Nvidia (NASDAQ: NVDA) has wowed investors over the past few years with its triple-digit earnings growth and explosive share-price performance. And that's helped the company reach $2.26 trillion in market value. The reason behind all of the excitement? Nvidia's graphics processing
In the space of just 18 months, Nvidia's (NASDAQ: NVDA) market capitalization has grown from $360 billion to over $2.2 trillion, making it the third largest company in the world behind Apple and Microsoft.
Shares of Nvidia (NASDAQ: NVDA) have already clocked handsome gains of 81% in 2024 thanks to the stellar quarterly results the company delivered earlier this year, which cemented its position as the pioneer in the market for artificial intelligence (AI) chips.
For Immediate ReleaseChicago, IL – May 15, 2024 – Stocks in this week’s article are BellRing Brands BRBR, ResMed RMD, NVIDIA NVDA and Transdigm Group TDG.
In case you haven't noticed, the bulls are firmly in control on Wall Street. Since the green flag waved at the start of 2023, the ageless Dow Jones Industrial Average, broad-based S&P 500, and growth-centric Nasdaq Composite have respectively rallied by 19%, 36%, and 56%, as
Artificial intelligence (AI) went viral early last year and shows no signs of letting up. Nvidia (NASDAQ: NVDA) supplies the graphics processing units (GPUs) that underpin the technology, and demand continues unabated. That said, some investors still worry that looming competitio
One of the most important components of the artificial intelligence (AI) narrative is semiconductors. High-performance chips, known as graphics processing units (GPUs), are used for all sorts of generative AI applications.
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF is seeing unusually high volume in afternoon trading Tuesday, with over 794,000 shares traded versus three month average volume of about 69,000. Shares of GRID were up about 1.1% on the day.
Components
Keysight Technologies, Inc. KEYS is scheduled to report second-quarter fiscal 2024 results on May 20 after the closing bell. It pulled off a trailing four-quarter earnings surprise of 6.39%, on average.Based in Santa Rosa, CA, the
Nice NICE is set to release first-quarter 2024 results on May 16.For the to-be-reported quarter, NICE projects non-GAAP revenues to be between $650 million and $660 million, indicating 15% growth at the midpoint. Non-GAAP earnings
NVIDIA NVDA is extending the capabilities of its supercomputing centers worldwide with its CUDA-Q platform. NVDA is using quantum processing units (QPUs) to improve its high-performance computing systems across Germany, Japan and
Applied Materials, Inc. AMAT is set to report second-quarter fiscal 2024 results on May 16.For the fiscal second quarter, AMAT expects net sales of $6.50 billion (+/-$400 million). The Zacks Consensus Estimate for revenues is pegg
Alphabet’s GOOGL Google recently partnered with Hewlett Packard HPE to commercialize its 3D video conferencing technology, Project Starline, in 2025.With the HP collaboration, Google plans to integrate this video technology into p
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.7 billion dollar inflow -- that's a 0.7% increase week over week in outstanding un