NVIDIA, a chip maker listed on NASDAQ under the ticker symbol NVDA, has experienced significant growth in recent years due to the increased demand for artificial intelligence (AI) technology. The company’s chips are essential for organizations looking to develop their own AI models, leading to a surge in its stock price by approximately 238% over … Read more
Morgan Stanley has identified several stocks that still have room to grow this summer, including companies like Dell Technologies, Hasbro, Nvidia, Progressive, Bath & Body Works, and Warner Music Group. Hasbro, in particular, is seen as a top pick by analyst Megan Alexander due to improving toy demand trends and strong first-quarter earnings. Progressive, an … Read more
NVIDIA and SoundHound AI have been performing well in the stock market this year, with significant gains attributed to different factors. NVIDIA’s success is due to strong demand for its GPUs and processors for AI servers, leading to a 90% increase in earnings in 2024. On the other hand, SoundHound AI saw a surge following … Read more
Two AI companies are set to report their latest financial results next month. The S&P 500 is currently at a record high, with nearly 80% of companies exceeding Wall Street’s expectations for the first quarter of 2024, according to FactSet. CrowdStrike and Broadcom, both known for their operational success, will be releasing their financial results … Read more
The stock market experienced a reversal at Thursday’s close following the release of Nvidia’s fiscal first-quarter earnings report. The Dow Jones Industrial Average dropped by 605 points, or just over 1.5%, while the S&P 500 fell below 5,300. Market analysts like Julia Hyman and Jared Blikre discussed the day’s market performance and highlighted losses in … Read more
The Justice Department is stepping up its antitrust efforts by targeting Live Nation, filing a lawsuit that seeks to split up the entertainment giant. Prosecutors and a coalition of states claim that Live Nation used its Ticketmaster ticketing monopoly to crush competition, following a two-year probe into the company. This legal action comes 14 years … Read more
A recent report from Nvidia has sparked concern for Intel as their stock dropped despite no direct news impacting it. Nvidia’s solid earnings report, along with a 10-for-1 stock split announcement, has positioned them as a leader in the AI market, an area Intel is striving to excel in. Some speculate that Nvidia may replace … Read more
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
Several semiconductor stocks, like Micron Technology Inc, Broadcom Inc., and Lam Research Corporation, are experiencing an increase in trading on Thursday in response to NVIDIA Corp.’s positive first quarter results presentation. NVIDIA exceeded analyst expectations for the first quarter, reporting revenue of $26.044 billion and earnings of $6.12 per share. The company also provided optimistic … Read more
As a journalist, the information provided in the content pertains to a form with hidden input fields and dropdown menus related to market data screening. The form includes options for selecting criteria such as market capitalization, net sales, net profit, total assets, and various other financial metrics. The user can choose a specific industry code … Read more