NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
Nvidia pushes ahead with a new AI chip for China, navigating U.S. restrictions while defending market share in a key region. A key move for Nvidia's growth.
Foxconn, owned by Hon Hai Precision Industry (OTC: HNHPF), the prominent supplier for Apple Inc. (NASDAQ: AAPL), has seen its AI server division overtake iPhone assembly as its primary business.
This Vanguard index fund is heavily invested in the "Magnificent Seven" stocks, a group that includes Nvidia, Microsoft, Apple, Amazon, Meta Platforms, Alphabet, and Tesla.
In a strategic move, Arm Holdings has recruited Rami Sinno, a former Amazon.com Inc (NASDAQ: AMZN) artificial intelligence (AI) chip director, to enhance its in-house chip development plans.
Appaloosa's billionaire boss reversed course in the second quarter by becoming a big-time buyer of Nvidia stock and a seller of the hottest AI-networking company.
OpenAI, a leader in artificial intelligence research and development, has openly acknowledged significant challenges related to the supply of Graphics Processing Units (GPUs). While the company has indeed faced and continues to grapple with GPU shortages, impacting the rollout and accessibility of its advanced AI models, it is simultaneously implementing
Intel continued its winning run amid news of new strategic investment, while Nvidia saw activity as traders geared up for its quarterly results due next week.
From early April through early August, Nvidia stomped its way relentlessly higher, more than doubling in price and curb-stomping anyone who dare got in its way.
Sam Altman says AI spend will be “trillions” … he also says that some will get “burned” … bull/bear cases on AI… how to thread the needle with Luke Lango and Eric Fry
Shares of media broadcasting company Sinclair (NASDAQ:SBGI) fell 3.4% in the afternoon session after the stock continued to slide amid negative sentiment following its recent disappointing second-quarter earnings report. The decline appears to be continued investor disappointment following the company's weak second-quarter financial results reported earlier in August. In the quarter, Sinclair missed analyst expectations across the board. Revenue fell 5.4% year-over-year to $784 million, and the company posted a GAAP loss of $0.91 per share, a sharp reversal from the profit reported in the same period last year.
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV)
jumped 4.7% in the afternoon session after it showed signs of a potential turnaround fueled by positive analyst sentiment and improved financial flexibility. This move comes despite the stock having declined over 23% in the past month, pushing it into what some analysts consider oversold territory. Fueling the optimism is a strong consensus among Wall Street analysts, who have been raising their earnings estimates for the current year. Over the last 30 days, the consensus Earnings Per Share (EPS) estimate for Torrid has increased by 5.9%. This upward trend in earnings revisions is often seen as a precursor to potential price appreciation.
