NVIDIA (NVDA) PT Raised to $1,100 at Barclays

NVIDIA (NVDA) PT Raised to $1,100 at CFRA

May 21, 2024 11:51 AM EDT

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $1,100.00 (from $1,000.00) while maintaining a Buy rating.

The analyst comments "We up our 12-month target to $1,100 from $1,000, on a P/E of 35x our CY 25 EPS view, above peers but below... More

Rosenblatt Previews NVIDIA (NVDA) Earnings

May 20, 2024 6:46 AM EDT

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $1,400.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "We expect NVIDIA to beat and raise in the April quarter, albeit not reaching the levels of the January quarter, due to improved supply and anticipated year-over-year deceleration from tougher comparisons. We believe that NVIDIA is still facing shortages of CoWoS and HBM, although the shortage of CoWoS is... More

NVIDIA (NVDA) PT Raised to $1,200 at Baird

May 20, 2024 5:24 AM EDT

Baird analyst Tristan Gerra raised the price target on NVIDIA (NASDAQ: NVDA) to $1,200.00 (from $1,050.00) while maintaining a Outperform rating.

The analyst comments "Raising estimates/price target on continued strength in AI-related demand for Nvidia. There is no match to Nvidia's products offering... More

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

May 20, 2024 5:22 AM EDT

Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.

Collectively, Apple Inc (NASDAQ: AAPL)., Amazon.com Inc (NASDAQ: AMZN)., Alphabet (NASDAQ: GOOGL) Inc., Meta Platforms Inc (NASDAQ: META)., Microsoft... More

US futures drift higher as more earnings, economic cues loom

May 20, 2024 5:21 AM EDT

Investing.com-- U.S. stock index futures rose slightly in evening deals on Sunday after a series of record highs on Wall Street, with sentiment remaining cautiously optimistic ahead of more cues on interest rates and earnings this week. 

S&P 500 Futures rose 0.1% to 5,334.25 points, while Nasdaq 100 Futures rose 0.1% to 18,661.50 points by 19:23 ET (23:23 GMT). Dow Jones Futures rose 0.1% to 40,179.0 points. 

More Fed cues, PMI data on tap this week 

Focus this week is squarely on more cues from the Federal Reserve on the path of interest rates, with the... More

Asian stocks rise on China stimulus cheer, tech strength

May 20, 2024 5:20 AM EDT

Investing.com-- Most Asian stocks rose on Monday as markets welcomed stimulus measures in China, while technology-heavy indexes also advanced as investors bought into the sector ahead of key earnings this week.

Most regional markets were sitting on gains from last week as some soft U.S. inflation readings ramped up hopes that the Federal Reserve will cut interest rates this year. Wall Street hit record highs last week, with U.S. stock index futures rising further in Asian trade on Monday. 

Focus this week is also on more cues from... More

U.S. futures inch higher, Nvidia to report this week - what's moving markets

May 20, 2024 5:13 AM EDT

Investing.com -- U.S. stock futures edge higher after the Dow ended trading on Friday above the 40,000 mark for the first time. Nvidia (NASDAQ: NVDA) is due to headline this week's corporate earnings calendar, with the maker of artificial intelligence-optimized chips expected to report another quarter of surging revenues. Elsewhere, several Fed officials are set to speak on Monday, as investors attempt to gauge to road ahead for the central bank's monetary policy.

1. Futures point higher

U.S. stock futures were broadly higher on... More

Wall Street bets on stellar quarterly results from Nvidia

May 20, 2024 5:01 AM EDT

By Arsheeya Bajwa

(Reuters) -Wall Street is betting on a blowout quarterly report from Nvidia on Wednesday, with its stock near record highs as investors look for evidence that the AI chipmaker can maintain its explosive growth and stay ahead of rivals.

The results will be the latest test for Wall Street's picks-and-shovels trade that has turned Nvidia into the biggest winner of the generative AI boom, thanks to its chips that are essential in powering technology such as Google's Gemini to OpenAI's ChatGPT.

"There is a lot riding on Nvidia's earnings. It is the... More

NVIDIA (NVDA) option implied volatility into quarter results

May 20, 2024 4:25 AM EDT

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 57; compared to its 52-week range of 32 to 68 into expected release of quarter results after the bell on May 22.

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Here's why investors seem to be hesitant to own AMD stock: Mizuho

May 17, 2024 11:07 AM EDT

Investors are growing increasingly skeptical about owning AMD (NASDAQ: AMD) stock, a Mizuho desk analyst highlighted in a new note.

Why add AMD if I own NVDA and AVGO here that are cheaper and feel much lower risk? appears to be the key pushback among market participants, the analyst said.

The chipmakers shares rose to an intraday high of $168 on Thursday, amid a broader surge in the technology sector driven by the recently released softer-than-expected inflation data.

... More

NVIDIA (NVDA) option implied volatility into quarter results

May 17, 2024 10:11 AM EDT

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 57; compared to its 52-week range of 32 to 68 into expected release of quarter results after the bell on May 22.

... More

CoreWeave Raises $7.5B in Debt for AI Computing Push - WSJ

May 17, 2024 7:03 AM EDT

(Updated - May 17, 2024 7:12 AM EDT)

CoreWeave Raises $7.5B in Debt for AI Computing Push - WSJ

CoreWeave, an artificial-intelligence cloud-computing startup has raised $7.5B from investors including Blackstone (NYSE: BX), Carlyle Group (NYSE: CG) and BlackRock... More

Microsoft (MSFT) to offer cloud computer customers platform of AMD (AMD) intelligence chips

May 17, 2024 6:54 AM EDT

Microsoft (NASDAQ: MSFT) to offer cloud computer customers platform of AMD (NASDAQ: AMD) intelligence chips that will compete with NVIDIA (NASDAQ: NVDA) - Reuters

... More

NVIDIA (NVDA) 30-day option implied volatility

May 17, 2024 6:22 AM EDT

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 56; compared to its 52-week range of 32 to 68.

... More

Nvidia earnings preview: Here's what Citi, Piper Sandler analysts expect to see

May 17, 2024 5:55 AM EDT

Nvidia (NASDAQ: NVDA) is set to report its fiscal first-quarter 2025 earnings after the closing bell on Wednesday, May 22.

Investors will be mainly focusing on growth trends in Nvidias data center segment and any updates on the recently announced Blackwell platform.

Wall Street analysts project Nvidia's revenue to reach $24.65 billion for Q1 FY2025, up from the previous quarter and more than tripling from the year-ago period, according to consensus estimates by Visible Alpha.

Net income is expected to soar to $12.87 billion, notably higher than the $2.04... More

Microsoft offers cloud customers AMD alternative to Nvidia AI processors

May 16, 2024 10:44 PM EDT

By Max A. Cherney

SAN FRANCISCO (Reuters) -Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week.

It will also launch a preview of new Cobalt 100 custom processors at the conference.

Microsoft's clusters of Advanced Micro Devices'... More

Active options: NVDA TSLA AAPL AMD AMC WMT GME AMZN CSCO FFIE META

May 16, 2024 10:03 AM EDT

Active options: NVDA TSLA AAPL AMD AMC WMT GME AMZN CSCO FFIE META

... More