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
Nvidia (NVDA) has shown signs of profit-taking, indicating a potential slowdown in the tech sector. This could lead to bearish trading opportunities, with focus on a bearish trade on the Invesco QQQ Trust, an ETF tracking the Nasdaq 100 index. After reaching a record high, QQQ is facing resistance at $486. Fibonacci retracements suggest a … Read more
On Monday, the Nasdaq Composite fell by over 190 points, while the Dow Jones Industrial Average leaped ahead by 260 points. Nvidia’s continued decline for the third session in a row had a negative impact on the S&P 500. In this episode of Market Domination Overtime, hosts Julie Hyman and Josh Lipton spoke with Invesco … Read more
The stock market experienced a decline today, with both the S&P and Nasdaq falling. This drop can be attributed to Nvidia, a technology company whose stock price fell for the second day in a row. Investors were concerned about Nvidia’s performance, causing its stock to decrease. This decline had a ripple effect on the overall … Read more
Several semiconductor stocks, including Nvidia, experienced declines recently. However, despite this trend, two AI chip stocks managed to stay in the green. This has led some investors to consider whether now is the right time to consider buying these particular stocks. The Motley Fool, a well-known financial news and analysis website, recently addressed this topic … Read more
Oracle Financial Services has recently shown a breakout of a double bottom trend reversal pattern in the cash market, according to Money Control. The double bottom pattern is a bullish reversal pattern that signals a potential turnaround in the stock’s direction. This breakout is significant as it indicates a possible shift in the stock’s previous … Read more
Trend Micro, a cybersecurity software manufacturer, has announced plans to develop the first security solutions specifically designed for PCs with AI capabilities. This new product is set to be released to the mainstream market this summer. Trend Micro is known for producing some of the best antivirus software programs for mobile and Windows platforms. The … Read more
Microsoft recently announced a line of personal computers designed for artificial intelligence (AI). According to a report issued by Morgan Stanley, this launch could potentially spark a new wave of PC sales. The report suggests that the commercial PC market will be the first to adopt AI PCs as productivity tools. Factors such as a … Read more
IBM’s recent earnings report showed a positive trend in the first quarter of 2024. The company beat the Zacks Consensus Estimate in terms of net income, but fell short on the bottom line, despite strong demand for AI and hybrid cloud solutions. IBM reported a GAAP net income of $1.69 per share, up from $1.02 … Read more
The global Adaptive Security Market is projected to reach $xx.x billion by 2031, with a CAGR of xx.x percent from 2024 to 2031. This market, valued at xx.x billion dollars in 2023, is experiencing significant growth potential and demand on a global scale. Verified Market Research has released a comprehensive report titled “Adaptive Security Market: … Read more