ASML Expected To Beat Estimates With Over $5B In Orders During Q2 Thanks To Rising AI Chip Demand
ASML Holding NV (NASDAQ:ASML), the leading supplier of equipment to computer chip manufacturers, is poised to witness a surge in new orders, driven by the escalating demand for AI chips. This
Should we sell Nvidia? Wall Street is very conflicted.
Thanks to its dominant position in the field of AI chips, Nvidia's stock has performed extremely well in recent years. Since the beginning of 2023, the stock price has risen by about 785%, and has risen by about 160% just this year alone. In June of this year, Nvidia briefly became the world's most valuable company. However, last week, due to cooling inflation data causing a large-scale volatility in technology stocks, Nvidia fell by nearly 6% on Thursday, the largest single-day drop in more than two weeks; the Nasdaq 100 index, which is mainly composed of technology stocks, fell by about 2.2%. Analysts believe that increasing competition, changes in supply and demand balance, and overly high valuations may lead to Nvidia's...
Wall Street's most optimistic bullish: How can Apple's stock price reach 300?
Analysts believe that Apple can use generative AI to stimulate device sales, similar to the success it achieved 15 years ago with the iPhone business in the social media frenzy.
Apple Watch's Redesigned ECG Doesn't Infringe AliveCor Patents, Rules US Customs
The U.S. Customs and Border Protection has found that the redesigned Electrocardiography in the Apple Watch does not violate patents held by AliveCor, a medical device company. This ruling further
Nvidia CEO Jensen Huang And Meta's Mark Zuckerberg Set To Discuss Future Of AI And Simulation At SIGGRAPH 2024
The future of AI, simulation, and the role of research in the graphics and technology intersection will be the focus of a public fireside chat between NVIDIA Corp. (NASDAQ:NVDA) founder and CEO
The arrival of a business-end artifact? Microsoft releases SpreadsheetLLM, able to significantly enhance AI capabilities in Excel.
On the 12th, Microsoft released a new large language model, planning to develop a new AI language model - SpreadsheetLLM for spreadsheet applications such as Excel and Google Sheets. Microsoft pointed out in the paper that SpreadsheetLLM, as a new AI model, will be widely used in understanding and processing complex spreadsheet data. SpreadsheetLLM has the potential to change the management and analysis of spreadsheet data, paving the way for more intelligent and efficient user interaction.
Trump Media & Technology Group, Coinbase, Marathon Digital, Apple, Tesla: Why These 5 Stocks Are On Investors' Radars Today
At the close of trading on Monday, U.S. stocks were in positive territory. The Dow Jones Industrial Average gained 0.5%, reaching 40,211.72. The S&P 500 increased by 0.3% to 5,631.22, and the Nasdaq climbed 0.4% to 18,472.57.
Back-to-school Spending Likely to Remain Unchanged This Year
Gaming Industry Revenues To Hit $307 Billion By 2027: Analysis
Bain & Company forecasts that global video gaming revenue will grow from $199 billion in 2022 to $307 billion by 2027.This represents a compound annual growth rate (CAGR) of 9%.What's Driving This
Google's 'Poker Move' With Wiz Could Be The Kick Off For Big Tech M&A In 2025: Analyst
As Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is reportedly near a historic $23-billion acquisition of cloud security startup Wiz Inc, the move is being touted as a strategic "poker move"
Whether Biden or Trump Score White House Control, Tech Stocks Will Be Winners: 22V Survey
10 Consumer Discretionary Stocks With Whale Alerts 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
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.
Despicable Me First Animated Franchise To Hit $5B: Here Are The Top Grossing Movie Franchises Ever
Media company Comcast Corporation (NASDAQ:CMCSA) has another reason to celebrate with its Despicable Me franchise hitting the $5 billion milestone with the recent success of "Despicable Me 4" in
Current Rotation From Growth Is Not Too Sustainable, but Grants Opportunities - Macquarie
The current rotation away from growth into cyclicals might not be sustainable but could offer a window of opportunity into future winners, according to a Macquarie Desk Strategy report.
This Analyst Sees Potential Downside In Eli Lilly, Adjusts Model For Acquired IPR&D Charges
Cantor Fitzgerald analyst Louise Chen reiterated an Overweight rating on the shares of Eli Lilly And Co (NYSE:LLY) and maintained a price target of $885.The company is slated to report its second-
British Regulators to Look Into Digital Wallets of Big Tech
Charter Communications Most Shorted S&P 500 Communications Stock in June; Alphabet Least Shorted
Amazon Set To Top Last Year's Prime Day Results Due To Early Deals, Analysts Say
Amazon.com, Inc. (NASDAQ:AMZN) should beat last year's Prime Day results due to "early access deals," analysts say.Bank of America (NYSE:BAC) expects sales for this year's 48-hour sales spree to
NVIDIA Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/15/2024 28.06% TD Cowen $140 → $165 Maintains Buy 07/12/2024 31.95% Benchmark $135 → $170 Maintains