Nvidia shares soar, futures muted, Reddit IPO filing - what's moving markets

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NVIDIA (NVDA) PT Raised to $925 at New Street Research

February 23, 2024 9:21 AM EST

New Street Research analyst Pierre Ferragu raised the price target on NVIDIA (NASDAQ: NVDA) to $925.00 (from $535.00) while maintaining a Buy rating.

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NVIDIA (NVDA) nearing $2 trillion valuation

February 23, 2024 8:08 AM EST

The continued NVIDIA (NASDAQ: NVDA) share price surge could see the company become the first semiconductor business with a $2 trillion market capitalization.

The surge would represent another significant marker for the company that has benefitted enormously from the rise and subsequent soaring demand... More

Magnificent 7 helps push mutual funds to a strong start in 2024 - Goldman Sachs

February 23, 2024 7:45 AM EST

The strength of the "Magnificent 7" stocks has driven strong mutual fund performance at the start of 2024, Goldman Sachs analysts said in a note this week.

The bank explained that following a lackluster 2023, mutual funds are off to a strong start in 2024, with 46% of large-cap mutual funds beating their respective... More