NVIDIA (NVDA) PT Raised to $175 at Cantor Fitzgerald

Nvidia's valuation recovers to $3.1 trillion, looks to rise further

Shares in Nvidia (NASDAQ: NVDA) rose sharply on Tuesday, reclaiming the $3 trillion valuation following a spate of consecutive declines that cost the AI darling its title as the worlds most valuable public company.

NVDA closed 6.7% higher, propelling its market cap to $3.1... More

NVIDIA (NVDA) PT Raised to $150 at Citi

Citi analyst Atif Malik raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $126.00) while maintaining a Buy rating.

The analyst comments "We increase our above consensus CY25/26 EPS by 7%/13% to reflect growing 2025 build plan of GB200 for both NVL36/76 configurations... More

UBS: Equities should stay supported despite tech-led volatility

U.S. equity markets have experienced volatility in recent days, bouncing back on Tuesday after three consecutive sessions of declines.

The S&P 500 and the Nasdaq advanced 0.4% and 1.3% on the day, respectively, while AI darling Nvidia (NASDAQ: NVDA) jumped 6.8% following a nearly 15% drop from its peak... More

Citi: Further S&P 500 upside seen during 2H24

Citi analysts expect further upside for the S&P 500 during the second half of 2024, albeit at a slower pace compared to the first half of the year.

Analysts said Nvidia (NASDAQ: NVDA) and other Magnificent 7 companies have contributed a disproportionate share of S&P 500s gains this year. Despite ongoing recession concerns, they remain constructive on the fundamental setup for the second half.... More

Active options: NVDA TSLA AAPL AMD CCL AMZN GOOGL

Active options: NVDA TSLA AAPL AMD CCL AMZN GOOGL

Gimme Credit initiates coverage of Nvidia's 2030 bond issue with buy recommendation

On Thursday, corporate bond research firm Gimme Credit initiated coverage of NVIDIA's (NASDAQ: NVDA) 2030 corporate bond issue with a buy recommendation, highlighting the company's strong performance driven by its significant role in the artificial intelligence (AI) market.

The firm noted that Nvidia, known for its dominance in the GPU market, boasts a market share exceeding 85% and has seen its revenue more than triple in the fiscal first quarter... More

Active options: NVDA AAPL TSLA AMD CCL BMBL PTEN AMZN GOOGL WMT DJT

Active options: NVDA AAPL TSLA AMD CCL BMBL PTEN AMZN GOOGL WMT DJT

UBS' survey of AI enterprise executives is 'very positive' for Microsoft

In December 2023, UBS researchers published a report on enterprise AI spending intentions, surveying IT executives at approximately 130 organizations regarding their AI plans across various layers, including chip, model, cloud infrastructure, data, security, and application software.

After more than six months, UBS is now presenting updated enterprise feedback, focusing on the incremental changes from November 2023 to May 2024.

In terms of individual companies, the surveys results showed a very positive... More

Nvidia short sellers make $5 billion from three-day selloff, data shows

(Reuters) - Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies.

The stock has slumped 13% and lost $430 billion in market capitalization since June 18, when it briefly became... More

Midday movers: Nvidia, Carnival Rise; SolarEdge, Pool fall

(Updated - June 25, 2024 11:41 AM EDT)

Investing.com -- U.S. stock futures rose Tuesday, with the tech stocks bouncing after the previous session's sharp losses.

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

Nvidia (NASDAQ: NVDA) stock rose 5.5%, bouncing after the chipmaker slumped almost 7% during the last session, moving its market cap back above the $3 trillion threshold.

SolarEdge (NASDAQ:... More

Nvidia up 3% in premarket, set to reclaim $3 trillion valuation

Nvidia (NASDAQ: NVDA) stock fell more than 6.6% on Monday, pushing the AI darlings valuation back below the $3 trillion mark.

However, NVDA is set to claw back some of the lost ground Tuesday, rising more than 3% in premarket. Should it hold onto... More

European stocks mostly weaken; sentiment hit by tech-led weakness on Wall Street

Investing.com - European stock markets mostly weakened Tuesday, with sentiment hit by the overnight selloff of influential Big Tech stocks on Wall Street.

At 03:10 ET (07:10 GMT), the DAX index in Germany traded 1.1% lower, the CAC 40 in France fell 0.7%, while the FTSE 100 in the U.K. climbed 0.1%.

Investors confidence has been hit Tuesday after the sharp losses to the Big Tech sector on Wall Street overnight, with the Nasdaq Composite index closing almost 200 points, or 1,1%... More

Nvidia dips amid drop in chipmaking stocks, Bitcoin choppy - what's moving markets

Investing.com -- U.S. stock futures are muted following a drop in AI-exposed chipmaking stocks in the prior session. Shares in Nvidia (NASDAQ: NVDA) slipped in particular, extending a decline in the maker of artificial intelligence-optimized processors into a third straight day. Elsewhere, meme-stock investor Roaring Kitty's stake in GameStop (NYSE: GME) falls into the red, according to the Financial Times, while the price of Bitcoin dips in volatile trading.

1. Futures muted

U.S. stock futures hovered close to the flatline on Tuesday... More

NVIDIA (NVDA) options active on 6.7M contracts

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 55; compared to its 52-week range of 32 to 68 as share price down. Option volume active on 6.7M contracts

DigiAsia (FAAS) Advances into AI Solutions for Financial Services, Telecom, and Government Sectors with NVIDIA GPU Allocation

Digi Tech Limited, the UAE based subsidiary of DIGIASIA Corp. (NASDAQ: FAAS) (DIGIASIA or the Company), a leading Fintech as a Service (FaaS) ecosystem provider, has secured allocation of an initial tranche of 5,120 NVIDIA H200 GPUs (NASDAQ: NVDA). The access to NVIDIAs GPUs will propel DIGIASIAs development of cutting-edge AI solutions for enterprise customers in fintech, telecom, and government sectors. The first iteration of these NVIDIA-powered solutions is expected to be deployed by the fourth quarter of 2024. DIGIASIA will base operations for its AI initiatives out of the Dubai International... More

NVIDIA (NVDA) options active on 6M contracts, with a focus on September 105 calls as share price down 5%

NVIDIA (NASDAQ: NVDA) 30-day option implied volatility is at 55; compared to its 52-week range of 32 to 68 as share price down 5%. Option volume active on 6M contracts compared to 90 day average of 1.5M with a focus on in the money September 105 calls.

Active options: NVDA TSLA AAPL AMZN AMD GME META PLTR DJT SMCI MU

Active options: NVDA TSLA AAPL AMZN AMD GME META PLTR DJT SMCI MU

Jefferies sees upside in Nvidia, raises target

Jefferies analysts are bullish on Buy-rated NVIDIA (NASDAQ: NVDA), raising their price target to $150 per share from $135 in a note Monday.

This increase reflects positive takeaways from their recent Asia trip and upcoming meetings with key players in the AI space.

In a recent note, Jefferies acknowledges mixed performance within the AI sector. While Nvidia... More

NVIDIA (NVDA) PT Raised to $150 at Jefferies

Jefferies analyst Blayne Curtis raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $135.00) while maintaining a Buy rating.

The analyst said: "Performance in the past month has been mixed in the AI basket, with AVGO joining NVDAs outperformance but more... More

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

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

'From value to growth stock:' BofA hikes Broadcom price target

Bank of America analysts raised their price target on Broadcom (NASDAQ: AVGO) shares from $2,000 to $2,150, citing its transformation to growth from a value stock driven by growing AI and VMWare contributions.

Historically, AVGOs traditional semiconductor and software segments grew at a normalized pace of 5% to... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Markets brace for Micron earnings

The S&P 500 dipped on Friday as shares of market darling Nvidia (NASDAQ: NVDA) fell for the second consecutive day. The broad market index declined by 0.16%, closing at 5,464.62, while the Nasdaq Composite dropped 0.18% to 17,689.36. The Dow Jones Industrial Average inched up 15.57 points, or 0.04%, to end at 39,150.33.

Nvidia shares fell 3.2%, following a drop of over 3% on Thursday after hitting an all-time high. Despite this, the chipmaker remains up 155% year-to-date and briefly surpassed Microsoft (NASDAQ: MSFT) as the most valuable public company earlier in the... More

S&P 500 is more overvalued than US credit or gold - survey

The S&P 500 is more overvalued than US credit or gold, according to the latest survey conducted among Bloomberg News readers. As much as 52% of respondents said they believe the S&P 500 is overpriced compared to these two assets.

Moreover, 49% of respondents said they see the next S&P 500 10% correction to start sometimes in 2024. Similarly, 55% said they expect to keep the same S&P 500 exposure over the next month.

On the median basis, the S&P 500 is seen closing the year at 5606, while the U.S. 10-year yield is expected to be at... More