News Digest / Ticker: NVDA

Ticker: NVDA

04:21am, Friday, Aug 02, 2024
Nvidia (NASDAQ: NVDA) shares fell 2.3% in Frankfurt amid an antitrust investigation by the U.S. government, following complaints from competitors. The tech sector is under pressure, with Nvidia's stock down 6.7% recently, prompting traders to reassess risks and opportunities.

08:42am, Thursday, Aug 01, 2024
Wednesday was a remarkable day for stocks, with all major indexes closing higher. The S&P 500 and the Nasdaq Composite had their best day since February.

08:41am, Tuesday, Jul 30, 2024
On Monday, the S&P 500 and Nasdaq Composite saw slight gains as the busiest week of earnings season began. The S&P 500 advanced 0.08% to 5,463, while the Nasdaq Composite inched up 0.07% to 17,370. In contrast, the Dow Jones Industrial Average dipped 0.12%, closing at 40,539.

06:21am, Tuesday, Jul 30, 2024
Super Micro Computer (NASDAQ: SMCI), despite recent stock declines, shows a promising PEG ratio of 0.62, indicating it’s undervalued. With 50% of revenue from AI solutions, a rise in AI infrastructure demand, and innovative cooling tech, SMCI could recover significantly.

07:34am, Friday, Jul 26, 2024
Key PCE inflation data may influence Fed rate cuts, Apple faces declining sales in China, and SK Hynix invests $6.8B in a new semiconductor plant.

08:17am, Wednesday, Jul 24, 2024
NVIDIA (NASDAQ: NVDA) shares dipped 1.6% after Elon Musk announced Tesla's plans to enhance its Dojo supercomputer project, raising concerns about GPU supply and pricing. Traders should monitor NVIDIA's market position amid Tesla's increasing competition.

08:22am, Monday, Jul 22, 2024
A look into the latest market shifts: major stock declines, President Biden's exit from the 2024 race, Nvidia's new AI chip for China, and crude oil surplus forecasts.

03:48am, Monday, Jul 22, 2024
Nvidia (NASDAQ: NVDA) will launch a custom version of its "Blackwell" AI chips for China, adhering to U.S. export restrictions. Collaborating with Inspur, the new "B20" chip aims to outpace competitors. Nvidia's China revenue fell to 17% in FY2023 amid tightening U.S. semiconductor export controls.

05:02am, Thursday, Jul 18, 2024
Ray Dalio's Bridgewater Associates has notably increased its holding in Nvidia (NASDAQ: NVDA), doubling its position to 7 million shares, now worth over $600 million. With Nvidia leading AI advancements and showing strong fundamentals, this strategic move underscores Bridgewater's bullish outlook...

04:44am, Thursday, Jul 18, 2024
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) has raised its Q3 revenue forecast by up to 34%, fueled by high AI-driven semiconductor demand. Q2 profit surged to T$247.8 billion, surpassing expectations. Revenue jumped 33% to $20.8 billion, with a robust Q3 outlook of $22.4-$23.2 billion.

07:51am, Wednesday, Jul 17, 2024
Essential insights for Wednesday: Dow hits record highs, rate cut anticipated, Amazon Prime Day sales surge, and crude prices rise due to tight U.S. supplies.

04:21am, Wednesday, Jul 17, 2024
Donald Trump's recent comments on Taiwan's defense obligations triggered a 2.4% dip in Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares. Amid heightened geopolitical tensions with China and U.S. support intricacies, traders eye TSMC closely.

04:14am, Tuesday, Jul 16, 2024
Broadcom (NASDAQ: AVGO) and Marvell Technology (NASDAQ: MRVL) are emerging AI chip contenders. Broadcom’s transformative acquisitions bolster its revenue and AI market presence, projecting $11B in AI chip revenue for 2024. Meanwhile, Marvell focuses on DPUs and data centers, expecting AI revenue ...

04:13am, Tuesday, Jul 16, 2024
ASML (AMS: ASML) will reveal its Q2 results this Wednesday, amidst high expectations of new AI chip orders. Led by new CEO Christophe Fouquet, the company may upwardly revise guidance. Analysts predict net income of €1.41B on revenues of €6.04B, driven by demand from major clients like TSMC. With...

04:57am, Monday, Jul 15, 2024
Nvidia's (NASDAQ: NVDA) stock surged 785% in 2023 and 160% YTD, creating both opportunity and risk for investors. Funds with Nvidia enjoy high returns, but concentrated positions pose significant volatility. Analysts foresee modest growth due to competition and valuation concerns.

03:35am, Friday, Jul 12, 2024
The 'Warren Buffett Indicator' alarm sounds as stock market levels exceed the Dot-Com Bubble and Great Financial Crisis peaks. Currently at 195%, the indicator suggests overvaluation. Despite higher interest rates, robust earnings projections keep investors optimistic about major tech stocks.

03:26am, Friday, Jul 12, 2024
Intel (NASDAQ: INTC) aims to reach $1 billion in software revenue by 2027, driven by significant strides in AI, performance, and security. Greg Lavender, CTO, is pivotal in this shift, with the company actively acquiring software firms and focusing on open-source projects like Triton and the UXL ...

08:21am, Thursday, Jul 11, 2024
Thursday markets: S&P 500 reaches new high led by chip stocks, Costco (COST) increases membership fees, and PepsiCo (PEP) underperforms on Q2 revenue.

06:02am, Thursday, Jul 11, 2024
TSMC (NYSE: TSM) has surged 38% since April 29, fueled by AI demand and strategic partnerships with companies like Nvidia. However, geopolitical risks and rising valuations could temper further gains. TSMC's diversification efforts aim to reduce Taiwan-specific risks but come at higher costs.

03:21am, Wednesday, Jul 10, 2024
Taiwan Semiconductor Manufacturing Co. (TAIEX: TSM) reported a significant Q2 revenue growth, driven by high AI demand and surpassing market expectations with T$673.51 billion ($20.67 billion). This 32% YoY increase boosts TSMC ahead of their July 18 earnings report.

08:51am, Tuesday, Jul 09, 2024
S&P 500 and Nasdaq hit record highs. Key inflation data and Fed testimony in focus. Crude prices dip post-Hurricane Beryl. Netflix stock rises. These and more in today's market recap.

04:45am, Tuesday, Jul 09, 2024
Nvidia (NASDAQ: NVDA) could see a 16% rally, driven by high demand for its upcoming Blackwell chip, according to UBS. UBS raised Nvidia’s 12-month price target to $150, citing strong supply chain interest and potential EPS of $5 by 2025. Analysts recommend a 'Buy' rating.

03:15am, Friday, Jul 05, 2024
Nvidia (NASDAQ: NVDA) has surpassed a $3 trillion market cap, joining Apple (NASDAQ: AAPL) and Microsoft at the top. While Nvidia thrives on AI innovations, Apple is poised for a comeback with Apple Intelligence. Though Nvidia's growth faces sustainability challenges, Apple's moderate valuation o...

02:50am, Friday, Jul 05, 2024
Samsung Electronics (KS: 005930) projects over 15x growth in Q2 operating profit to $7.54B, driven by rising semiconductor prices amid the AI boom. Revenue to climb 23% YoY to 74T won. Samsung shares rose 1.2%. Detailed earnings to be released on July 31.

04:33am, Friday, Jun 28, 2024
Nvidia (NVDA) shares have surged over 150% in the first half of the year, boosted by its dominance in the AI chip sector. Recently, a 10-for-1 stock split was implemented, making shares more accessible and prompting a 30% gain. Historical data suggests stock splits often lead to outperformance, w...

08:33am, Thursday, Jun 27, 2024
Stock markets show mixed signals as Amazon hits a new high, Nvidia dominates AI chips, and investors await key economic data and the Presidential debate.

08:29am, Wednesday, Jun 26, 2024
Wednesday Markets Update: The S&P 500 and Nasdaq see gains, Volkswagen invests $1B in Rivian, and home prices hit record highs.

04:58am, Wednesday, Jun 26, 2024
Top fund managers are heavily investing in AI stocks, acquiring $67 billion in shares last quarter. Leading picks include Nvidia ($15.9B), Amazon ($14.4B), Microsoft ($13.1B), Apple ($11.8B), and Broadcom ($11.8B), all benefiting from their strong AI portfolios.

08:19am, Tuesday, Jun 25, 2024
Premarket movements saw Nvidia (NVDA) rebound 2.3%, while SolarEdge (SEDG) plunged 17% on debt news. Birkenstock (BIRK) dropped 3.8% due to a major shareholder's public offering. Novo Nordisk (NVO) rose 2.1% with China’s Wegovy approval. Trump Media (DJT) surged 9.2%, while Pool Corp (POOL) fell ...

04:56am, Friday, Jun 21, 2024
Huawei tops tech strides: HarmonyOS now in 900M devices, ranks second in China. Huawei (SHENZHEN: 002502) achieves AI success, outpacing Western rivals. Sales of Harmony-equipped phones rise 68%. Watch this evolving tech giant's market impact. #Huawei #TechStocks #AI

04:52am, Friday, Jun 21, 2024
Paul Wick of Seligman Investments trims Nvidia (NVDA) stake, citing growth concerns. Nvidia, reliant on top 10 clients for 60-70% revenue, draws parallels with dot-com era Cisco. Despite AI-driven surge, long-term sustainability questioned. Keep Nvidia on watch.

07:37am, Thursday, Jun 20, 2024
Nvidia (NASDAQ: NVDA) has overtaken Microsoft (NASDAQ: MSFT) as the world's most valuable publicly traded company, with a market cap exceeding $3.3 trillion. Driven by AI advancements, Nvidia's stock has surged over 200% in the past year, hinting at continued growth similar to past leaders like A...

03:05am, Thursday, Jun 20, 2024
Nvidia (NVDA) vs. Broadcom (AVGO): Long-Term Investment Showdown Choosing between Nvidia and Broadcom for a long-term investment hinges on understanding their strengths. Nvidia excels in GPU tech and AI growth, making it ideal for aggressive investors. Broadcom offers stability through its diver...

03:33pm, Tuesday, Jun 18, 2024
Nvidia surpasses Microsoft to become the world's most valuable public company, driven by a surge in AI chip demand and impressive market performance.

09:09am, Tuesday, Jun 18, 2024
Apple ends Pay Later program, S&P 500 reaches record high driven by tech stocks, Nvidia's influence in tech index rises. Learn about the latest financial updates.

06:03am, Monday, Jun 17, 2024
Goldman Sachs raises its year-end target for the S&P 500 to 5600, driven by strong earnings from mega-cap tech stocks like Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA). The S&P 500 has gained 15% YTD, fueled by AI growth.

05:16am, Wednesday, Jun 12, 2024
Elon Musk faces a lawsuit from Tesla shareholders (NASDAQ: TSLA) over alleged insider trading and misuse of company resources. The Employees' Retirement System of Rhode Island claims Musk sold $30 billion in shares before bad news hit Tesla’s stock. This lawsuit coincides with a regulatory probe ...

01:56am, Tuesday, Jun 11, 2024
Apple (NASDAQ: AAPL) unveils its "Apple Intelligence" AI strategy at WWDC, incorporating OpenAI's ChatGPT into Siri for enhanced functionality. Despite anticipation, Wall Street's reaction is lukewarm, with Apple shares falling 2%. Analysts see minor improvements but no major breakthroughs.

08:48am, Monday, Jun 10, 2024
Stock futures fall as Nvidia's stock split takes effect, while GME and LUV surge over 6% in premarket trading following recent news. Macron dissolves France’s parliament, and crude oil prices rise ahead of key reports.