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Big Tech's AI Investment Payoffs Are Facing an Earnings Test
Assessing Meta Platforms: Insights From 48 Financial Analysts
Adobe Launches AI Video Generator in Race With OpenAI, Meta
Bullish on HBM business, Bank of America Merrill Lynch's "Five Reasons" are bullish on sk hynix.
With stable orders from nvidia and slow progress in competitors'HBM3e technology, along with sk hynix set to mass ship 12-layer HBM products in the fourth quarter, Bank of America predicts that by 2025, sk hynix may occupy nearly 60% of the global market share, with sales expected to increase by 38% to reach $15.8 billion, benefiting from HBM business with over 60% operating margin. Bank of America raised SK hynix's target stock price from 0.24 million Korean won to 0.28 million Korean won.
Options Market Statistics: NVDA Options Pop as Its Shares Reach Its Highest Closing on Record
Nvidia's stock price hit a new high again, with a market cap reaching nearly $3.4 trillion.
Nvidia's stock price hit a record high at Monday's close, with a market cap of $3.39 trillion, making it the second largest listed company on the US stock market, only behind Apple ($3.52 trillion). Currently, Wall Street is preparing for the earnings season, and all top customers of this chip manufacturer will update their planned spending on AI infrastructure. Nvidia's stock price rose by 2.4% that day, closing at $138.07, surpassing the previous high of $135.58 set on June 18. So far this year, Nvidia's stock price has risen by nearly 180%, skyrocketing over 9 times since the beginning of 2023. Nvidia is widely considered