3 AI Stocks Set for Another Surge Higher

12:32pm, Thursday, 03'rd Aug 2023
AI stocks present irresistible opportunities for forward-looking investors as the digital age progresses rapidly. The resilience and strength displayed by these equities have boosted the broader tech
NCR's Q2 earnings benefit from lower direct costs, indirect cost mitigation actions and a higher-margin revenue mix, partially offset by an unfavorable currency exchange rate and a higher tax rate.
More rate hikes could adversely impact the crypto market. Investors should thus adopt a buy-on-the-dip strategy, which could help stocks like PayPal Holdings (PYPL), Coinbase Global (COIN), NVIDIA Cor
Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet r

Where Will Nvidia Be in 10 Years?

09:02am, Thursday, 03'rd Aug 2023
Nvidia's revenue has increased sixfold in the past 10 years, and there is a chance that it may grow at a faster pace in the coming decade. Nvidia has a $1 trillion addressable-revenue opportunity that
TSMC recently downgraded its full-year guidance on account of near-term headwinds. The company remains confident of delivering solid long-term growth, and AI could play an important role.

Earnings Estimates Reflect Stabilization

08:58pm, Wednesday, 02'nd Aug 2023
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and

Earnings Estimates Reflect Stabilization

08:58pm, Wednesday, 02'nd Aug 2023
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and
SANTA CLARA, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, Aug. 23, at 2 p.m.
AI stocks have been on a tear so far this year, so they were due for a breather. Tepid results from AI chipmaker AMD gave investors an excuse to take profits.
Supermicro recently announced preliminary results and increased its net sales expectations.
AMD stock is down 2% in early trading August 2 after disappointing guidance and a to-be-executed Generative AI strategy
AMD stock is down 2% in early trading August 2 after disappointing guidance and a to-be-executed Generative AI strategy

Better Buy: AMD vs. Nvidia

06:15am, Wednesday, 02'nd Aug 2023
AMD and Nvidia have enjoyed monster rallies this year thanks to the potential of AI. AMD is investing heavily in its India-based chip manufacturing.
AMD stock is now set to be driven by its success in AI chips but analysts are split on how much market share it can take from Nvidia.
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