Nasdaq NVDA Nvidia

Intel rose nearly 8% on Friday and sparked a jump in chip stocks after its upbeat forecast signaled that the personal computer market was rebounding from its quarters-long slump.

For Immediate ReleaseChicago, IL – October 27, 2023 – Zacks Equity Research shares Applied Industrial Technologies AIT as the Bull of the Day and CBRE Group CBRE as the Bear of the Day. In addition, Zacks Equity Research provides

Hewlett Packard Enterprise HPE has announced that its new on-demand cloud service, HPE GreenLake for Private Cloud Business Edition, has been adopted by the Istanbul Water and Sewerage Administration (“iSKi”) to replace iSKi’s exi

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste

Futures for Wall Street's main stock indexes rose on Friday as robust forecasts from Amazon.com and Intel lifted beaten-down megacaps, while investors awaited key inflation data during the day.

For Immediate ReleaseChicago, IL – October 27, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi

Shares of chip maker Intel ( NASDAQ:INTC ) are among the most-discussed stocks on the  social media platform Reddit after the  company delivered strong Q3 earnings. Thanks to its back-to-back strong earnings performance, INTC stock has risen about 25.5% year-to-date and outperformed the S&P 500 Index ( SPX ) with its returns. Given the decent gain in its price and competitive headwinds, Wall Street analysts’ average price target suggests a limited upside potential in Intel stock from current levels.  With this backdrop, let’s understand what’s in store for Intel shareholders in the future. Should You Buy or Sell Intel Stock? Intel’s third-quarter earnings exceeded Street’s expectations, indicating a continued improvement in its financials. Further, an expected recovery in the PC market and opportunities led by  AI (artificial intelligence) bode well for growth.  Despite Intel’s improving financial performance, analysts have not changed their stance on INTC stock. Following the Q3 earnings,  Goldman Sachs analyst Toshiya Hari maintained a Sell recommendation on Intel stock. The analyst expects Advanced Micro Devices ( NASDAQ:AMD ) to take market share from Intel within the traditional CPU market. Nonetheless, Hari increased the price target on INTC stock to $30 from $28. Like Hari,  Vijay Rakesh of Mizuho Securities also increased the price target on INTC stock. However, the analyst reiterated a Hold rating on Intel stock as he sees the company lagging Nvidia ( NASDAQ:NVDA ) in the data center and AI space.   Further,  TD Cowen anal y st Matt Ramsay and  KeyBanc analyst John Vinh also reiterated a Hold recommendation on INTC stock following Q3 earnings print. Overall, Intel stock has received six Buy, 20 Hold, and four Sell recommendations for a Hold consensus rating. Moreover, the average INTC stock price target of $37.10 implies a limited upside potential of 14.08% from current levels.  The Takeaway Intel is well-positioned to capitalize on the recovery in the PC market. Moreover, higher revenues led by an increase in average selling price are expected to cushion its margins. In addition, Intel’s Foundry Services will enable it to capitalize on the AI market opportunity. However, market share losses to competitors, primarily AMD, continue to limit the upside potential in this trending Reddit stock, reflected through analysts’ Hold consensus rating. Disclosure

U.S. stock index futures climbed on Friday as robust forecasts from Amazon.com and Intel along with a pullback in Treasury yields lifted megacaps, while investors awaited a key inflation data during the day.

Stock-split stocks have been undeniably hot in recent years. While these moves to spread a company's valuation out over a larger number of shares don't do anything to change the material nature of the business or its real value, lower per-share prices can make stocks more appeali

Shares of voice  AI (Artificial Intelligence) solutions provider SoundHound AI ( NASDAQ:SOUN ) have dropped over 69% from its 52-week high of $5.11. While SOUN stock has lost substantial value, analysts suggest buying this  Penny stock (learn more about penny stocks  here). With this backdrop, let’s delve into SOUN stock. SoundHound to Grab a Substantial Market Share SoundHound’s focus on innovation has led the company to build voice and conversational AI technologies with a fraction of investments compared to its peers. As a result, SoundHound has garnered the interest and investment of key strategic partners such as Nvidia ( NASDAQ:NVDA ), Foxconn, and Samsung Electronics ( GB:SMSN ), among others.  During the second quarter conference call, the company highlighted that its voice AI technology is powering millions of electronics, cars, and IoT devices. Moreover, it introduced the SoundHound Chat AI platform for the automotive sector and unveiled its AI customer service solution called Smart Answering, targeting restaurants and other businesses. The company’s focus on innovation, new product offerings, expansion of its sales team, and robust channel partner ecosystem solidifies its competitive positioning in the Voice AI market.  Echoing similar sentiments,  D.A. Davidson analyst Gil Luria initiated coverage on SoundHound with a Buy recommendation on September 26. Luria’s price target of $5 suggests significant upside potential in this Penny stock from current levels. The analyst is confident that SoundHound’s Voice AI platform will  be the benchmark in the voice AI market. In addition, Luria expects the company’s growing sales team, strong financials, and enhanced go-to-market strategy to bolster its market share. As the company is well-positioned to grab a substantial share of the Voice AI market, let’s examine the upside potential of SoundHound stock.  What is the Price Target for SoundHound AI? In addition to Luria, the other four analysts covering SoundHound stock also maintain a bullish outlook. With five Buy recommendations, SoundHound stock sports a Strong Buy consensus rating. Meanwhile, the  analysts’ average price target of $5.04 suggests a significant upside potential of 223.08% from current levels. Bottom Line According to analysts’ recommendations, SoundHound is a solid stock to buy now. Further, it offers a considerable upside potential from current levels. While SOUN stock could be a reliable long-term bet, investors can utilize TipRanks’  penny stock screener to discover other attractive penny stocks. 

Intel (INTC) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items

Shares of cloud networking star Arista Networks (NYSE: ANET), artificial intelligence (AI) leader Nvidia (NASDAQ: NVDA), and programmatic ad platform The Trade Desk (NASDAQ: TTD) plunged 7.9%, 2.6%, and 7.6%, respectively, today as of 3:12 p.m. EDT.

This article discusses the current state of the global semiconductor industry, how it may be the single most important industry for national security and economic growth, and how geopolitics are reshaping it. 

Pinterest, Inc. PINS is scheduled to report third-quarter 2023 results on Oct 30, after the closing bell. The company pulled off a trailing four-quarter earnings surprise of 66.19%, on average. In the last reported quarter, it rep

Monolithic Power Systems, Inc. MPWR is set to report third-quarter 2023 results on Oct 30, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 0.36%. It pulled off a trailing four-qu

CACI International CACI reported mixed first-quarter fiscal 2024 results, wherein earnings missed the Zacks Consensus Estimate but revenues beat the same.

3D Systems DDD reported weaker-than-expected preliminary results for third-quarter 2023. It now expects revenues between $123 million and $124 million, indicating a year-over-year decline between $9.3 million and $8.3 million, pri

Despite some signs of slowdown in the economy, the biggest stories in the market still revolve around big tech earnings and artificial intelligence. Big 7 stocks stretch across technology, communications, and consumer discretionary: Microsoft [MSFT], Apple [AAPL], and Nvidia [NVDA] in technology; Meta Platforms [META] and Alphabet [GOOG] in communications; and Amazon [AMZN] and Tesla [...] Read more at ETFTrends.com.

One of the biggest tech providers globally, Microsoft Corporation MSFT, recently posted blockbuster earnings results.

The Bitcoin (BTC) rally, which had stalled two months back after making a solid turnaround earlier this year, once again rebounded on Oct 24. The cryptocurrency jumped nearly 6% to $34,872 to hit its highest level in almost one-an