Fitch downgrade warning, debt limit impasse, Nvidia soars - what's moving markets

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Go back to Fitch downgrade warning, debt limit impasse, Nvidia soars - what's moving markets

NVIDIA (NVDA): 'In 22 years of covering tech stocks and large cap we have NEVER seen a guidance range of this magnitude' - Wedbush's Ives

May 25, 2023 6:33 AM EDT

Wedbush analyst Dan Ives comments on NVIDIA's (NASDAQ: NVDA) historical guidance and what it means for the AI sector:

"In 22 years of covering tech stocks and large cap we have NEVER seen a guidance range of this magnitude on a large cap tech name and... More

NVIDIA (NVDA) PT Raised to $440 at Goldman Sachs; 'the inflection in Generative AI development is here'

May 25, 2023 6:26 AM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $440.00 (from $375.00) while maintaining a Buy rating.

The analyst commented, "The inflection in Generative AI development is here with Nvidia beating FY1Q (April) consensus EPS by 18% and, more... More