Nasdaq NVDA Nvidia

Wall Street's main indexes gained on Friday as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.

Model N, Inc. MODN delivered solid fourth-quarter fiscal 2023 results, with the bottom and the top line beating the respective Zacks Consensus Estimate. The San Mateo, CA-based company recorded a top-line expansion year over year,

Micron Technology MU demonstrated its new memory solution, 128GB DDR5 RDIMM, which showcased performance levels of up to 8000 MT/s. The 128GB DDR5 RDIMM boasts significant capacity and minimal latency, making it well-suited for da

Shares of Nvidia (NVDA) have gained 0% over the past four weeks to close the last trading session at $469.50, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any in

Nvidia (NVDA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Wall Street was set to open higher on Friday as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.

If you are looking for a profitable portfolio of stocks offering the best of value and growth investing, try the growth at a reasonable price or GARP strategy.The strategy helps investors gain exposure to undervalued stocks with i

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste

NVIDIA Corporation NVDA developed three new artificial intelligence (AI) chips specifically designed for the Chinese market, Financial Times reported on Thursday, citing leaked documents and four individuals familiar with the matt

Wall Street futures were listless on Friday after Federal Reserve Chair Jerome Powell's hawkish commentary stifled hopes of interest rates having peaked, with investors awaiting key economic data next week for cues on the monetary policy path.

It’s judicious to look for companies that offer sturdy returns even after meeting all operating and non-operating costs. In other words, investors should seek a profitable company over a loss-making one.

A smart beta exchange traded fund, the SPDR NYSE Technology ETF (XNTK) debuted on 09/25/2000, and offers broad exposure to the Technology ETFs category of the market.

In today's video, I discuss recent AI updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.

Wall Street futures were mixed on Friday after Federal Reserve Chair Jerome Powell's hawkish tone dampened hopes of an end to rate hikes, with investors now looking forward to next week's economic reports for more cues on the monetary policy path.

Artificial intelligence (AI) is one of the hottest stock market themes of 2023, as the growing prominence of this technology is driving tangible gains for many companies.

Looking for the next international chipmaking superstar? Be careful, as there's plenty of hype surrounding Arm Holdings ( NASDAQ:ARM ) but the results just don't measure up. Arm might have a great future, but I am neutral on ARM stock until I see more positive financial data and guidance. U.K.-based Arm Holdings mainly designs chips to be used in smartphones. It was a September to remember for Arm this year, as the company had the biggest U.S. technology-industry IPO of 2023 at that time. However, now it's time for Arm Holdings to "put up or shut up," as they say. IPO hype can only carry a company so far, and when the chips are down and the results are out, prudent investors should pay more attention to the numbers than the talk. ARM Stock Costs an Arm and a Leg, but Not for Long Arm Holdings priced its IPO at $51 per share, but the stock jumped to $65 soon after its public debut. Without a doubt, financial traders were enthused about Arm, as the company supplies tech-component designs to companies like Apple ( NASDAQ:AAPL ) and Nvidia ( NASDAQ:NVDA ). The excitement over Arm may have gotten another quick boost when the company announced a strategic investment in Raspberry Pi Ltd. Reportedly, the two companies agreed to "collaborate to deliver solutions for the Internet of Things developer community." However, perhaps the most hype-fueled announcement for Arm occurred when Reuters revealed that Nvidia is going to use Arm-based processors for personal computers. That news item from October really got the trading community in a risk-on mood. On top of all that, KeyBanc analysts initiated their coverage of ARM stock with an Overweight rating. For a while, it felt like Arm Holdings would be the darling of the market for the rest of 2023. Would this feeling reflect reality, though? The Other Shoe Drops for Arm Holdings I could spend all day talking about IPO pop-and-drop stocks. Apparently, it's a lesson that many stock traders will have to learn the hard way in the 2020s. ARM stock is currently down by around 6% today, trading near $51, which is significantly below the $65 price target previously issued by Keybanc analysts. This is a textbook example of what can happen when expectations run hot and an IPO stock moves too high, too soon. Here's what happened. Arm Holdings just released its first post-IPO quarterly financial report, which covered Arm's Fiscal Q2-2024 results (the quarter ended in September). In some ways, Arm's results lived up to analysts' expectations. Specifically, Arm's revenue increased by 28% year-over-year to $806 million, beating the consensus estimate of $744.3 million. Meanwhile, Arm's quarterly adjusted EPS of $0.36 easily exceeded Wall Street's call for $0.26. Note, however, that this is adjusted EPS. If we instead use GAAP-measured net income, Arm swung from net income of $114 million in the year-earlier quarter to a net loss of $110 million in Q2 2024. Over that same time frame, Arm swung from $0.11 to -$0.11 in diluted EPS. Additionally, Arm guided for current-quarter revenue of $720 million to $800 million and adjusted EPS of $0.21 to $0.28. The midpoints of those ranges fell short of the consensus estimates of $776 million in revenue and 27 cents in adjusted EPS. Is ARM Stock a Buy, According to Analysts? On TipRanks, ARM comes in as a Moderate Buy based on 16 Buys, seven Holds, and one Sell rating assigned by analysts in the past three months. The average Arm Holdings stock price target is $61.86, implying 21.2% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell ARM stock, the most profitable analyst covering the stock (on a one-year timeframe) is  Sara Russo of Bernstein, with an average return of 12.8% per rating. Click on the image below to learn more. Conclusion: Should You Consider ARM Stock? All in all, Arm Holdings had a good quarter, and there's nothing major to complain about. It's a problem, however, that overeager stock traders got too excited about Arm during and immediately after the company's public market debut. Now, the other shoe is dropping, and folks who got caught buying ARM shares during the peak hype phase are stuck underwater. Therefore, it's wise to stay neutral on ARM stock and wait for the next round of financial results to come in. Then, investors can reassess the company and its stock with more information and good judgment. Disclosure

U.S. stocks slipped on Thursday, jeopardizing the longest winning streaks for the Nasdaq and S&P 500 in almost two decades, as Treasury yields rose after a disappointing auction of 30-year bonds and comments from Federal Reserve Chair Jerome Powell.

These mega-cap tech stocks are strong-buy rated on Wall Street - plus, unlike Apple, they've been scoring upgrades in recent months.

Nvidia plans to release new artificial intelligence chips aimed at the Chinese market less than a month after U.S. officials tightened the rules on selling high-end AI chips to China.

Palo Alto Networks PANW recently launched Strata Cloud Manager, the first artificial intelligence (AI)-driven Zero Trust management and operations solution in the industry. The company has also introduced a range of advanced secur