|Day's range||161.61 - 162.63|
The AI rally behind tech stocks is pushing Nvidia shares higher, but is it too much, too soon for the chipmaker? Morningstar Chief U.S. Market Strategist David Sekera joins Yahoo Finance Live to discuss which companies may be overvalued. Sekera's top stock picks include AT&T and Taiwan Semiconductor Manufacturing Company.
With graphics chip-maker Nvidia's (NASDAQ: NVDA) stock more than doubling year to date, has the stock gotten to the point that it is grossly overvalued? To gauge whether or not NVIDIA shareholders should take some profits off the table today, let's take a look at two things: the overall market and NVIDIA stock specifically. Signs of underlying froth in tech could pose a risk to Nvidia's stock price performance over the long haul.
Nvidia shocked the investment world when discussing its future revenue guidance thanks to the massive demand for generative artificial intelligence (AI). This will allow Nvidia to sell more graphics processing units (GPUs), the hardware used to train AI models. Instead of buying Nvidia, a grossly overvalued stock, investors should look one step down the value chain at its suppliers.
Here's the megacap stock Wall Street thinks will skyrocket the most over the next 12 months. Refinitiv recently surveyed 48 analysts who cover Chinese technology company Alibaba Group Holdings (NYSE: BABA). Another 18 analysts are even more bullish, rating Alibaba as a "strong buy."
This week it almost touched a $3trn cap with the launch of its mixed reality headset (only to drop back down when it revealed the eyepopping $3,500 price tag) but it first hit the trillion-dollar milestone in 2018, mainly thanks to the iPhone. Last week, another company joined this exclusive club, which also includes Microsoft, Amazon, Alphabet and Saudi Aramco, when chipmaker Nvidia briefly nudged over a market cap of one trillion dollars.
Nvidia (NASDAQ: NVDA) showcases to investors how its technology is being used to improve the healthcare industry, and many other updates are shared in this short video. Check it out to learn more, consider subscribing, and click the special offer link below.
Despite several bearish characteristics at the moment, the market continues moving higher. Are you capitalizing? Dave Bartosiak outlines three of the most popular bearish arguments... and their bullish counterparts that are in control right now.
This elite group of 7 mega-cap companies currently accounts for 27.5% of the S&P 500 index's total market capitalization and is expected to bring in 16.2% of the index's total earnings this year.
The AI hype surrounding the tech sector has boosted stocks this year. The rally is here to stay as the AI valuation is not too stretched.
The S&P 500 entered a new bull market, ending the longest bear streak since the 1940s.
(Bloomberg) -- Advanced Micro Devices Inc.’s stellar share-price performance this year reflects its place in the eyes of investors looking to make an artificial intelligence trade: the best backup plan.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareOdey Sacked From His Hedge Fund Firm After Assault AllegationsAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsCrypto Weekend Slump Compounds Jitters of Investors Already on EdgeTrump’s Own Words Pl
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
Among investors looking to get a piece of the action in the artificial intelligence (AI) gold rush, Nvidia (NASDAQ: NVDA) has a top spot on nearly everyone's list. The graphics processing unit (GPU) powerhouse offers the most powerful products in their niche, and those chips are vital equipment in the AI supply chain. Nvidia's primary products are GPUs.
There's a compelling argument that 2023 might be the year that artificial intelligence (AI) finally hits the mainstream. Recent advances in the field of generative AI have resulted in AI systems that can summarize text, write poems, successfully complete complicated tests, and even create works of art. Nvidia's graphics processing units (GPUs) enable parallel processing -- or the ability to run a magnitude of complex mathematical computations simultaneously -- which makes them the gold standard for speeding data through the ether.
Nvidia (NASDAQ: NVDA) is spearheading the artificial intelligence (AI) revolution. If you're thinking about buying Nvidia stock or already own it in your portfolio, read on for a look at one green flag and one red flag that could impact the company's share price going forward. After beating performance targets in the first quarter, Nvidia expects to grow sales by 53% on a sequential basis in the current quarterly period to reach revenue of $11 billion.
Here are a couple of AI stocks that offer better value and could outperform the market over the next several years.
Nvidia is red hot, but these AI stocks still trade at big discounts and could be even bigger winners.
Companies joining the artificial intelligence (AI) market have experienced a bull run in 2023, with companies like Nvidia and Microsoft enjoying stock rises of 165% and 39% since Jan. 1. Here is the bear versus bull review for AMD stock. As a result, if you're considering buying AMD stock, it's crucial to keep a long-term mindset.
The surge in artificial intelligence (AI) applications has had a major impact on Nvidia (NASDAQ: NVDA), pulling the chipmaker out of the rut it was in and helping it deliver terrific guidance for the current quarter that points toward outstanding year-over-year growth in its revenue and earnings. More specifically, for its fiscal 2024 second quarter (which began on May 1), Nvidia forecasts a 64% year-over-year increase in revenue to $11 billion at the midpoint of its guidance range. Analysts are expecting the company's earnings to jump to $2.05 per share from $0.51 per share in the prior-year period, which isn't surprising given the immense pricing power that Nvidia enjoys in AI chips.
A feature in Nvidia’s artificial intelligence software can be manipulated into ignoring safety restraints and reveal private information, according to new research. Nvidia has created a system called the “NeMo Framework” which allows developers to work with a range of large language models — the underlying technology that powers generative AI products such as chatbots. The chipmaker’s framework is designed to be adopted by businesses, such as using a company’s proprietary data alongside language models to provide responses to questions — a feature that could, for example, replicate the work of customer service representatives, or advise people seeking simple healthcare advice.
Artificial intelligence and this week's market melt-up are driving mega cap tech stocks higher. Yardeni Research President Ed Yardeni joins Yahoo Finance Live to discuss the trends seen across the tech space and the potential to broaden out to other industries.
SANTA CLARA, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- NVIDIA will present at the following event for the financial community: Nasdaq Investor Conference in Partnership with JefferiesWednesday, June 14, 8:30 a.m. Pacific time Interested parties can listen to the live audio webcast of NVIDIA presentations at financial events at investor.nvidia.com. Replays of the webcasts will be available for 90 days afterward. About NVIDIASince its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in a
SANTA CLARA, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- NVIDIA today announced it will hold its 2023 Annual Meeting of Stockholders online on Thursday, June 22, at 11 a.m. PT. The meeting will take place virtually at http://www.virtualshareholdermeeting.com/NVDA2023. Stockholders will need their control number included in their notice or proxy card to access the meeting, and may vote and submit questions while attending the meeting. Non-stockholders are welcome to attend by going to the above lin
Tech speculators may be starting to grow wary of the growth promised by the artificial intelligence hype bubble. WealthWise Financial CEO Loreen Gilbert details which major tech stocks remain independently strong, while benefiting from AI trends.
The stock market moved sharply higher on Thursday, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) picking up more than 1% shortly after noon. Artificial intelligence (AI) has been a key trend lifting markets, and there are plenty of AI stocks in the Nasdaq. Two companies in particular have made AI a big part of their future business models, and on Thursday, both Adobe (NASDAQ: ADBE) and Nvidia (NASDAQ: NVDA) made sizable gains that further added to the furor surrounding the trend.