Nasdaq NVDA Nvidia

Confirming strength in the technology sector, the tech-heavy Nasdaq-100 Index (NDX) and the Technology Select Sector Index are up 39.5% and 36.9%, respectively, year-to-date.

Infosys Limited INFY and NVIDIA Corporation NVDA have expanded their strategic partnership to build generative artificial intelligence (AI) tools for enterprises. The expanded alliance will bring together NVIDIA’s AI Enterprise ec

Wall Street's main indexes were poised for a weak open on Thursday as a jump in Treasury yields knocked down growth stocks after the Federal Reserve signaled that another rate hike was in the offing this year.

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.93% at a 1-month low, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -1.33% at a 3-1/2 week low. Stock index futures this morning extended Wednesday’s losses as the hawkish tone from Wednesday’s FOMC meeting is...

For Immediate ReleaseChicago, IL – September 21, 2023– Zacks Director of Research Sheraz Mian says, "Q3 earnings estimates in the aggregate are barely down since June 27th, with estimates modestly up when negative revisions to the

For Immediate Release Chicago, IL – September 21, 2023 – Today, Zacks Investment Ideas feature highlights AppLovin APP, Nvidia NVDA, Vertiv Holdings Co VRT and ePlus Inc. PLUS.

World stocks fell for a fifth straight session, the dollar hit its strongest since March and sterling and the Swiss franc tumbled on Thursday, as the latest crop of central bank interest rate moves continued to produce surprises.

U.S. stock index futures fell on Thursday pressured by a decline in growth stocks as Treasury yields jumped after the Federal Reserve signaled that another rate hike was in the offing this year.

December S&P 500 futures (ESZ23) are down -0.42%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.65% this morning following the decline in three major U.S. benchmark indices during the regular session after the Federal Reserve signaled interest rates would be higher for longer.

U.S. stock index futures declined on Thursday as growth stocks took a hit from a jump in Treasury yields after the Federal Reserve held interest rates steady while hinting at another hike this year.

December S&P 500 futures (ESZ23) are down -0.42%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.65% this morning following the decline in three major U.S. benchmark indices during the regular session after the Federal Reserve signaled interest rates would be higher for longer.

Nvidia (NASDAQ: NVDA) has multiplied investors' wealth handsomely over the past year. Share prices of the semiconductor giant are up 223% during this period, leading some to wonder if this high-flying stock can sustain its momentum in the coming year as well -- especially conside

Shares of red-hot U.K. semiconductor design firm Arm Holdings ( NASDAQ:ARM ) had an impressive IPO, surging more than 25% on opening day. Since peaking at around $68 and change, however, the IPO boom seems to have gone bust in the past few days. The stock is now under $53. Undoubtedly, it's not hard to imagine that many Arm investors are looking to get a front-row seat to massive gains, the likes of which haven't been seen since Nvidia ( NASDAQ:NVDA ). Given the frenzy surrounding AI-enabling semiconductor companies, Arm stock's stellar first day on the public markets should come as no surprise. As the market terrain gets rockier going into year's end, patient investors may just be able to get a better price of admission into the latest hot chip stock. Perhaps a price below the IPO level of $51 could be in the cards as valuations across the broader tech scene look to contract further. It's been a rough September for stocks, and more of the same could be in the cards for October. For now, I'm inclined to maintain a bearish stance and enjoy the Arm show from the sidelines, as I don't think the stock can provide a shot in the arm at today's incredibly frothy multiples. ARM Stock is Still Expensive Despite its recent sell-off, ARM stock is still far from cheap at 20.4 times price-to-sales (P/S) and nearly 140 times trailing price-to-earnings (P/E), both of which are well above the semiconductor industry averages. Further, ARM stock still seems way too expensive at its IPO price, which, at this rate, may be tested in just a few days! A certain group of momentum chasers may be upbeat on ARM stock, but Wall Street certainly is not -- not at today's price of admission. Bernstein analyst Sara Russo slapped ARM stock with its first "Sell" rating alongside a price target of $46 per share, well below the IPO price. Although Arm has some skin in the AI game, Russo thinks it's "too soon" to say that Arm is "an AI winner." I think Russo will be proven correct. We're likely still in the very early stages (perhaps the infancy) of the AI boom, and there are sure to be competitors duking it out to grab the largest slice of the AI pie. Russo also noted that the open-source RISC-V chip architecture may be a potential threat to Arm. Though I'm unsure if it's RISC-V or some other architecture that challenges Arm's dominance, the competitive risks are worth weighing before committing an investment to Arm. For now, though, if Arm is good enough for Apple ( NASDAQ:AAPL ) -- it designs Apple's custom chips -- it seems to be good enough for a lot of early ARM shareholders. Don't Expect an Nvidia-Like Pop Make no mistake, Arm is a frontrunner with a pretty wide moat, just like Nvidia. And that makes its shares worth some premium to the peer group — though probably not to the magnitude of more than 20 times P/S. Still, Arm is the company that's enabled firms, like iPhone maker Apple, to design their own custom chips. Just two weeks ago, Arm extended its partnership with Apple beyond 2040. Clearly, there's ample value to be had in Arm's architecture as hardware makers race to maximize per-watt performance to gain an edge over rivals. Add AI to the equation, and it seems like Arm cannot lose as the AI race moves forward. That said, investors ought to temper their expectations. At this juncture, it seems highly unlikely that AI can give Arm a similar shot in the arm -- not after it started out of the gate at an already-elevated $51 per share. Further, Arm's AI exposure is limited versus the likes of a GPU and APU maker such as Nvidia, at least for now. Currently, Arm stands as a more viable contender in the mobile sector rather than AI, given that today's advanced models, such as ChatGPT, primarily operate within cloud infrastructures rather than being housed on individual smartphones. Is ARM Stock a Buy, According to Analysts? On TipRanks, ARM stock comes in as a Hold. Out of four analyst ratings, there is one Buy, two Holds, and one Sell recommendation. The  average ARM stock price target is $51.67, implying downside potential of 2.3%. Analyst price targets range from a low of $46.00 per share to a high of $59.00 per share. The Bottom Line on ARM Stock Although Arm is a semiconductor stock with some skin in the AI game, that's where most of the similarities with Nvidia end. At the end of the day, ARM stock's lofty price tag and baked-in AI hype could work against it as markets look to take a breather from here. Disclosure

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.94%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.46%. Stocks on Wednesday gave up early gains and...

In today's video, I discuss Intel (NASDAQ: INTC) and why the stock price is down after the company announced numerous technological advancements. Check out the short video to learn more, consider subscribing, and click the special offer link below.

Fintel reports that on September 20, 2023, Rosenblatt reiterated coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 45.44% Upside

U.S. stocks slumped on Wednesday after the U.S. Federal Reserve held key interest rates unchanged as widely expected, and revised economic projections higher with warnings that the battle against inflation was far from over.

Wall Street is focused on the Fed and Jay Powell’s speech on Wednesday, with the next several days likely to be spent parsing his every word and digging into the central bank’s updated dot plot.