Citi Comments on NVIDIA (NVDA) Earnings, Offers Focus Points Before The Conference Call
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NVIDIA (NVDA) PT Raised to $925 at New Street Research
February 23, 2024 9:21 AM ESTNew Street Research analyst Pierre Ferragu raised the price target on NVIDIA (NASDAQ: NVDA) to $925.00 (from $535.00) while maintaining a Buy rating.
... MoreNVIDIA (NVDA) PT Raised to $840 at CFRA
February 22, 2024 2:22 PM ESTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $840.00 (from $700.00) while maintaining a Buy rating.
The analyst comments "We lift our 12-month target to $840 from $700, on P/E of 30x our CY 25 EPS view, above peers/ below... More
NVIDIA (NVDA) PT Raised to $875 at Goldman Sachs, 'Robust Gen AI infrastructure'
February 22, 2024 4:16 AM ESTGoldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $875.00 (from $800.00) while maintaining a Conviction Buy rating.
The analyst comments "
Nvidia delivered against what was seemingly a very high bar with Data Center once again serving as the key growth driver. Looking ahead, despite the >3x yoy increase in Data Center revenue in... More
Nvidia guidance tops estimates as AI-led chip demand continues; shares jump
February 21, 2024 4:41 PM EST(Updated - February 22, 2024 3:47 AM EST)
Investing.com -- Nvidia reported Wednesday better-than-expected guidance and fiscal fourth-quarter results as an artificial intelligence-led surge in demand for chips helped ease the hit from the U.S. chip export ban to China.
Nvidia (NASDAQ: NVDA) rose in extended trading following the report.
Chief Executive Jensen Huang, weighing in on the soaring enthusiasm for AI that has fueled a surge in the... More
NVIDIA (NVDA) now up 6% following beat and raise
February 21, 2024 4:37 PM ESTNVIDIA (NASDAQ: NVDA) is now up 6% following its latest beat-and-raise, the initial kneejerk to the report was down over 3%:
reported Q4 EPS of $5.16, $0.55 better than the analyst estimate of $4.61. Revenue for the quarter came in at $22.1 billion versus the consensus estimate of $20.55... MoreNvidia stock surges as revenue forecast tops estimates, AI demand continues
February 21, 2024 4:26 PM ESTBy Arsheeya Bajwa and Max A. Cherney
(Reuters) -Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on towering demand for its industry-leading artificial-intelligence chips, sending its shares up 10% after-hours.
The already-hefty demand for the company's data center chips and graphics processing units (GPUs) continues to grow as firms scramble to expand their AI offerings. Nvidia's silicon dominates the global market for AI chips, where it counts the likes of Microsoft among its customers.
"The market was poised to sell the news following Nvidia's earnings, given the... More
NVIDIA (NVDA) stock whipsaws following beat and raise
February 21, 2024 4:25 PM ESTNVIDIA (NASDAQ: NVDA) stock whipsaws following beat and raise, last up 1% but had been down over 3%
reported Q4 EPS of $5.16, $0.55 better than the analyst estimate of $4.61. Revenue for the quarter came in at $22.1 billion versus the consensus estimate of $20.55 billion.NVIDIA... MoreNVIDIA (NVDA) Tops Q4 EPS by 55c
February 21, 2024 4:22 PM ESTNVIDIA (NASDAQ: NVDA) reported Q4 EPS of $5.16, $0.55 better than the analyst estimate of $4.61. Revenue for the quarter came in at $22.1 billion versus the consensus estimate of $20.55 billion.
GUIDANCE:
NVIDIA sees Q1 2025 revenue of $24 billion, versus the consensus of $22... More
NVIDIA (NVDA) call put ratio 1.5 calls to 1 put into quarter results
February 21, 2024 2:40 PM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 165, March is at 66; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.
... More
NVIDIA (NVDA) option IV into quarter results and outlook
February 21, 2024 10:42 AM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 170, March is at 68; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.
... MoreWall St awaits Nvidia earnings as analysts call it "Earth's most important stock"
February 21, 2024 10:02 AM ESTInvesting.com -- Nvidia (NASDAQ: NVDA)Â will unveil one of the most hotly-anticipated earnings releases in recent memory after the U.S. market close on Wednesday, with analysts hoping that the artificial intelligence chipmaking giant posts a more than three-fold jump in revenue.
For traders, the results could provide justification for Nvidias sharp run-up in valuation, currently at a forward price-to-earnings ratio of a little over 32.
But the figures may also prove to be major check-up on a massive surge in hype around AI that has helped to underpin... More
Google (GOOGL) introduces open-source AI models, Gemma
February 21, 2024 8:45 AM ESTOn Wednesday, Google (NASDAQ: GOOGL) unveiled new open artificial intelligence (AI) models dubbed Gemma.
The new initiative allows both individuals and businesses to create their own AI software using "open models" at no cost, following similar moves by Meta Platforms (NASDAQ: META) and other tech companies.
Google is also sharing crucial technical information, including model weights, with the public.
With... More
Microsoft (MSFT) develops AI server network card to reduce Nvidia dependence - report
February 21, 2024 8:15 AM ESTMicrosoft (NASDAQ: MSFT) is working on a new network card aimed at enhancing the performance of its Maia AI server chip, a move that might decrease its dependence on Nvidia (NASDAQ: NVDA), The Information reported on... More
Midday movers: Nvidia, Walgreens, Palo Alto Networks and Teladoc fall
February 21, 2024 8:15 AM EST(Updated - February 21, 2024 11:16 AM EST)
Investing.com -- Main U.S. indexes fell Wednesday as investors digested a raft of corporate earnings ahead of the release of the minutes of the latest Federal Reserve meeting.
Here are some of the biggest U.S. stock movers today:
Nvidia (NASDAQ: NVDA) stock fell 2.1% ahead of the release of quarterly earnings from the artificial intelligence chipmaking... More
European stocks mixed; HSBC weighs on UK market
February 21, 2024 5:20 AM ESTInvesting.com - European stock markets traded in a mixed fashion Wednesday, with investors digesting a raft of corporate results, including disappointment from heavyweight HSBC.Â
At 03:05 ET (08:05 GMT), the DAX index in Germany traded 0.1% higher, the CAC 40 in France traded up 0.1%, while the FTSE 100 in the U.K. dropped 0.5%.
HSBC hit by Chinese impairment; Nvidia due laterÂ
Its the corporate sector that is in the spotlight Wednesday, as the quarterly earnings season continued in full flow.
The days... More
Nvidia to report, Fed minutes in focus - what's moving markets
February 21, 2024 5:20 AM ESTInvesting.com -- U.S. stock futures tick marginally lower ahead of a busy day that will feature much-anticipated results from AI-darling Nvidia (NASDAQ: NVDA) and minutes from the Federal Reserve's January gathering. Elsewhere, Amazon (NASDAQ: AMZN) founder Jeff Bezos sells a fresh batch of shares in the e-commerce behemoth, bringing the proceeds from a raft of recent stock sales to $8.5 billion.
1. Futures marginally lower
U.S. stock futures pointed slightly lower on Wednesday, as investors geared up for key earnings from artificial intelligence... More
NVIDIA (NVDA) option IV into NVIDIA hosting its flagship GTC 2024 conference
February 21, 2024 4:34 AM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 103, March is at 67; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.
... MoreNVIDIA (NVDA) February weekly 695 straddle into quarter results
February 21, 2024 4:29 AM ESTNVIDIA (NASDAQ: NVDA) February weekly 695 straddle priced for a move of 11.5% into the expected release of quarter results today after the bell.
... MoreNVIDIA (NVDA) option IV into quarter results and comments
February 21, 2024 4:02 AM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 103, March is at 67; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell.
... MoreShares in these Asian tech companies could rally on Nvidia's (NVDA) guidance
February 20, 2024 11:00 PM ESTMorgan Stanley highlighted four Asian technology companies that could rally on Nvidia's guidance in separate notes Tuesday, naming each one a catalyst driven idea.
Taiwan Semi (NYSE: TSM) was one of the first stocks named, with analysts at the investment bank... More
NVIDIA (NVDA) option IV elevated as share price down 6% into quarter results
February 20, 2024 1:50 PM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 153, March is at 68; compared to its 52-week range of 32 to 68 into the expected release of quarter results after the bell on February 21.
... MoreNVIDIA (NVDA) call put ratio 1.4 calls to 1 put into quarter results
February 20, 2024 11:30 AM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 155, March is at 71; compared to its 52-week range of 32 to 68 into the expected release of quarter results after the bell on February 21. Call put ratio 1.4 calls to 1 put.
Microsoft (MSFT) develops AI server gear to lesson reliance on NVIDIA (NVDA) - The Information
February 20, 2024 11:11 AM ESTMicrosoft (NASDAQ: MSFT) develops AI server gear to lesson reliance on NVIDIA (NASDAQ: NVDA) - The Information
Microsoft makes alternative to Nvidia network card... MoreNVIDIA (NVDA) February weekly option implied volatility into quarter results
February 20, 2024 10:30 AM ESTNVIDIA (NASDAQ: NVDA) February weekly call option implied volatility is at 158, March is at 71; compared to its 52-week range of 32 to 68 into the expected release of quarter results after the bell on February 21.
... MoreMidday movers: Walmart, Discover rise; Home Depot falls
February 20, 2024 8:21 AM EST(Updated - February 20, 2024 11:07 AM EST)
Investing.com -- U.S. futures fell Tuesday as investors returned to their desks after a long weekend and prepared for a deluge of quarterly corporate earnings during the week. The tech-heavy Nasdaq underperformed as semiconductor stocks traded sharply lower.
Here are some of the biggest U.S. stock movers today:
Walmart (NYSE: WMT) stock rose 3.9% after the retail giants fourth-quarter sales and earnings beat estimates and it raised its annual dividend by... More
NVIDIA (NVDA) Mentioned Positively at Rosenblatt
February 20, 2024 6:48 AM ESTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,100.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "We see Nvidia beating and raising for the January quarter print and guide on product cycle momentum in Hopper, Grace-Hopper, Networking, Software, and upcoming... More
NVIDIA (NVDA) PT Raised to $1,050 at Baird, Remains Top Idea
February 20, 2024 6:48 AM ESTBaird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,050.00 (from $750.00) while maintaining a Outperform rating.
The analyst comments "Per our Asia field trip, demand for Nvidias AI solutions remains unabated, with momentum from enterprise customers now rapidly building. Upcoming... More
Nvidia's surging growth may still disappoint some investors
February 20, 2024 6:20 AM ESTBy Arsheeya Bajwa
(Reuters) -Nvidia is set to post a more than three-fold surge in its fourth-quarter revenue on Wednesday, the same as in the previous quarter, as demand for its chips that dominate the market for artificial intelligence outstrips supply.
But even that remarkable growth may disappoint some investors who have become accustomed to Nvidia blasting past analyst expectations, which has led to a bull run in its stock since the beginning of 2023.
Nvidia recently left Amazon.com behind to become the fourth most valuable U.S. company, and is now head-to-head with Alphabet... More
Nvidia projected to deliver stronger-than-expected fourth-quarter revenue - Stifel
February 20, 2024 5:48 AM ESTInvesting.com -- Nvidia (NASDAQ: NVDA)Â is expected to post stronger-than-anticipated results when it releases its latest quarterly earnings this week, but key questions still hover around the chipmaking giant's outlook, according to analysts at Stifel.
Nvidia's stock price has more than tripled in the past 12 months thanks in large part to a spike in interest in its high-end graphics processors, which are considered to be... More
Asian stocks find little cheer from China’s interest rate cut
February 20, 2024 5:41 AM ESTInvesting.com-- Most Asian stocks retreated on Tuesday, extending recent losses as persistent concerns over slowing economic growth and high U.S. interest rates largely offset a bigger-than-expected cut in Chinas benchmark lending rate.
Chinese markets fell slightly after a largely underwhelming return from the week-long Lunar New Year holiday, while a bigger-than-expected cut in the five-year loan prime rate failed to inspire confidence.
The bluechip Shanghai Shenzhen CSI 300 and Shanghai Composite indexes fell 0.3% and 0.1%, respectively, while losses in mainland stocks dragged Hong Kongs Hang Seng index down 0.4%. All three... More
Masayoshi Son is 'thinking big for his next move' with AI chip venture - analyst
February 20, 2024 5:25 AM ESTMasayoshi Son, the founder of SoftBank Group Corp., is reportedly raising up to $100 billion for a new chip venture named Izanagi, aimed at rivaling Nvidia Corp. (NASDAQ: NVDA) in the AI semiconductor arena, Bloomberg News reported on Friday
This initiative, which marks Son's latest... More
Walmart to report; Capital One, Discover Financial tie-up - what's moving markets
February 20, 2024 4:31 AM ESTInvesting.com --Â U.S. stock futures inch lower on Tuesday, pointing to a negative opening for markets as investors return to their desks following the Presidents' Day holiday. Corporate earnings are set to be in the spotlight, with results due out from big-box retailers Walmart (NYSE: WMT) and Home Depot (NYSE: HD). Elsewhere, Capital One and Discover Financial agree to a merger worth more than $35 billion that would create a... More
NVIDIA (NVDA) February weekly 725 straddle into quarter results
February 20, 2024 3:15 AM ESTNVIDIA (NASDAQ: NVDA) February weekly 725 straddle priced for a move of 12% into the expected release of quarter results after the bell on February 21.
... MoreNVIDIA (NVDA) option implied volatility into quarter results
February 20, 2024 2:48 AM ESTNVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 62; compared to its 52-week range of 32 to 68 into expected release of quarter results after the bell on February 21. Call put ratio 1.7 calls to 1 put.
... MoreStocks expected to have increasing option volume: NVDA GFS COF DFS M V WMT
February 20, 2024 2:21 AM ESTStocks expected to have increasing option volume: NVDA GFS COF DFS M V WMT
... MoreUS stock futures edge lower amid rate uncertainty, pre-earnings angst
February 19, 2024 9:05 PM ESTInvesting.com-- U.S. stock index futures fell slightly in Asian trade on Tuesday amid persistent uncertainty over the path of interest rates, while anticipation of key earnings reports this week, particularly from NVIDIA Corporation (NASDAQ: NVDA), kept traders on edge.Â
Markets saw a dearth of cues on account of a U.S. market holiday on Monday. But trading action is widely expected to pick up in the coming days, especially as the earnings season rolls on.
... MoreNVIDIA (NVDA) PT Raised to $865 at Stifel Into EPS
February 19, 2024 3:44 PM ESTStifel analyst Ruben Roy raised the price target on NVIDIA (NASDAQ: NVDA) to $865.00 (from $665.00) while maintaining a Buy rating ahead of earnings.
The analyst commented, "Nvidia reports F4Q24 results after market on Wednesday, 2/21. While recent industry data points have indicated that GPU... More
Trading Nvidia's results through TSMC - Morgan Stanley
February 19, 2024 10:10 AM ESTInvesting.com - Taking a position in TSMC shares could be a way of trading Nvidias earnings, ahead of Wednesdays release, according to Morgan Stanley.
The U.S. investment bank said, in a note dated Feb. 18, that Taiwan Semiconductor Manufacturing (NYSE:... More
NVIDIA (NVDA) PT Raised to $835 at HSBC, 'Transition to re-rating as earnings upside peaks'
February 19, 2024 6:42 AM ESTHSBC analyst Frank Lee raised the price target on NVIDIA (NASDAQ: NVDA) to $835.00 (from $800.00) while maintaining a Buy rating.
The analyst commented: "We remain LT bullish on Nvidia's dominant AI strategy as we expect its competitive moat will enable Nvidia to remain... More
Top 5 things to watch in markets in the week ahead
February 19, 2024 5:30 AM ESTInvesting.com -- In the holiday shortened week ahead investors will be looking to the latest Federal Reserve minutes for any new insights on the direction of monetary policy. Earnings from chipmaker Nvidia (NASDAQ: NVDA) will be a critical test of the artificial intelligence fever that has helped power gains for U.S. stocks in recent months. Walmart (NYSE: WMT) kicks off earnings from the biggest U.S. retailers, Chinese markets return, and PMI data will shed light on the strength of the global economy.... More
5 big analyst AI moves: Nvidia gets new Street-high PT; OpenAI launches new model
February 19, 2024 5:30 AM ESTHere are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!
Loop Capital starts Nvidia coverage with a Street-high target priceLoop Capital started research coverage of NVIDIA Corporation (NASDAQ: NVDA) stock with a Buy rating and a... More
Asian stocks muted as rate cut hopes wane; China reopens higher
February 19, 2024 5:28 AM ESTInvesting.com-- Most Asian stocks kept to a tight range on Monday, tracking weakness in Wall Street as stronger-than-expected inflation data fueled more fears of higher-for-longer U.S. interest rates.
Wall Street indexes fell on Friday after data showed U.S. producer price index inflation grew more than expected in January. The reading, which came just days after stronger-than-expected consumer price index inflation data, saw traders further price out the chances of early interest rate cuts by the Federal Reserve this year.Â
S&P 500, Dow Jones and Nasdaq 100 futures rose... More
Memory chip maker SK Hynix hits record high amid AI hype
February 19, 2024 5:28 AM ESTInvesting.com-- Shares of SK Hynix Inc (KS:000660) briefly surged to a record high on Monday, extending a raft of recent gains amid growing bets that the South Korean memory chip maker will benefit from its exposure to an artificial intelligence boom.
SK Hynix shares rose 3.6% to 152,000 won, briefly hitting a lifetime high of 153,100 won... More
