Wall St Week Ahead Investors zero in on NVIDIA results
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Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts could be coming.
CoreWeave projects full-year revenue growth of 174% this year, as it is proving to be one of the fastest-growing AI stocks to buy right now. For investors, it could possess a lot of upsides, as it benefits from strong demand for Nvidia's chips and the ongoing need for greater computing capabilities as a result of AI.
Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?
NVIDIA Corporation (NASDAQ:NVDA) is one of the Must-Watch AI Stocks for Investors. On August 19, TD Cowen analyst Joshua Buchalter raised the price target on the stock to $235.00 (from $175.00)
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
Nvidia stock is currently set to record its first two-week losing streak since April amid fears of an AI bubble.
Nvidia's stock was falling 3.2% in recent trading, enough to push it below its 20-day moving average ($178.49) -- a short-term trend tracker -- for the first time since April 23. That snaps an 80-session streak above the 20-DMA,