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

Ark Invest's Cathie Wood explains her investment logic and valuation judgment on AI-related stocks.

As the Q2 corporate earnings season begins, investors will gauge whether earnings confirm elevated technology stock valuations. According to Bloomberg data, almost 25% of technology stocks in the Nasdaq 100 Stock Index ($IUXX ) (QQQ ), including Microsoft (MSFT ), Nvidia (NVDA ), and Tesla (TSLA ), are priced at...

September S&P 500 futures (ESU23) are up +0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.23% this morning as investors awaited a crucial U.S. inflation report that will heavily influence market expectations regarding the Federal Reserve’s future monetary policy actions.

Chip king NVIDIA Corp. (NVDA) stock’s sharp surge came after the company recently posted a monstrous guidance that topped analyst expectations by over 50%, boosting investor confidence. Moreover, NVDA’s increased focus on AI has been driving solid results across its offerings. So, let’s find out if NVDA could maintain its…

Founder of SkyBridge Capital highlights high-quality AI stocks worth owning despite market volatility.

Actual earnings are quite poor, says Société Générale’s Albert Edwards, and investors ignore recession warnings “at their peril.”

After rallying by more than +38% this year, there are signs of cracks in the bullishness toward Alphabet (GOOGL ). Among the 55 analysts that cover Alphabet tracked by Bloomberg, the stock has 47 buy ratings, the lowest in at least three years. While that still shows more bullishness for...

Analysts' target prices for Nvidia stock still show upside in the stock. Moreover, option premiums are skewed to the call option side, indicating that traders are still bullish on NVDA stock.

September S&P 500 futures (ESU23) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.26% this morning at the start of a holiday-shortened week, with market participants looking ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as Friday’s nonfarm…

Apple is now the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits

September S&P 500 futures (ESU23) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.27% this morning after three major U.S. benchmark indices ended the regular session mixed as investors weighed Fed Chair Jerome Powell’s hawkish signals, while bracing for another round of economic data.