Nvidia's Stock Sees Some Gains Melt, But an Analyst Glimpses Big Upside Ahead
By Emily Bary Nvidia Corp.'s stock could book a further 38% increase, judging by the latest price-target hike on Wall Street. KeyBanc Capital Markets analyst John Vinh boosted his price target on $
Asian Tech, Chipmaking Stocks Rise as TSMC Spurs AI Cheer
Technology stocks in Asia rose on Thursday, with chipmakers in the lead as strong monthly revenue figures from TSMC drummed up optimism over artificial intelligence-driven demand.
"AI+medical" is making waves again! A French startup has released a heavyweight "disease diagnosis model".
The large model was built using the ai training system based on billions of professional images and a massive database. Bioptimus, a French startup, is one of the companies that are pushing medical science forward through the use of artificial intelligence.
Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
In a recent investor letter, Cathie Wood, the CEO of ARK Invest, emphasized the pivotal role of NVIDIA Corp (NASDAQ:NVDA) in the company's performance, despite short-term challenges.What Happened:
AMD Looks to 'Move Fast' and Swipe at Nvidia With Its Purchase of Silo AI
Acquiring Europe's largest private AI lab is AMD's most expensive AI-focused purchase so far.
Nvidia's Million-Dollar AI Servers Could Rival the iPhone in Total Sales
Blackwell Ramp. Earlier this year, Andrej Karpathy, Tesla's former director of AI and an OpenAI co-founder, posted on social media that "money can't buy happiness." But Nvidia's AI chips? They're a different story.
"Sister Wooden"'s latest interview: The AI boom has just begun, and Tesla is expected to account for half of the autonomous driving revenue.
Ark Investment Management founder, Cathie Wood, said in an interview on Wednesday that while tech stocks have already pushed U.S. stocks to historic highs this year, stocks related to artificial intelligence (AI) still have a lot of room to rise. Wood is known for her outspoken endorsement of disruptive innovation technology and companies with promising investments in this area. She said that although the concentration of the U.S. stock market is the highest since the 1930s, the current price multiples are reasonable because "investors are seeing significant unexpected growth related to AI." Wood's main funds no longer hold shares in large technology companies such as Nvidia, Microsoft, and Taiwan Semiconductor.
"Congressional stock god" will become history? Senators from both parties in the US Senate seek to ban members of Congress from trading stocks.
A new proposal unveiled by bipartisan Senators on Wednesday proposes to ban Congressional members, their spouses, and minor children from trading individual stocks. If the bill passes, it will require members of Congress to divest from individual stock assets starting from 2027, and violators will be penalized through fines equal to the monthly salary or 10% of the value of each violating asset.
Overnight news: European and American stocks close higher, Tesla raises prices of some autos in certain European countries, non-performing asset investors target USA commercial real estate.
For more global financial news, please visit 24-hour real-time financial news market closing: Powell said no need to wait for inflation to fall to 2% to start cutting interest rates, S&P index broke through 5,600 points. On July 10, Tesla had an 11-day consecutive increase, and Morgan Stanley maintained a buy rating. Popular China concept stocks rose and fell on Wednesday. TSMC rose 3.5%, Xiaopeng rose 7.5%, and Netease fell 3.7%. US WTI crude oil closed higher on Wednesday, breaking $82 per barrel. European stocks closed generally higher, with the Euro Stoxx 50 index rising 1.1%. Macro-wise, Fed Chairman Powell told the Senate that it is possible to "start relaxing".
Heard on the Street Recap: More Chipping In -- WSJ
By Heard Editors Consumers may be tightening their belts, but the companies buying "picks and shovels" for artificial intelligence don't seem to be. Those two dynamics played out strongly in
S&P 500, Nasdaq Post Fresh Records, Nvidia's Run: Market Trends
No Other Sectors Match Tech Stock Growth: Portfolio Manager
Form 144 | NVIDIA(NVDA.US) Officer Proposes to Sell 16.09 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 10, $NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN intends to sell 120K shares of its common stock on Jul 10, with a total market value of approximately $16.09 million. HUANG
NVIDIA Options Spot-On: On July 10th, 3.78 Million Contracts Were Traded, With 28.89 Million Open Interest
On July 10th ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 3.78 million options for the day, of which put options accounted for 37.27% of the total transactions,
Wall Street Is Becoming More Skeptical of Artificial-intelligence Hype Helping to Power Stocks
By Joseph Adinolfi Analysts are starting to express concerns about AI, a trend that has become central to the stock market's success in 2024 After 18 months of hyping up artificial intelligence and
'Warren Buffett Indicator' Sounds Alarm: Stock Market Levels Now Surpass Dot-Com Bubble, Great Financial Crisis
Few investors have more market experience than Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett, who's seen his fair share of over-extended bull markets. After the Dot-Com Bubble
Delta Air Sees Financial Giants Pile on Bullish Options Ahead of Earnings
Delta Air Lines options are seeing the heaviest trading volume since May as financial giants pile on positions that could pay off should the share price rebound after the company reports second quarter earnings Thursday.
Trending Stocks Today: Kazia Therapeutics Soars 281.82%
July 10th - US stocks trending in regular trading hours.Gainers: $Kazia Therapeutics(KZIA.US)$ surges 281.82% to $0.73 with a turnover of $255.84 million. $Virpax Pharmaceuticals(VRPX.US)$ shoots up 7
Can Nvidia Sustain Its AI-Fueled Surge as Stock Price Nears Record High?
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity