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The Latest Breaking News on Top analyst says Nvidia stock has room to go even higher in 2024

Dow Jones Holds Above 34K But Indexes Fade; Adobe Surges On Bullish Earnings, AI Potential

The Dow Jones showed strength and support near midday Friday, refusing to give up much ground after soaring 400 points Thursday.

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Is the Surge in AI Stocks Similar to Dot-Com Frenzy?

Is the Surge in AI Stocks Similar to Dot-Com Frenzy?

The surge in stocks related to artificial intelligence (AI) has many investors concerned that the rally is similar to the dot-com technology stock bubble in the 1990s. Although most AI stocks are far from the stretched valuations of dot-com stocks in the 1990s that pushed the Nasdaq 100 Stock Index...

Nvidia Stock Got Away? Analysts Think These Techs Will Rally Next

Nvidia Stock Got Away? Analysts Think These Techs Will Rally Next

If you don't own the biggest S&P 500 tech stocks, like Nvidia, you're missing out on the year's monster rally. But ETFs let you take part.

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AI Stocks: AMD, Accenture, Salesforce Making Waves In Artificial Intelligence

For investors homing in on AI stocks, new artificial intelligence initiatives came from AMD, Accenture and Salesforce.

Investors Business Daily

Dow Jones Futures Fall: Market Rally Resilient After Fed Surprise; Tesla Ends Record Run

The market rally held up, for now, amid a Fed forecast of two more rate hikes. Tesla ended a big win streak. Medical product firms flashed buy signals.

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AI-Powered ETF Dumps Nvidia In June For A FAANG Stock

Nvidia Corp. has alienated some loyalists on fears that the stock may have gotten ahead of itself.

Stock Index Futures Move Higher as Investors Await Fed Rate Decision, U.S. PPI Data

June S&P 500 futures (ESM23) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.16% this morning as market participants braced for the Federal Reserve’s interest rate decision while also awaiting crucial U.S. PPI data.

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Dow Jones Futures Fall: Fed Decision Due As Nasdaq Looks Extended; What Investors Need Now

Dow Jones Futures Fall: Fed Decision Due As Nasdaq Looks Extended; What Investors Need Now

The Nasdaq and S&P 500 are at 2023 highs with breadth expanding heading into the Fed decision. Here's what investors need. now.

Investors Business Daily

Amazon’s Profit Outlook Improves

Amazon’s Profit Outlook Improves

After falling to a 3-year low in January, Amazon.com (AMZN ) rose to a 9-month high last week and is up +51% this year. Amazon is rebounding from a long stretch of underperformance related to pandemic-era investments and a slowdown in growth following a surge in growth during the pandemic....

Top tech analyst Dan Ives says the A.I. 'gold rush' is just like the dotcom boom—but it's a '1995 moment ... not 1999'

Top tech analyst Dan Ives says the A.I. 'gold rush' is just like the dotcom boom—but it's a '1995 moment ... not 1999'

Contrary to tech skeptics, Ives doesn’t think the economy is heading for a bubble or a collapse.

AI Optimism Pushes Oracle to a Record High

AI Optimism Pushes Oracle to a Record High

Shares of Oracle (ORCL ) rallied to a record high today and may move even higher after Wolfe Research upgraded the stock to outperform. Oracle is up more than +40% this year as optimism has been building that investment in artificial intelligence (AI) will benefit the company. The release of...

Stocks Set to Open Higher as Investors Await Fed Meeting, Inflation Data

Stocks Set to Open Higher as Investors Await Fed Meeting, Inflation Data

June S&P 500 futures (ESM23) are up +0.23%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.46% this morning as market participants looked ahead to the latest U.S. inflation data and the Federal Reserve’s interest rate decision this week.

Dow Jones Futures Rise: Bullish Market Breadth, But Fed Looms; Nvidia Has New Buy Point

Dow Jones Futures Rise: Bullish Market Breadth, But Fed Looms; Nvidia Has New Buy Point

A broader market rally is a reason to be bullish long term, but the Fed meeting is one reason to be cautious now. Biogen jumped late Friday. Watch Tesla and Nvidia.

Investors Business Daily

Advanced Micro Devices Set to Unveil New Data Center Chips

Advanced Micro Devices Set to Unveil New Data Center Chips

Advanced Micro Devices (AMD ) has benefitted from the hype surrounding artificial intelligence (AI). The stock rallied to a 16-month high late last month and is up +87% this year, second to only Nvidia (NVDA ) as the top performer in the Philadelphia Stock Exchange’s Semiconductor Index ($SOX ). Advanced...

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Dow Jones Futures Fall: Tesla Runs On GM Charging Deal; Boeing, Apple Chipmaker In Buy Areas

The market rally showed constructive action Thursday. Boeing and Apple chipmaker Taiwan Semiconductor are in buy areas. Red-hot Tesla ran late on a GM charging deal.

How High Can Advanced Micro Devices Stock Climb?

Advanced Micro Devices (AMD) is up 86% in 2023 and has delivered game-changing returns to long-term shareholders. But can it continue to deliver market-beating returns?

As A.I. stocks soar, here’s what top investors like Ray Dalio, Dawn Fitzpatrick, and Stan Druckenmiller think of their prospects

"I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.

Nvidia: Down 10% From Last Week's High, is Now a Good Time to Buy?

The AI frenzy has set tech stocks on a price spurt when the market faces recessionary risks. Is Nvidia’s $1 trillion valuation an AI bubble or here to stay?

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Investors Business Daily

Dow Jones Futures: Market Rally Turns Upside Down; Here's What To Do Now

Dow Jones futures: The market rally has routed out of the Nasdaq and into small- and mid-cap stocks. GameStop plunged late on news.

Are These 3 Tech Stocks the Best to Own for June?

The tech industry is well-positioned for growth in the long term. Amid a rapidly advancing technological sector, let’s look at the prospects of fundamentally strong tech stocks Dell Technologies (DELL), AstroNova (ALOT), TransAct Technologies (TACT), which could be worth buying now.

Nvidia Recently Hit A $1 Trillion Market Cap. Which Stock Is Next To Join Club?

Semiconductor giant Nvidia Corporation (NASDAQ: NVDA) recently joined the $1-trillion-market-capitalization club

Investors Business Daily

Millennials' Top Stock Is Up 192% — And You've Never Heard Of It

Millennials are loaded up with the same big-cap S&P 500 stocks as everyone else. But their biggest winning stock is much more obscure.

Nvidia Stock Sees Massive Surge After Earnings Report – Can It Continue?

Options market provides clues on the resilience of the stock's 40%+ rally over the past month.

Broadcom Rallies on AI Expectations Ahead of Thursday’s Earnings Results

Shares of Broadcom (AVGO ) surged +29% in May, its largest monthly gain ever, as the frenzy over artificial intelligence (AI) sent the stock soaring. The markets will focus on Broadcom’s quarterly earnings results after the close of trading today to see if AI has actually boosted the company’s sales....

Visualising Nvidia’s rise to the $1 trillion market value club

Amid an AI boom, the US chipmaker has added more than $500bn in value since the start of 2023.

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