Telecommuting is the ability for an employee to complete work assignments from outside the traditional workplace by using telecommunications tools. E.g. Work form home, remote working and mobile working. The Telecommuting concept includes major US-listed companies that offer telecommuting technologies.
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Bank of America reiterates Nvidia $NVIDIA(NVDA.US)$ as buy
Bank of America said it’s sticking with its buy rating on Nvidia and that investors should “focus on fundamentals.”
“So we understand the rotation away from AI/data-center semis towards industrial/auto/consumer, but it’s not supported by fundamentals and is likely short-term positioning driven.”
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The shares, sold on July 15 and 16, ranged in value from $126.34 to $130.34. Huang still owns approximately 78.7M shares of Nvidia stock.
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2024," according to the filing.
This f...
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