A new report from a Wall Street analyst maps out how Nvidia (NASDAQ: NVDA) stock could move in the coming months. UBS analyst Timothy Arcuri thinks the powerful Blackwell computing platform will start shipping this December. With that timeframe it's not too early for investors to
Nvidia (NASDAQ: NVDA) has soared in the triple digits over the past year, thanks to its dominance in the artificial intelligence (AI) market. The company is the world's leading AI chipmaker, powering the crucial task of training AI models so they can then go on to solve complex p
Amazon (NASDAQ: AMZN) has been one of the hottest mega-cap stocks on the market. Its shares have soared nearly 20% year to date and are up more than 70% over the last 12 months.
The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.91%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. US stock indexes settled moderately higher on Thursday. A +9% surge in Qualcomm led...
Despite exceeding their quarterly earnings expectations on Tuesday evening, AMD AMD and Super Micro Computer’s SMCI stock fell sharply in yesterday’s trading session. Still, corrections can be healthy and Super Micro shares have s
Nvidia (NASDAQ: NVDA) has taken the tech world by storm over the last year and a half. While OpenAI's ChatGPT sparked the generative artificial intelligence (AI) boom, it's Nvidia that's captured most of the spoils thus far.
Pinterest reported good Q1 2024 results on Tuesday. Wednesday’s trading had 15 unusually active options, with a call and put worth considering if you’re bullish on the social media platform’s stock.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nvidia (NVDA), which belongs to the Zacks Semiconductor - General indust
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Wolfspeed WOLF reported a third-quarter fiscal 2024 non-GAAP loss of 62 cents per share, narrower than the Zacks Consensus Estimate of a loss of 64 cents per share but broader than the year-ago quarter’s loss of 34 cents per share
FormFactor FORM delivered first-quarter 2024 adjusted earnings of 18 cents per share, missing the Zacks Consensus Estimate by 5.26%. The bottom-line figure increased 12.5% year over year.Revenues of $168.7 million beat the Zacks C
Cognizant Technology Solutions CTSH reported first-quarter 2024 non-GAAP earnings of $1.12 per share, which beat the Zacks Consensus Estimate by 0.9% and increased 0.9% year over year.Revenues of $4.76 billion beat the consensus m
Zillow Group ZG reported relatively healthy first-quarter 2024 results, with the top line beating the Zacks Consensus Estimate and the bottom line matching the same. The company witnessed a revenue expansion year over year, backed
The semiconductor sector, which was riding high on AI optimism, faltered last month on growing concerns about the long-term demand outlook for semiconductors and weak demand from China. The series of weak earnings from AI players
Monolithic Power Systems, Inc. MPWR reported healthy first-quarter 2024 results, with the bottom and the top lines beating the respective Zacks Consensus Estimate. Despite declining trends in several verticals, the Kirkland, WA-ba
In 2023, the artificial intelligence (AI) market exploded, leading businesses across a wide range of industries to enter the sector. At first, the rush of interest in AI seemed almost like a temporary trend that would eventually fade. However, multiple companies have begun seeing
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