NVIDIA (NVDA) PT Raised to $150 at Argus, 'We recommend establishing or adding to positions'

NVIDIA (NVDA) PT Lowered to $150 at Oppenheimer

Oppenheimer analyst Rick Schafer lowered the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $1,100.00) while maintaining a Outperform rating.... More

Futures edge lower, Apple reveals OpenAI partnership - what's moving markets

Investing.com -- U.S. stock futures inch lower on Tuesday, as Wall Street looks ahead to a major Federal Reserve policy decision and fresh inflation numbers this week. Apple (NASDAQ: AAPL) unveils a new partnership with ChatGPT-maker OpenAI, with the iPhone giant looking to boost its position in the race to incorporate artificial intelligence into its offerings. Elsewhere, Scottish fund manager Baillie Gifford is set to back Tesla (NASDAQ: TSLA) CEO Elon Musk's $56 billion pay package, according to Bloomberg News.

1. Futures inch... More

NVIDIA (NVDA) PT Raised to $135 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on NVIDIA (NASDAQ: NVDA) to $135.00 (from $120.00) while maintaining a Buy rating.

The analyst comments "Our meetings at Computex 2024 reinforced our view that Nvidia is on track to maintain its competitive lead in Accelerated Computing for the foreseeable future. While we expect the large cloud service providers (CSPs) to continue to... More

Active options: NVDA AAPL GME TSLA AMD AMZN AMC PLTR META

Active options: NVDA AAPL GME TSLA AMD AMZN AMC PLTR META

NVIDIA (NVDA) PT Lowered to $131 at Evercore ISI

Evercore ISI analyst Mark Lipacis lowered the price target on NVIDIA (NASDAQ: NVDA) to $131.00 (from $1,310.00) while maintaining a Outperform rating.

The analyst comments "NVDA announced a 10-to-1 stock split on May 22, 2024 effective after markets close on June 7, 2024. Following this every shareholder will... More

BTIG: Industrials, builders, hotels vulnerable while med devices look timely

In a note to clients Monday, BTIG analysts warned of potential weakness in certain sectors while identifying relative bright spots.

Despite ongoing bullish sentiment, BTIG remains "tactically cautious" due to the S&P 500 trading "over 12% above its 200 DMA," a level it historically hasn't sustained for long... More

NVIDIA (NVDA) option implied volatility decreases after stock split

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 44; compared to its 52-week range of 32 to 68 after stock split.

Nvidia shares in the red as 10-for-1 stock split takes place

Shares in Nvidia (NASDAQ: NVDA) fell more than 3% to $117 following the market open on Monday after the chipmakers 10-for-1 stock split took effect.

The stock later clawed back some of the losses and was down 1% at the time of writing.

Companies often implement stock splits to make their shares more accessible to a broader range of investors. When a stock's price becomes too high, it can be challenging for some investors to buy whole shares.

The company's stock price has risen significantly in recent... More

NVIDIA (NVDA) PT Raised to $140 at TD Cowen

TD Cowen analyst Matthew Ramsay raised the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $120.00) while maintaining a Buy rating.

The analyst commented, "We adjust our EPS estimates/PT to align with the now-effective 10:1 stock split, and align our long-term datacenter model... More

Active options: NVDA GME AMD AAPL TSLA PLTR AMC CRWD RDDT TSM MARA

Active options: NVDA GME AMD AAPL TSLA PLTR AMC CRWD RDDT TSM MARA

NVIDIA (NVDA) PT Lowered to $116 at Morgan Stanley

Morgan Stanley analyst Joseph Moore lowered the price target on NVIDIA (NASDAQ: NVDA) to $116.00 (from $1,160.00) while maintaining a Overweight rating.... More

AMD cut at Morgan Stanley as bank prefers Nvidia and Broadcom

AMD (NASDAQ: AMD) was cut to Equal-Weight from Overweight at Morgan Stanley on Monday. The firm maintains a $176 price target on the stock.

While the bank still favors the narrative, it said investor expectations for the AI business still seem too... More

Nvidia sparks chatter over possible Dow inclusion after stock split

(Reuters) -Nvidia's 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence bellwether's inclusion in the blue-chip Dow index.

The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing its market valuation.

"A side-effect of Nvidia's stock split will be to put it in the running to follow Amazon and Apple into the Dow, potentially pushing out fellow chip stock Intel that currently has the lowest weighting," said Ben... More

Global governments open new sales avenue for Nvidia with domestic AI push - WSJ

(Updated - June 10, 2024 8:00 AM EDT)

Global governments are joining the AI spending surge, allocating billions to establish domestic computing facilities dedicated to artificial intelligence. According to Wall Street Journal, this investment wave spanning Asia, the Middle East, Europe, and the Americas, offers a burgeoning revenue stream for tech giants, especially AI darling Nvidia (NASDAQ: NVDA).

The report notes that countries are expanding their budgets and introducing incentives to stimulate the construction of new data centers and the upgrade of existing ones with specialized computer chips, predominantly from Nvidia.

These... More

Dow Jones, Nasdaq, S&P 500 weekly preview: FOMC in focus after strong jobs report

The S&P 500 ended Friday flat, despite hitting a record-high intraday, buoyed by a stronger-than-expected jobs report.

The broad market index dipped 0.11% to close at 5,346.99, after reaching an all-time high earlier in the session. The Dow Jones Industrial Average fell 87 points to 38,798.99, and the Nasdaq Composite slipped 0.23% to end at 17,133.13.

Despite the slight declines, all three major indices recorded gains for the week. The Dow rose 0.29%, the S&P 500 gained nearly 1.32%, and the Nasdaq advanced 2.38%.

Stocks initially faced pressure following the release of robust May jobs data, which pushed the yield on the... More

NVIDIA (NVDA) PT Raised to $1,450 at Susquehanna

(Updated - June 10, 2024 7:07 AM EDT)

Susquehanna analyst Christopher Rolland raised the price target on NVIDIA (NASDAQ: NVDA) to $1,450.00 (from $1,200.00) while maintaining a Positive rating.

The analyst commented: "Our $1,450 price target is based on a P/E multiple of ~46.5x our... More

Barclays updates NVIDIA (NVDA) target and EPS after stock split

"Barclays updated its price target and EPS for NVIDIA (NASDAQ: NVDA) to adjust for the company's 10-1 stock split in a note Monday.

The 10-1 stock split that went into effect this past Friday at market close.

In addition, Barclays revised up its CY25/FY26... More

Nvidia is 'generational opportunity', could grow to become 10-15% of S&P 500

Nvidia (NASDAQ: NVDA) is a generational opportunity that could grow to become 10-15% of the S&P 500 index, Evercore ISI analysts said in a Sunday note.

According to the investment banking firm, Nvidia is not just a semiconductor company but an ecosystem play set to lead the age of parallel processing. driven by an every 15-20 year Tectonic Shift in Computing."

Analysts posit that Nvidia's current... More

NVIDIA (NVDA) PT Lowered to $140 at Cantor Fitzgerald, 'remains our TOP PICK in semis'

Cantor Fitzgerald analyst C.J. Muse lowered the price target on NVIDIA (NASDAQ: NVDA) to $140.00 (from $1,400.00) while maintaining a Overweight rating.

The analyst comments "NVDA announced a 10-for-1 stock split last Q which officially took effect Friday post close. As such, we... More

Goldman Sachs: Stock splits are near-term positive for shares

Goldman Sachs analysts noted on Friday that stock splits are a near-term positive for shares, highlighting the recent example of Nvidia's (NASDAQ: NVDA) 10-for-1 split announcement.

Based on 45 stock splits within the Russell 1000 since 2019, stock prices typically climbed 4% in the week following the announcement but prices did not evidence a clear reaction in subsequent weeks or around the... More

NVIDIA (NVDA) PT Lowered to $145 at Barclays

(Updated - June 10, 2024 6:16 AM EDT)

Barclays analyst Blayne Curtis lowered the price target on NVIDIA (NASDAQ: NVDA) to $145.00 (from $1,200.00) while maintaining a Overweight rating.

The analyst comments "Following the 10-1 stock split that went into effect this past Friday at... More

Active options: GME NVDA TSLA AMC AAPL AMD AMZN MARA PLTR

Active options: GME NVDA TSLA AMC AAPL AMD AMZN MARA PLTR

NVIDIA (NVDA) option implied volatility into stock split

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 68 into stock split.

UBS shares 5 lessons from the market's 7-month rally

In a Wednesday note to clients, UBS analysts reflected on the stock markets performance over the past seven months, identifying key lessons that investors can learn from this period.

Specifically, the bank highlighted five key takeaways from their analysis.

1) 'Market's AdvanceStarted with Multiples, Followed by EPS: UBS notes that the market rally experienced two distinct phases. Initially, the advance was driven predominantly by multiples. In late 2023, 14.4% of the market's 15.8% advance was attributed to multiples.

However, year-to-date... More

Active options: GME NVDA TSLA AMC AAPL AMD AMZN MARA PLTR

Active options: GME NVDA TSLA AMC AAPL AMD AMZN MARA PLTR

NVIDIA (NVDA) June weekly (14) option IV elevated into stock split

NVIDIA (NASDAQ: NVDA) June weekly (7) call option implied volatility is at 74, June weekly (14) is at 59, June is at 52; compared to its 52-week range of 32 to 68 into stock split.

Midday movers: GameStop, DocuSign fall; Lyft, Geron rise

(Updated - June 7, 2024 11:18 AM EDT)

Investing.com -- U.S. stock futures were choppy Friday after data from the Labor Department showed stronger than expected job growth in May, reducing the likelihood the Fed will begin lowering interest rates in September.

Here are some of the biggest U.S. stock movers today:

GameStop (NYSE: GME) slumped 20% after the video... More

NVIDIA (NVDA) June weekly IV above 60 into stock split

NVIDIA (NASDAQ: NVDA) June weekly (7) call option implied volatility is at 64, June is at 52; compared to its 52-week range of 32 to 68 into stock split.

NVIDIA (NVDA) 30-day option implied volatility into stock split

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 68 into stock split.

Active options: NVDA TSLA GME AMD PLTR AMC AAPL HOOD AMZN

Active options: NVDA TSLA GME AMD PLTR AMC AAPL HOOD AMZN

Nvidia stock rally 'likely to result in a swift reversal over coming weeks'

AI darling Nvidia (NASDAQ: NVDA) continues to dominate the stock market, driving broader indices with its extraordinary volume. However, according to BTIG, the hype surrounding the chipmakers stock has reached extreme levels, especially following the company's announcement of a stock split on June 7.

Per BTIG,... More

Nonfarm payrolls, Nvidia, GameStop - what's moving markets

Investing.com -- The monthly payrolls report is the highlight of the day's activity, as investors look for more clues as to when the Federal Reserve will start cutting interest rates. Nvidia remains in the spotlight, although short positions in the AI giant are rising, while volatility in meme stock GameStop is set to continue.    . 

The days highlight will be the closely watched U.S. nonfarm payrolls report, which could provide clues on the timing of Federal Reserve interest rate cuts.

TSMC’s sales jumped 30% in May as AI boom marches on, shares up

Taiwan Semiconductor Manufacturing (NYSE: TSM) reported a 30% jump in May sales to NT$229.6 billion ($7.1 billion), driven by strong demand for AI and a rebound in some consumer electronics sectors.

The companys US-listed shares rose 1% in premarket trading Friday.

The worlds largest... More

Nvidia short bets at $34 bln after it overtakes Apple in valuation- S3 Partners

Investing.com-- Short positions on NVIDIA Corporation (NASDAQ: NVDA) rose sharply this week after it overtook Apple Inc as the second-most valuable company on Wall Street, as persistent hype over artificial intelligence and an upcoming stock split boosted the stock.

Data from S3 Partners... More