Market Chatter: NVIDIA Working With Inspur on New AI Chips for China
NVIDIA (NVDA) is preparing a version of its new flagship "Blackwell" AI chips for the Chinese market that will be compatible with current US export controls, Reuters reported Monday, citing three
S&P 500 Notches Best Day Since June As Investor Sentiment Improves: Fear Index Moves To 'Greed' Zone
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the "Greed" zone on Monday.U.S. stocks closed higher on Monday, with the S&P 500
Nvidia's Stock Gains as Analyst Says a $2 Billion Beat Could Happen This Quarter
Piper Sandler sees the potential for a sizable revenue beat in his bull-case scenario
Gcore Raises $60 Million in Series A Funding to Drive AI Innovation and Global Expansion
LUXEMBOURG--(BUSINESS WIRE)--#AI--Gcore, the global edge AI, cloud, network, and security solutions provider, today announced it has secured $60 million in Series A funding from institutional and
Open AI competitor Cohere raised $500 million in Series D financing, with a valuation soaring to $5.5 billion.
Cohere, a startup in the Canadian AI sector, has reached a valuation of $5.5 billion after completing a new round of financing.
US institutional investors survey: Nvidia still the most popular, Broadcom catching up, concerns with Micron, bearish on AMD.
According to Citigroup's survey, with Broadcom acquiring more AI customers and adding value from VMware, it is catching up with Nvidia as the largest holding for investors, while investor sentiment towards Nvidia has cooled down.
The "bleak season for US stocks from August to October" is approaching. Be wary of the wave of "profit-taking"! The financial reports of technology giants will dominate the fate of US stocks.
Issues typically arise between August and October, during which the historical performance of the US stock market is relatively weak compared to other months. The S&P 500 index in September has the largest five-year average decline at -4.23%.
Why Nvidia Stock Jumped on Monday
Nvidia (NASDAQ: NVDA) stock is jumping in Monday's trading.
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Metals & Mining Monitor | General Decline in Metal Prices; BHP Reports Record Iron Ore Production for FY24, Copper Production Rises by 9%
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
S&P 500 Climbs For Best Day Since Early June As Nvidia Shares Lead Tech Turnaround
The S&P 500 rose Monday to notch its best day since June 5 as tech shares bounced on the heels of the worst weekly loss for the index since April. The benchmark climbed 1.08% to settle at 5,564.41 and clinch its best day since June 5, while the Nasdaq Composite advanced 1.58% to close at 18,007.57. The Dow Jones Industrial [...]
The next generation of GPUs are expected to stimulate a new round of growth. Multiple Wall Street investment banks have raised their target price for Nvidia (NVDA.US).
Nvidia is preparing to launch the new generation Blackwell GPU B100 and B200 in the coming months, which is expected to stimulate a new round of growth, according to analysts.
AI revenue creation effect explodes! Demand for AI software and cloud computing service soars, SAP's (SAP.US) cloud computing service revenue sharply increased by 25%.
German software giant sap se's adjusted cloud business revenue in the second quarter reached 4.15 billion euros; SAP reiterated its outlook for 2024 and raised its 2025 profit forecast.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Jensen Huang and Mark Zuckerberg to Explore the Future of AI and Virtual Worlds at SIGGRAPH 2024
The Founders and CEOs of NVIDIA and Meta will delve into the possibilities of AI and simulation in a rare joint public appearance at the 51st annual conferenceDENVER, July 22, 2024 /PRNewswire/ --
Is Broadcom's Stock Benefiting From Nvidia 'Fatigue'?
By Emily Bary Nvidia shares still garner the most positive reception, but Broadcom 'is catching up' in terms of sentiment, according to Citi Citi Research analyst Christopher Danely left a week of
S&P 500 Gains and Losses Today: Tesla, Nvidia, Tech Stocks Bounce Back to Start Week
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
Form 144 | NVIDIA(NVDA.US) Officer Proposes to Sell 14.67 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 22, $NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN intends to sell 120K shares of its common stock on Jul 22, with a total market value of approximately $14.67 million. HUANG
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