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Goldman Sachs raised Nvidia’s price target from $210 to $240 ahead of its November 19 earnings
Goldman Sachs has raised its 12-month price target on Nvidia from $210 to $240, showing confidence that the chipmaker’s strong run will continue into its next earnings report, scheduled for November 1...
Nvidia's Jensen Huang meets with Samsung’s Jay Y. Lee and Hyundai’s Euisun Chung as ties deepens
Jensen Huang, the CEO of Nvidia, arrived in Seoul for his first official visit to South Korea in more than ten years, according to Reuters. He met Samsung Electronics Chairman Jay Y. Lee and Hyundai M...
Nvidia jumped 5% and is close to a $5T valuation, lifting the entire stock market to new record highs
US stock markets broke new ground Tuesday, with Nvidia dragging the entire market higher after its GTC event in Washington, D.C., where Cryptopolitan reported it dropped a flood of announcements. Nvid...
Nokia shares rose 21% after Nvidia bought a $1 billion stake for 2.9% ownership
Nokia shares went wild Tuesday, jumping by 21% after the company said Nvidia is throwing in $1 billion for a 2.9% stake. The Finnish telecom equipment maker will issue over 166 million new shares to l...
Wall Streets rises to all-time high as tech stocks rally ahead of key earnings
More on markets: The Great China Discount, What's Beneath The Hang Seng Index The Fed Preview: Another 25bps Cut Under The 'Blurred Vision' Week Ahead: A Most Consequential Week S&P 500 clocks stronge...
Coatue’s ‘Fantastic 40’ – Stocks to lead in AI
More on Global X Artificial Intelligence & Technology ETF: AIQ: What Real Exposure To AI And Big Data Looks Like In An ETF Global Portfolio Managers Bullish, Eyeing A Possible AI Bubble No AI bubble h...
S&P 500 rose 0.4% on Wednesday, driven by strong Bank of America and Morgan Stanley earnings
The S&P 500 rallied on Wednesday after Bank of America and Morgan Stanley delivered strong quarterly results that pulled investors back into risk assets, according to data from CNBC. The S&P 500 surge...
Will bitcoin miners' pivot to AI data centers be worth the cost?
The anticipated gross payout from AI/HPC partnerships no doubt is large, though "data centers are a big spend, and we're already seeing Bitcoin miners like Terawulf ( WULF ) and Cipher Mining ( CIFR )...
Cantor Fitzgerald raised Nvidia’s price target to $300, predicting a 60% rally
Cantor Fitzgerald raised its target price on Nvidia to $300 from $240, calling for a potential 59% rally in the stock, according to a note shared on Thursday. The firm kept an “overweight” rating on t...
Nvidia stock rose 2% after CEO Jensen Huang said AI computing demand has surged in the last six months
Nvidia stock surged by 2% on Wednesday after CEO Jensen Huang said the demand for AI computing has grown at an explosive pace this year. Speaking live on CNBC’s Squawk Box , Jensen explained, “This ye...
Goldman Sachs dismisses market bubble fears, warns investors not to overleverage
According to Goldman Sachs, the U.S. stock market hasn’t hit bubble levels yet, even with tech prices surging off the back of the artificial intelligence boom. But the bank warned that investors shoul...
Why an AI ‘land grab’ environment puts stock valuations in a frenzy
More on AI: AIEQ: AI's Unfulfilled Promise Capturing AI's Upside: ARTY's Concentrated Play On Tomorrow's Winners ARTY: A Generational Investing Theme Could AI capex crash the U.S. economy? – TS Lombar...