Investment bank Morgan Stanley on Monday raised its price target on Nvidia (NVDA) stock after sales channel checks showed “robust” demand for the company’s current data-center processors. ↑ X NOW PLAYING How To Make More Money By Handling Faster Market Rotations Analyst Joseph Moore increased his earnings estimates for Nvidia after his firm’s channel checks
Meta Platforms (META) and JPMorgan Chase (JPM) lead this weekend’s watch list of five stocks near buy points as the S&P 500 enters the second half of 2024 in stride, up 14.5% year-to-date and within a half-percent of an all-time high. Joining Meta and JPM are enterprise software company Monday.com (MNDY), work supplies and uniform
All of the Magnificent Seven stocks, including Nvidia (NVDA), were AWOL from IBD’s monthly list of new buys by the best mutual funds in May, And while Microsoft (MSFT), Alphabet (GOOGL), Tesla (TSLA), Apple (AAPL) and the others are still missing, Nvidia stock has returned — in style — to dominate this screen in June.
The Dow Jones and other major stock indexes plunged in morning trades Tuesday, as the markets braced for a key inflation report. Meanwhile, Tesla rose as investors weighed major developments at the electric-car maker, and Nvidia fell on the stock market today in spite of analysts’ bullish views on its China sales. X The Dow Jones
Amazon (AMZN) said Wednesday that it has invested an additional $2.75 billion in Anthropic, completing a $4 billion deal with the artificial intelligence startup from late last year. Amazon stock edged higher in afternoon trades. X In a deal first announced in September, Amazon committed an initial $1.25 billion to Anthropic for an investment deal
Nvidia (NVDA) late Monday previewed its next-generation artificial intelligence computing platform, Blackwell, and highlighted how it is helping to infuse AI technology into industries spanning health care, manufacturing and more. Nvidia stock rose ahead of the news. X In a two-hour keynote presentation at the Nvidia GTC 2024 conference in San Jose, Calif., Chief Executive