Deciding on when to the pull trigger on the market’s favorite stock. Nvidia (NVDA) stock slid more than 9% on Monday during premarket trading as the global stock market rout accelerated, as fears of a potential US recession rippled through global markets. Stock markets from Asia to Europe took a severe beating, and bond yields
Elon Musk at the Milken Institute’s Global Conference at the Beverly Hilton Hotel on May 6, 2024 in Beverly Hills, California.Photo: Apu Gomes (Getty Images) After announcing that supercluster training has started at his “gigafactory of compute,” Elon Musk is asking if his artificial intelligence startup should get an investment from one of this other
Outsized positions in artificial intelligence darling Nvidia (NVDA) have boosted portfolio managers’ returns this year but the bets stand to magnify risk if the chipmaker’s red-hot shares see a reversal of fortune. Nvidia shares are up about 785% since the start of 2023 and have risen some 160% this year alone, boosted by demand for
Inflation has remained stubbornly above the Federal Reserve’s 2% target on an annual basis. But recent economic data has helped fuel a narrative that the central bank should cut rates sooner than later. Immediately following Thursday’s encouraging inflation data, which showed headline inflation falling month over month for the first time since May 2020, markets
By Summer Zhen HONG KONG (Reuters) – Hedge funds hunting for artificial intelligence-related stock market bargains are rushing into South Korea’s chipmakers, betting a new wave of demand for high-end memory chips and government spending makes them more valuable. Britain’s Man Group, Singapore’s FengHe Fund Management and Hong Kong’s CloudAlpha Capital Management and East Eagle
A few small-cap fund managers are bucking a broader decadelong trend of losing to large-caps by betting on a handful of winning stocks. Small-cap stocks are in a deep slump. They have underperformed large caps seven of the past eight years. That trend is continuing this year, with small caps posting a gain of just
The market cap of AI chip maker Nvidia passed $3 trillion in the second quarter. Because microchips are made from silica, it’s tempting to say that Nvidia’s entire capitalization is built on sand. But nothing is firmer than Wall Street’s belief in artificial intelligence. The behemoth’s stock surged 37% in the past three months and
A growing number of tech firms are reportedly cautioning investors about risks related to their efforts in artificial intelligence (AI). At least a dozen major tech companies have “quietly” issued AI-related warnings this year by adding or updating them in the “risk factors” section of reports filed with the Securities and Exchange Commission (SEC), Bloomberg
Mark Newton, global head of technical strategy at Fundstrat, uses Nvidia (NVDA) as an example to illustrate his “buy high, sell higher” strategy. He explains why this approach can lead to better investment outcomes and warns against chasing the adage of “buy low, sell high.” Newton discusses his insights with Yahoo Finance’s Jared Blikre and
Nvidia’s dominance in providing chips to power artificial-intelligence technology was bound to attract the notice of regulators. Now the company looks set to face the first antitrust challenge of its AI era but it should only be a small obstacle. Nvidia is about to be charged by the French antitrust regulator for allegedly anticompetitive practices,