Market Analysis
US Restricts AI Chip Exports to Middle East, AMD and NVDA Affected
The U.S. government has restricted AMD and Nvidia from exporting advanced AI chips to several Middle Eastern countries.
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AI stocks
Market Analysis
Nvidia Unveils New Chip Architecture, Analyst Forecasts $10 Trillion Valuation By 2030
With a current market cap of $2.7 trillion, one analyst predicts Nvidia's valuation could surge to $10 trillion by 2030.
Market Analysis
Salesforce Guidance Falls Short of Expectations, Stock Plummets
Salesforce's Q1 FY25 revenue of $9.13 billion missed analysts' expectations, and the company's stock plummeted 18% following the earnings announcement.
Market Analysis
AI Arms Race: China’s $47 Billion Semiconductor Fund, Musk’s xAI Secures Funding
China has raised an astonishing $48 billion for its national semiconductor fund, while Elon Musk's AI startup, xAI, secured $6 billion in a new funding round.
Market Analysis
Three Reasons Why Nvidia’s Stock Price Has Seemingly No Upper Ceiling for Now
Three sources of Nvidia's massive boon complement each other.
Market Analysis
Micron Technology Stock Gains in Premarket After Samsung’s HBM Chips Fail
According to recent new reports, Samsung's HBM chips failed Nvidia's tests. The company's South Korea-listed shares dropped over 3% at market close.
Best Stocks
5 Stocks Orbiting Nvidia’s Earnings Report Today
Becoming a pseudo-market benchmark, Nvidia's earnings are now major investor events.
Market Analysis
MS Upgrades Micron Technology Stock, Raises PT to $130
Morgan Stanley upgraded MU to "Equalweight," and raised its price target to $130, citing HBM influence and improving market conditions.
Market Analysis
Nvidia to Report Earnings Next Week, What to Expect
Nvidia is set to release its fiscal first-quarter 2025 earnings report on Wednesday, May 22, 2024.
Market Analysis
Reddit (RDDT) Stock Surges After Partnership with OpenAI Announced
Reddit's OpenAI partnership deal, granting access to its content for AI training, sparked a surge in Reddit's stock price.
International
TSM Stock Gains After Firm Reports 60% Increase in Y/Y Revenue
TSM stock soars amid strong earnings and revenue growth. Robust demand for advanced semiconductors drives performance.
Market Analysis
Palantir Stock Plunges After Revised Guidance Falls Short of Forecasts
Palantir's Q1 revenue grew 21% YoY, but its full-year guidance disappointed investors, causing the stock to fall over 14%.
Market Analysis
Apple to Report Earnings After Market Close, What to Expect
Apple will report Q2 earnings today; analysts expect lower revenue and EPS.