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Columns Nvidia Targets $1,000 Milestone Following AI Conference Buzz: Analysts Predict Up to 15% Surge
$NVIDIA (NVDA.US)$'s stock price increased following a consistent climb after surpassing the $900 mark on Wednesday. The rise continued through the end of the week, coinciding with the Nvidia GTC conference for AI developers. According to IBD MarketSurge's weekly chart, Nvidia's stock has experienced an 11-week rally since its breakout in January. At the recent AI developer conference, Nvidia's CEO Jense...
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After another busy week for the FOMC, the upcoming week seems to have settled down a bit. Only a few companies will be releasing their earnings, and the market anticipates the release of the Fed's preferred gauge on Friday, the core PCE inflation data.
Earnings for $McCormick & Co (MKC.US)$ and $GameStop (GME.US)$ will be released on Tuesday, followed by $Carnival (CCL.US)$ and $Jefferies Financial (JEF.US)$ on Wednes...
Earnings for $McCormick & Co (MKC.US)$ and $GameStop (GME.US)$ will be released on Tuesday, followed by $Carnival (CCL.US)$ and $Jefferies Financial (JEF.US)$ on Wednes...
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As the market anticipates $Tesla (TSLA.US)$'s Q4 earnings, the automaker wraps up a year marked by aggressive price cuts that boosted deliveries to record highs. However, these measures to enhance vehicle affordability have taken a toll on profit margins, with the average selling price declining more rapidly than production costs.
Analysts predict a year-over-year dip in earnings and increased revenues for Tesl...
Analysts predict a year-over-year dip in earnings and increased revenues for Tesl...
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This week's macroeconomic focus is on inflation, with December's Consumer Price Index due Thursday and the Producer Price Index on Friday, against a backdrop of minimal earnings reports. Meanwhile, financial markets have moderated their expectations for early U.S. rate cuts, following initial reactions to the Federal Reserve's dovish turn in December.
The upcoming week's important earnings inlcude $Jefferies Financial (JEF.US)$ on Monday...
The upcoming week's important earnings inlcude $Jefferies Financial (JEF.US)$ on Monday...
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