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

Stocks Move Higher Before the Open as Investors Await Key U.S. GDP Data, Nike Earnings on Tap

September S&P 500 futures (ESU23) are up +0.13%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.16% 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.

Stock Market Today: Nasdaq Ekes Out a Win Despite Chip Stock Weakness

Stock Market Today: Nasdaq Ekes Out a Win Despite Chip Stock Weakness

Semiconductor stocks lagged after media reports said the Biden administration is considering more restrictions on chip sales to China.

Chipmakers Brace For Impact As US Mulls New Chip Export Restrictions To China

Chipmakers Brace For Impact As US Mulls New Chip Export Restrictions To China

Could this end AI stock rally?

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Should You Buy the Dip in Nvidia Stock?

Nvidia stock ballooned 184% as of writing year-to-date, but with such growth behind it, is more really on the table?

S&P Futures Tick Lower Ahead of Powell Speech, Chip War Heats Up

September S&P 500 futures (ESU23) are trending down -0.15% this morning as a report on potential new restrictions on the export of artificial intelligence chips to China weighed on sentiment, while investors awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary…

S&P Futures Tick Lower Ahead of Powell Speech, Micron Earnings on Tap

September S&P 500 futures (ESU23) are trending down -0.14% this morning as market participants awaited a speech from Fed Chair Jerome Powell for fresh clues on the future direction of U.S. monetary policy.

NVIDIA (NVDA): Is This Chip Stock a Worthy Buy?

Although the shares of leading chip maker NVIDIA (NVDA) have been soaring, its deteriorating financials could indicate trouble ahead. Is the chip stock a worthy buy? Let’s analyze its financial metrics to know more.

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3 Buy-Rated Tech Stocks to Consider Now

3 Buy-Rated Tech Stocks to Consider Now

Despite the cyclical ups and downs, the tech sector has remained a bright spot this year, owing to consistent digital transformation and breakthrough technological trends. Given this backdrop, buy-rated stocks Zoom Video Communications (ZM), Jabil Inc. (JBL), and Xerox Holdings Corp. (XRX) could be worthwhile investments now. Read on.

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...

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

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

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.

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...

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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.

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...

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.

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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?

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

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.

3 Stocks Insiders Are Buying

Amid the resurging tech industry and the growing prominence of artificial intelligence (AI), investor interest has gravitated toward tech stocks. Thus, I think fundamentally strong Dynatrace (DT), Amdocs (DOX), and Data Storage (DTST), which have seen surging insider purchases, might be ideal buys. Keep reading.

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