Nvidia stock soars 10% to new high as demand for AI chips remains strong

Nvidia stock soars 10% to new high as demand for AI chips remains strong

Nvidia CEO Jensen Huang gave a speech at the Nvidia GTC Artificial Intelligence Conference in California, boosting the company’s shares by over 10% following a strong earnings report that beat Wall Street estimates. The report showcased the ongoing demand for Nvidia’s artificial intelligence chips, with data center income increasing by a staggering 427% in the … Read more

Today’s Business News: Updates on Stock and Share Market, Economy and Finance, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

Today’s Business News: Updates on Stock and Share Market, Economy and Finance, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

As a journalist, the following content is summarised in 500 words: The form with the name “mktinfo_scr_frm” and id “mktinfo_scr_frm_new” is a part of a website that enables users to select certain criteria for screening companies based on specific financial parameters. The form contains hidden input fields for “indcode,” “call_option,” and “optex.” Users are required … Read more

Artificial Intelligence (AI) Stocks to Watch for Potential Stock Splits: 5 Companies to Keep an Eye On | The Motley Fool

Artificial Intelligence (AI) Stocks to Watch for Potential Stock Splits: 5 Companies to Keep an Eye On | The Motley Fool

The surge in AI chip stocks has led to soaring prices, prompting some companies to consider stock splits. The technology sector, particularly semiconductor stocks, has benefited greatly from the AI revolution, with companies experiencing significant growth in their stock prices. NVIDIA, a leader in AI GPU chips, has a history of stock splits and may … Read more

Top 10 Surprising Facts Every Nvidia Stock Investor Should Learn Post Earnings

Top 10 Surprising Facts Every Nvidia Stock Investor Should Learn Post Earnings

In a recent video, details were shared regarding the latest updates impacting NVIDIA (NASDAQ: NVDA). The video, which was published on May 22, 2024, discussed aftermarket stock prices from the same day. Viewers were encouraged to watch the video to gain insights and were invited to subscribe to the channel. Additionally, a special offer link … Read more

Is Oracle Corporation (NYSE: ORCL) the Top Artificial Intelligence Software Stock Recommended by Billionaire Steve Cohen?

Is Oracle Corporation (NYSE: ORCL) the Top Artificial Intelligence Software Stock Recommended by Billionaire Steve Cohen?

Insider Monkey recently examined billionaire Steve Cohen’s most recent investment portfolio to highlight some of his preferred AI stock picks. Cohen, well-known for his success in the hedge fund industry, manages Point72 Asset Management and has a track record of making profitable bets. His fund has seen significant growth, with reports stating that it has … Read more

Intel and Walt Disney’s declining stock values contribute to Dow Jones Industrial Average dropping by 100 points.

Intel and Walt Disney’s declining stock values contribute to Dow Jones Industrial Average dropping by 100 points.

The Dow Jones Industrial Average experienced a decline on Thursday morning due to negative returns from Intel and Walt Disney stocks. The index was trading 105 points lower, representing a decrease of 0.3%. Intel shares saw a drop of $0.54, or 1.7%, while Walt Disney shares also contributed to the index’s intraday decline. Investors are … Read more

Nvidia’s Stock Surges on Strong Earnings and Stock Split Announcement

Nvidia’s Stock Surges on Strong Earnings and Stock Split Announcement

The tech giant NVIDIA experienced a surge in its stock price after reporting strong financial results for the first quarter of fiscal 2025. The company’s revenue and earnings surpassed Wall Street expectations, leading to a 6.1% jump in after-hours trading. This marked the fourth consecutive quarter of triple-digit percentage growth in both revenue and adjusted … Read more

Is Nvidia Corp (NVDA) the Top AI Stock Recommended by Billionaire Steve Cohen?

Is Nvidia Corp (NVDA) the Top AI Stock Recommended by Billionaire Steve Cohen?

Renowned billionaire hedge fund manager Steve Cohen, known for his insightful and high-performing investments, has seen great success with his fund Point72 Asset Management. Having founded SAC Capital in 1992, Cohen has consistently made profitable moves in the market, losing money only once from 1992 to 2009. The fund has raised approximately $12.8 billion since … Read more

The Impact of Nvidia’s Stock Split on Individual Investors

The Impact of Nvidia’s Stock Split on Individual Investors

Nvidia’s recent announcement of a 10-for-1 stock split has generated excitement among investors and analysts on Wall Street. The chipmaker’s strong quarterly earnings and positive outlook for AI technology have resulted in an increase in target prices from various firms. This news has caused Nvidia’s stock to rise by over 7% and surpass $1,000 for … Read more