Tag: NVDA
-
Nvidia estimates ‘may prove conservative’ as Microsoft, Google mentions of AI more than double
[ad_1] Microsoft Corp. and Alphabet Inc. mentioned “AI” so many times on their earnings conference calls that one bullish Nvidia Corp. analyst is beginning to think his above-consensus estimates may be too conservative. Jefferies analyst Mark Lipacis, who has a buy rating on Nvidia NVDA, -0.79%, noted that mentions of artificial intelligence on both Microsoft’s…
-
Nvidia is showing shades of Apple and its stock could hit $625, says one new bull
[ad_1] Nvidia Corp. continues to rack up bullish endorsements as analysts contemplate the vast opportunities ahead for the leader in artificial-intelligence chips. Nvidia NVDA, +0.70% “is the obvious flagship AI company, whose decisions over the last two decades have positioned it for long-term benefits,” wrote Melius Research analyst Ben Reitzes, who initiated coverage of the…
-
Some lesser-known AI plays are gaining steam with investors
[ad_1] Investors wanting to play the hot trend of artificial intelligence are looking beyond the most obvious names, according to data from Stocktwits, a social platform for investors and traders. While companies like Nvidia Corp. NVDA, -1.10%, Palantir Technologies Inc. PLTR, -2.03% and Microsoft Corp. MSFT, +0.75% have cemented themselves as AI players in the…
-
Dow heads for first gain in four days ahead of inflation data, earnings season
[ad_1] U.S. stocks traded higher Monday afternoon, ahead of crucial inflation data and the start of second-quarter earnings season this week, as traders searched for clues to gauge the Federal Reserve’s likely interest-rate path for the second half. How stocks are trading The Dow Jones Industrial Average DJIA, +0.52% advanced 191 points, or 0.6%, to…