The race to become the first $4 trillion company is on. Artificial-intelligence heavyweights Microsoft and Nvidia continue to battle to be the world’s most valuable company by market capitalization, after surpassing the $3 trillion milestone last year. Twice this month, Microsoft unseated Nvidia as the most valuable company, but Nvidia regained its title Wednesday. On…
In a scathing critique, Wedbush Securities has sounded the alarm on President Donald Trump’s newly proposed global tariffs, labeling them a potential “economic Armageddon” for the U.S. tech sector. Analysts, spearheaded by managing director Dan Ives, argue that the fallout from these tariffs could dwarf the devastation of historic market collapses like the dot-com bust…
Wedbush is still bullish on Palantir Technologies Inc. (NASDAQ:PLTR), keeping its Outperform rating and $120 price target, despite recent market turbulence. Analysts are doubling down on Palantir’s position as a leader in the AI race, with its AI-driven products (AIP) playing a major role in its future growth. The company’s gross profit margin of 80.25%…
JD Vance walked out of a dinner with heads of state on Monday night when the Chinese vice-premier “started singing the praises of trade and the UN”, according to a reporter in the room. Dominique Seux, the only French journalist present at the dinner at Paris’s Elysée palace on Monday night, said the US vice-president,…
STORY: Wall Street’s main indexes closed higher on Wednesday as investors brushed off disappointing earnings from Alphabet and weighed the prospect of future interest rate cuts from the Federal Reserve. The Dow gained about seven-tenths of a percent, the S&P 500 added about four-tenths and the Nasdaq ticked up roughly two-tenths of a percent. Google-parent…
Wedbush analyst Daniel Ives raised his Palantir Technologies (NASDAQ:PLTR) price target to $120 from $90, maintaining a Buy rating. Ives, who called Palantir the “Messi of AI”, sees the company reaching a $1 trillion market cap within five years, driven by its AI platform. The new target reflects more than a 14% upside from current…
The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late. California tech investors have usually kept their involvement in politics low key, generally supporting centrist politicians who don’t get in the way of their…
We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other semiconductor stocks. More than two years have passed since the proliferation of the disruptive Artificial Intelligence (AI) megatrend, symbolically marked…
We recently published a list of Top 10 Trending AI Stocks to Watch in November. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other trending AI stocks to watch in November. Amid soaring valuations of AI stocks, beginner investors keep wondering whether they are too late…
(Reuters) – U.S. semiconductor stocks fell on Tuesday after chip equipment maker ASML cut its annual sales forecast and a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries. AI chip giant Nvidia fell 4.4%, retreating from a record high hit in the previous session that had…