The battle for AI supremacy isn’t just about innovation — it’s a clash of titans in the stock market. Nvidia Corp NVDA and Palantir Technologies Inc PLTR are two names synonymous with AI dominance, but which one deserves a spot in your portfolio? Let’s break down the numbers and signals analysts are sending. Nvidia, with…
Tesla Inc. TSLA CEO Elon Musk quipped on X that Microsoft Corp. MSFT co-founder Bill Gates could face bankruptcy if Tesla becomes “the world’s most valuable company by far,” escalating their long-running dispute over Gates’ short position in the electric vehicle maker. What Happened: The statement comes as Tesla’s market capitalization stands at $1.251 trillion,…
On Monday, major U.S. indices closed in the red, with the Dow Jones Industrial Average falling 0.5% to 44,401.93, the S&P 500 slipping nearly 0.6% to 6,052.85, and the tech-focused Nasdaq dropping 0.6% to 19,736.69. These are the top stocks that gained the attention of retail traders and investors throughout the day. Nvidia (NVDA) shares…
On Tuesday, Jeff Bezos’ Amazon.com, Inc. AMZN unveiled advanced AI chip clusters designed to enhance the performance of its partner, Anthropic. This development aims to challenge the current market leaders, Nvidia Corporation NVDA and ChatGPT-maker OpenAI. What Happened: During Amazon’s biggest re:Invent conference of the year, the tech giant deployed hundreds of thousands of its…
Despite widespread anticipation that NVIDIA Corp. NVDA‘s quarterly results would dictate Wall Street’s year-end trajectory, the stock market delivered a robust weekly rebound — even in the absence of its AI darling. While the semiconductor titan beat analyst expectations on both earnings and revenue for the third quarter, Nvidia’s stock remained flat for the week….
U.S. stocks could open on a negative note on Tuesday after the averages maintained a cautious stance last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. Economic data and Federal Reserve chair Jerome Powell’s comments about the future of rate cuts dampened the…
Investors and speculators are gearing up for Nvidia Corp.‘s NVDA earnings report on Wednesday, an event that’s expected to send ripples, if not tidal waves, across the U.S. stock market. If the options market is right, Nvidia’s results could spark moves in the S&P 500 index – as tracked by the SPDR S&P 500 ETF…
NVIDIA Corporation NVDA shares are trading higher Wednesday, rebounding from Tuesday’s sharp decline, as chip stocks across the board recover from heavy selling pressure. Here’s a look at what’s driving the movement. What To Know: Nvidia shares fell more than 4% on Tuesday alongside several chipmakers amid multiple developments. Nvidia is at the center of…
The current bull market has officially hit its two-year milestone, overcoming recession fears, elevated interest rates, and persistent skepticism. Since bottoming out on October 12, 2022, the S&P 500 has soared 63%, driven by a resilient economy and impressive corporate earnings. Gains have been further amplified by optimism around productivity and breakthroughs in artificial intelligence….
Meta Platforms, Inc. META has been the second best-performing Magnificent 7 stock this year after artificial intelligence stalwart Nvidia Corp. NVDA. The stock rally has nudged its co-founder and CEO, Mark Zuckerberg, to be higher on the list of the world’s wealthiest people. Zuckerberg Pips Past Bezos: Bloomberg’s updated billionaire list shows Zuckerberg rising in rank and becoming…