Sign up for Morning Brief and receive in your inbox every morning along with: There are a lot of ways to describe Nvidia’s Very Good Week. Its fourth quarter earnings report and forecast helped boost the S&P 500 to a record close. Other AI stocks . And the company now expects its current quarter revenue […]
Tag: Nvidias
Short-seller Jim Chanos warns Nvidia’s epic growth is cannibalizing Big Tech — as the chip titan’s value surges by $1 trillion in 4 months
Jim Chanos.Reuters Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said. Nvidia is raking in profits while its customers are racking up bills, they said. Microsoft and Meta are among the largest buyers of Nvidia’s microchips. Nvidia is cannibalizing the growth of other “Magnificent Seven” companies, according […]
After Nvidia’s latest blowout, here are 20 AI stocks expected to rise as much as 44%
As data centers and other companies build the AI infrastructure, Nvidia isn’t the only way for investors to ride the long-term growth wave. – MarketWatch photo illustration/iStockphoto With Nvidia Corp. reporting another set of amazing numbers, it’s time for a broad look at the artificial-intelligence landscape to see which stocks are most favored by analysts. […]
These 2 Healthcare Stocks Are in Nvidia’s Portfolio. Should They Be in Yours?
Nvidia recently disclosed which stocks it has invested in, and while it reported a sizable position in chip designer Arm Holdings, the list also included a couple of notable healthcare companies focused on next-gen technologies. The two healthcare stocks in Nvidia’s portfolio are Nano-X Imaging (NASDAQ: NNOX) and Recursion Pharmaceuticals (NASDAQ: RXRX). Let’s have a […]
Nvidia’s growing sway over U.S. stock market
By Lewis Krauskopf and Noel Randewich NEW YORK (Reuters) – No single stock has embodied the U.S. market’s artificial intelligence fervor as much as Nvidia Corp, leaving Wall Street tied to the fluctuations of its volatile shares. The semiconductor company, whose chips are considered the gold standard in the AI industry, forecast fiscal first-quarter revenue […]
AMD, Super Micro, Palantir, Other AI Stocks Gain on Nvidia’s Strong Quarter
Investors fretted about the potential for an earnings-related selloff in Nvidia shares headed into the quarter. They’re now breathing a sigh of relief. Nvidia shares have jumped 7.7% in late trading Wednesday on the graphics chip company’s strong quarter and impressive guidance. Shares of other plays on artificial intelligence were also rising, setting the stage […]
How Nvidia’s Q4 earnings set the stage for further dominance
Shares of Nvidia (NVDA) rose after market close on Wednesday after the company posted its fourth-quarter earnings, posting $22.10 billion in revenue versus an expected $20.62 billion. The company also posted adjusted earnings per share of $5.16 versus an expected $4.64 per share. Antoine Chkaiban, New Street Research Technology Infrastructure Analyst, and Dan Morgan, Synovus […]
Nvidia’s 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence
SANTA CLARA, Calif. (AP) — Nvidia Corp., which has seen its value skyrocket over the past year thanks to soaring demand for its graphics chips used for artificial intelligence, posted stronger-than-expected results Wednesday for its latest quarter, with its revenue more than tripling from a year earlier. Nvidia reported revenue for its fiscal fourth quarter […]
Nvidia’s Hotly Anticipated Earnings May ‘Trigger’ Bitcoin and Crypto Correction, Analyst Says
Nvidia’s fourth-quarter earnings could trigger a broader correction for equities and crypto if it fails to live up to the hype. AI-related tokens such as OCEAN and FET may also trade off Nvidia’s earnings and outlook for the sector. The bitcoin {{BTC}} and the broader crypto rally could come to a halt if Nvidia’s {{NVDA}} […]
Super Micro Computer Stock Is Falling Ahead of Nvidia’s Big Earnings Report Today — Is This a Buying Opportunity?
Super Micro Computer (NASDAQ: SMCI) stock headed lower Wednesday, trading down by 7.5% as of 1:38 p.m. ET, according to data from S&P Global Market Intelligence. As macroeconomic concerns ticked up, artificial intelligence (AI) stocks broadly pulled back in Wednesday’s trading. Adding another source of uncertainty into the mix, Nvidia is scheduled to report its […]
Nvidia’s Q4 earnings will be a referendum on the AI trade as revenue expected to jump 234%
Nvidia (NVDA) will announce its fourth quarter earnings after the bell on Wednesday, one of the most highly anticipated earnings reports in recent memory. Shares of the AI chip darling have skyrocketed over 200% over the last 12 months, easily outpacing rivals AMD (AMD) and Intel (INTC). Nvidia’s incredible run briefly pushed its market capitalization […]
Nvidia’s Earnings Are Hours Away. Here’s What to Expect.
Everybody is talking about Nvidia—and some investors are getting worried. Later today, Nvidia reports results in what’s likely to be the most closely watched report in the company’s three decade history. With the chip maker’s shares up nearly 50% this year, expectations are certainly high. Wall Street analysts expect Nvidia to report January quarter revenue […]