TSMC's (NYSE: TSM) stock popped 4% on Oct. 19 after the chipmaking giant posted its third-quarter earnings report. Its revenue declined 15% year over year to $17.28 billion but exceeded analysts' expectations by $580 million. Its earnings per ADS slipped 28% in U.S. dollar terms
Semiconductor designer Nvidia (NASDAQ: NVDA) emerged as an artificial intelligence (AI) titan in 2023, capturing investors' imaginations with its groundbreaking advancements and a stock price that has soared to remarkable heights. But with great prominence comes great scrutiny.
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
Semiconductor company Nvidia (NASDAQ: NVDA) sits at the heart of the artificial intelligence (AI) revolution. Analysts estimate its market share in machine learning processors to be between 80% and 95%, and the chipmaker reinforced its authority by branching into AI software and
Applied Digital's (NASDAQ: APLD) stock price has surged nearly 140% over the past 12 months amid the buying frenzy in artificial intelligence (AI) stocks. But unlike Nvidia (NASDAQ: NVDA) and its peers, Applied Digital isn't actually an AI company. Instead, it merely builds or bu
The stock market moved lower on Friday, closing a bad week for major market benchmarks. Losses for the Nasdaq Composite (NASDAQINDEX: ^IXIC), S&P 500 (SNPINDEX: ^GSPC), and Dow Jones Industrial Average (DJINDICES: ^DJI) for the week were extensive as investors continued to wo
Tech stocks have primarily traded sideways over the last couple of months but have otherwise been standout performers this year. The group’s momentum and outperformance have been driven by a combination of favorable developments o
Since posting a record high in August, shares of Nvidia (NVDA ) have languished due to mounting headwinds for the company. The steady increase in global interest rates has undercut most high-valued chip stocks, as the 10-year T-note yield posted a new 16-year high on Thursday. Also, new U.S. rules...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Netflix Inc (Symbol: NFLX), where a total of 328,421 contracts have traded so far, representing approximately 32.8 million underlying shares. That amounts to about 490.2
Fintel reports that on October 20, 2023, Keybanc maintained coverage of NVIDIA (NASDAQ:NVDA) with a Overweight recommendation. Analyst Price Forecast Suggests 52.51% Upside
Looking for exposure to chip stocks, but worried about the sector's heavy China dependence? Here are two standout semiconductor stocks that have relatively limited exposure to the country as geopolitical tensions ratchet higher.
Bitcoin (BTC) is rebounding again after losing sheen somewhat over the past couple of months. The rally started on Oct 16 after the Securities and Exchange Commission (SEC) decided not to appeal its loss against Grayscale Investme
Since posting a record high in August, shares of Nvidia (NVDA ) have languished due to mounting headwinds for the company. The steady increase in global interest rates has undercut most high-valued chip stocks, as the 10-year T-note yield posted a new 16-year high on Thursday. Also, new U.S. rules...
We are in the thick of the third-quarter earnings season and the so-called "Magnificent Seven" are in focus. This is especially true as these have driven nearly all of the S&P 500’s 12% year-to-date gains because of their outs
For Immediate ReleaseChicago, IL – October 20, 2023 – Stocks in this week’s article are NVIDIA NVDA, Stanley Black & Decker SWK, Lamb Weston LW, General Electric GE and Dutch Bros BROS.