has seen significant growth since launching ChatGPT in November 2022, driving demand for AI hardware and pushing its shares up 150% this year. Historical data suggests that NVIDIA tends to perform better in the second half of the … Read more
Shares of Nutanix (NASDAQ: NTNX) surged by 27% after the enterprise hybrid cloud provider reported better-than-expected fiscal fourth-quarter earnings. The company posted revenue of $299.9 million, beating analysts’ estimates of $294 million. Adjusted net loss was $105.8 million, or $0.57 per share, compared to consensus expectations of $0.64 per share in adjusted losses. The company’s … Read more
Nvidia has seen a significant rise in revenue and profits in recent quarters, with investors viewing the company as a safe bet on artificial intelligence. Despite strong financial performance, some analysts are questioning the sustainability of Nvidia’s current valuation, which exceeds that of any other company in the world. The company’s forward price/earnings multiple and … Read more