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NVDA
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Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead
Members of Congress are scooping up shares of Advanced Micro Devices. The leading AI chip maker, Nvidia, is popular with lawmakers on Capitol Hill. AMD has lagged behind Nvidia in the AI chip market, but is a better AI stock to buy than Nvidia. AMD hopes to take some market share from its bigger rival.
The Motley Fool · 53m ago
Meet the 2 Best S&P 500 Stocks of 2024. They Could Soar Another 69% and 91%, According to Certain Wall Street Analysts.
N Nvidia and Super Micro Computer have been the best-performing S&P 500 stocks of 2024. The artificial intelligence stocks have led the index up 61% and 166% year-to-date. Wall Street analysts still see substantial upside for shareholders. Nvidia specializes in accelerated computing and is well positioned to monetize AI.
The Motley Fool · 1h ago
Generative AI Software Sales Could Soar 6,260%: My Pick for the Best AI Stock to Buy Now (Hint: Not Nvidia)
This little-known software stock could soar as businesses spend more on generative artificial intelligence. Bloomberg Intelligence says generative AI software sales could soar 6,260% to $318 billion by 2032. But I think software company Docebo is the better buy right now. The company specializes in corporate learning management.
Forward News · 1h ago
Antony Blinken Says US Chip Ban Doesn't Mean 'Cutting Off Trade' Or 'Holding Back China'
U.S. Secretary of State Antony Blinken said that the export controls are not designed to hinder China's economic or technological advancement. He said the country does not aim to impede China's growth with the controls on advanced computing chips. Blinken was speaking to National Public Radio in Beijing.
Benzinga · 1h ago
3 Top Artificial Intelligence (AI) Stocks That Billionaires Jim Simons, Ray Dalio, and Israel Englander Are Buying
Jim Simons, Ray Dalio, and Israel Englander all own three of the same "Magnificent Seven" tech stocks. The hedge funds are Renaissance Technologies, Bridgewater Associates, and Millennium Management. These three investors are big backers of the AI boom's top companies. Nvidia, Alphabet, and Meta Platforms are among the top holdings of these hedge funds.
The Motley Fool · 2h ago
US, China Set To Hold First High-Level Talks On AI, Blinken Confirms: Tiktok 'Did Not Come Up' In Discussion
The U.S. And China have agreed to hold their first high-level talks on artificial intelligence. Secretary of State Antony Blinken confirmed the talks in Beijing on Friday. The two nations will discuss potential risks and safety concerns associated with AI. The talks are scheduled to take place in the "coming weeks"
Benzinga · 6h ago
Jim Cramer Weighs In Ahead Of Apple, Amazon, Eli Lilly Earnings: 'We Have To Run Such A Ridiculous Gauntlet Next Week'
Jim Cramer, the host of CNBC's "Mad Money," has outlined the key events investors should watch in the upcoming week. Cramer highlighted the importance of earnings reports from Apple, Amazon.com, and Eli Lilly and Co. On Thursday. The Federal Reserve meeting on Wednesday and employment figures from the Department of Labor are also scheduled for the week.
Benzinga · 7h ago
REFILE-U.S. chip bans not meant to hobble China's growth, Blinken says
U.S. Export controls on sending advanced computing chips to China are meant to hobble China's growth, secretary of state says. Antony Blinken says in an interview with national public radio. Since 2022, the United States has imposed sweeping controls on which chips can be exported to China. But two companies have been granted licenses to sell chips to Huawei.
Reuters · 10h ago
10 Cathie Wood Stocks Insiders are Selling
Cathie Wood's flagship ARK Innovation ETF is down about 12% this year through April 26. ARK Investment Management's funds bleed assets and experience brutal exodus of investors. Half of ARK's innovation fund is invested in just seven stocks. In this article, we look at the 10 stocks Cathie Wood insiders are selling in her portfolio.
Forward News · 11h ago
Tech’s Biggest Comeback? 3 Stocks to Buy for the Epic Rebound.
Investorplace · 12h ago
Google makes history as it closes above $2T
Tech Google makes history as it closes above $2T in market cap valuation on Friday. Only Apple, Microsoft and Nvidia have reached this milestone. Google stock soared 9.92% on Friday to reach $2.15T. The company's first quarter results beat expectations and launched its first dividend.
Seeking Alpha · 13h ago
US STOCKS-Wall Street shares close up as megacap tech stocks rally
Wall Street shares close up as megacap tech stocks rally March PCE data in line with estimates Alphabet jumps on first-ever dividend, $70 bln buyback plan Microsoft gains after earnings beat estimates U.S. Stocks closed higher on Friday after robust quarterly results from Google and Microsoft. Data showed monthly inflation rose moderately in March on an annual basis. Six out of the 11 major S&P 500 sectors finished higher.
Reuters · 13h ago
The 'Mag 7' is over, look to energy instead: David Bahnsen
The "Magnificent Seven" of tech companies are coming to an end. David Bahnsen says the tech sector is evolving beyond previous top names. He says investors are relying on high valuations as a standard for tech stocks. The BahNSen Group CIO joins Market Domination to give insight into earnings.
Forward News · 13h ago
Can Broadcom Stock (NASDAQ:AVGO) Join the $1 Trillion Club?
TipRanks · 13h ago
US Homeland Security names AI safety, security advisory board
US Homeland Security AI safety, security advisory board will advise the government on the role of artificial intelligence on critical infrastructure. The board includes the CEOs of OpenAI, Microsoft, Google parent Alphabet and Nvidia. Board will develop recommendations for the transportation sector, pipeline and power grid operators. The U.S. Homeland Security Department announced the board on Friday.
Reuters · 14h ago
Intel 'Still A Work In Progress' As 'Turnaround Efforts Take Root,' Analysts Say After Q1 Disappointment
Intel Corp (NASDAQ:INTC) stock fell after reporting a first-quarter (Q1) revenue miss and weak Q2 EPS guidance. The company’s quarterly earnings of 18 cents per share beat the consensus estimate by 28.57%. But sales of $12.72 billion missed estimates by 0.44%.
Benzinga · 14h ago
Mobileye Stock Slumps on Analyst's Downgrade. The EV Sales Slump Could Hurt.
Morgan Stanley analyst cuts his rating on Mobileye Global shares to Underweight. Mobileye shares were down 6.8%, to $28.80. The primary issue is "a surprise slowdown" in consumer adoption of electric vehicles, analyst says. The company is a provider of software for autonomous and assisted driving.
Barron‘s · 14h ago
Mobileye Global Hit By Surprise EV Slowdown; This Analyst Turns Bearish
Mobileye Global Inc reported a 48% year-on-year revenue decline for the first quarter. Morgan Stanley downgrades the rating for Mobileye Global and lowered the price target from $26 to $25. The firm says stiff competition and the unexpected downturn in electric vehicle adoption limits Mobileye's TAM.
Benzinga · 15h ago
SMH: A Hedged Way To Own Nvidia, But It's Overvalued
The VanEck Semiconductor ETF focuses on the semiconductor sector, with a smaller number of stocks for targeted exposure. NVDA is a popular way to hedge against sharp drops in NVDA's stock price. The fund is a good example of how an ETF can be used to target specific stocks with some cushion. But the semiconductors sector may have gone too far too fast for its own good.
Seeking Alpha · 15h ago
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
The S&P 500 gained over 1% on Friday and is up 2.8% this week. The Nasdaq 100 is on track for its best week in seven months. Strong earnings reports from Alphabet and Microsoft restored positive sentiment in the market. The Magnificent Seven gained a combined $400 billion in a day.
Benzinga · 15h ago
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About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company accelerates computing to help solve the computational problems. The Company’s segments include Compute & Networking and Graphics. Compute & Networking segment includes its data center accelerated computing platform; networking; automotive artificial intelligence (AI), cockpit, autonomous driving development agreements and autonomous vehicle solutions; electric vehicle computing platforms; NVIDIA AI Enterprise and other software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU (vGPU), software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and omniverse enterprise software for building and operating metaverse and three-dimensional Internet applications.