Nasdaq NVDA Nvidia

Wall Street stocks ended sharply lower on Friday for the second straight session, as investors fretted about deepening tensions between Russia and Ukraine.

Wall Street stocks ended sharply lower on Friday for the second straight session, as investors fretted about deepening tensions between Russia and Ukraine.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Twilio Inc (Symbol: TWLO), where a total volume of 75,002 contracts has been traded thus far today, a contract volume which is representative of approximately 7

Wall Street stocks fell sharply on Friday for the second straight day, as investors fretted about potential steep U.S. interest rate hikes as well as deepening tensions between Russia and Ukraine.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies.

U.S. stock indexes were mixed in choppy trading on Friday as investors digested hot inflation data that spurred a sharp selloff in the previous session on fears about aggressive interest rate hikes by the Federal Reserve.

For Immediate ReleaseChicago, IL – February 11, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured

What happened Shares of Nvidia (NASDAQ: NVDA), the semiconductors giant, slipped somewhat again in early trading on the Nasdaq today. The stock is down 2.3% as of 10:55 a.m. ET.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

NVIDIA Corporation NVDA is scheduled to release fourth-quarter fiscal 2022 results on Feb 16.

Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will hike rates aggressively to fight inflation.

What happened After dropping steeply early Thursday morning, then recovering in the late morning, it's afternoon now, and Nvidia (NASDAQ: NVDA) stock is down again -- by 2% as of 2:25 p.m. ET.

Nvidia (NVDA) investors find themselves in uncharted territory in 2022. Despite clawing back some losses recently, the shares sit 11% into the red, and yet to fully recover from January’s bloodbath.

Investors will be hoping that when the company delivers F4Q22’s (January quarter) report - after the bell on February 16 – Nvidia can once again bring the goods.

While Susquehanna’s Christopher Rolland expects the chip giant to do so, he also thinks that as the stock has underperformed the SOX over the past few months (a rare occurrence), expectations might be lowered this time around.

“From a high level, we expect another beat-and-raise driven by continued GPU demand and a robust DC environment,” said the 5-star analyst. “However, we don’t yet know the market's reaction to a decelerating 2022 outlook. WFH PC “hangover” also a concern, but DC should rise.”

Based on Intel DCG’s display, which boosted by strong Enterprise/Government demand, came in +9.6 pp above expectations and AMD’s “near-perfect scenario,” Rolland thinks that heading into the report the DC environment appears “constructive.” The analyst also thinks the A100 – the company’s all-powerful data center GPU - is now “ramping beyond hyperscalers and into enterprises.”

For Nvidia’s main breadwinner, Gaming, Rolland expects “another record quarter” but anticipates the growth to “plateau.” While demand remains robust, and the January quarter should get a boost from a “stronger-than-expected” holiday season, the April quarter’s tough comps will be hard to beat. As the graphics card markup has dropped to “just” ~80% premium to MSRP compared to almost 130% in mid-May, Rolland notes “modest signs of a demand slowdown vs. the ‘white hot peak’ of 2Q21.”

“Overall,” the analyst summed up, “We expect strong results and guide from NVIDIA, but note signs of a potential deceleration vs. the white-hot results of 2021’s +60% YOY growth. Interestingly, 2022 could be the year that Datacenter top-line surpasses Gaming’s, though tight and we give the edge to Gaming.”

Overall, Rolland believes this is a stock worth holding on to. The analyst rates NVDA shares a Buy, and his $360 price target suggests a solid upside potential of ~38%. (To watch Rolland’s track record, click here)

Rolland’s objective is only just above the Street’s price target of $353.26. Most analysts are backing Nvidia’s continued success; the stock’s Strong Buy consensus rating is based on 23 Buys vs. 3 Holds. (See Nvidia stock analysis on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

Wall Street sank on Thursday after U.S. consumer prices data came in hotter than expected, and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will hike rates aggressively to fight inflation.

Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available today, for the April 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new April 1st contracts and identified one put and one call con

Science Applications International Corporation SAIC recently announced that it secured $410 million worth of contracts from the space and intelligence communities in the fourth quarter of fiscal 2022. This brings the full fiscal 2022 contracts award to $2 billion.