|Bid||258.100 x 1400|
|Ask||258.150 x 900|
|Day's Range||255.900 - 263.639|
|52 Week Range||157.370 - 269.200|
|PE Ratio (TTM)||42.83|
|Forward Dividend & Yield||0.60 (0.23%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
MARKET PULSE Wells Fargo analyst Aaron Rakers double-upgraded shares of Nvidia Corp. (nvda) to outperform from underperform on Wednesday, citing the company's opportunities in gaming, data centers, and autonomous driving.
Wells Fargo is extremely bullish on Nvidia, more than doubling the chipmaker's price target to $315 from $140. Kroger announced a partnership with Alibaba that will see the grocer operate in China, and outside of the U.S., for the first time. The three major U.S. are declining during Wednesday's session, with the Nasdaq declining for the third time in four days and the Dow Jones Industrial Average sliding more than 200 points out of the gate.
Wells Fargo Securities is getting really bullish ahead of graphics chipmaker NVIDIA Corp.’s ( NVDA) third-quarter earnings report Thursday raising its investment rating two notches and predicting shares can gain an additional 20%. Pointing to NVIDIA’s competitive position in gaming and growth opportunities including in the data center and artificial intelligence with self-driving cars, health care and robotics, Wells Fargo raised its rating to outperform from underperform and gave NVIDIA a price target of $315, up from its past target for shares to hit $140. In a research note to clients covered by CNBC, Wells Fargo analyst Aaron Rakers said the company is “well positioned to continue to leverage/expand its platform story." The analyst pointed to NVIDIA’s eighth-generation graphics architecture, dubbed Turning, which it rolled out earlier this week, as one point of optimism.
Applied Materials (AMAT) is witnessing the impact of the AI and big data era with strong growth in the cloud market. During its fiscal second-quarter earnings call, AMAT’s CEO, Gary Dickerson, stated that CSPs (cloud service providers) have significantly increased their capital investments. The top seven CSPs increased their capital spending by 40.0% YoY (year-over-year) in 2017 compared to 30.0% YoY in 2016.
In this final part of the series, we’ll analyze NXP Semiconductors (NXPI). We’ve already looked at Intel (INTC), Nvidia (NVDA), Qualcomm (QCOM), and Advanced Micro Devices (AMD).
Nvidia Corp. is expected to play to its core strengths rather than to visionary side hustles this earnings season as strong gaming and data-center sales overcome deficiencies in self-driving auto and cryptocurrency mining sales.
Macy's M – The retailer earned an adjusted 70 cents per share for the second quarter, topping estimates, with revenue also beating forecasts. Comparable sales posted an unexpected rise of 0.5 percent, compared to forecasts of a 0.
Advanced Micro Devices has not declared any dividends in the period we’re covering. Advanced Micro Devices’ revenue grew 46% to $3.4 billion in the first half of 2018. Its Computing and Graphics segment drove growth, followed by the Enterprise, Embedded, and Semi-Custom segment.
CEO Jensen Huang announced the firm's latest chip offering that will be based on the new Turing architecture. Interestingly, as wages have been rising ever so slowly, tax cuts have also had an impact not just on corporate America, but on the family as well.
There’s a lot of red on the screens this morning, and it just got to be a darker shade the second Chinese supercap Tencent (TCEHY is the ADR) came out with their numbers. And they weren’t good -- net income ...
Wells Fargo Securites raises its rating two notches to outperform from underperform for Nvidia shares, citing the strength of its artificial intelligence and cloud computing markets.
U.S. companies with significant exposure to crisis overseas have posted a weak financial quarter relative to the broader market, according to one team of analysts on the Street. Less than half of the companies in Goldman Sachs' emerging-market stock basket, which includes firms with sales in Brazil, Russia, India and China (or BRIC), posted positive earnings surprises in the most recent three-month period. "Fully 23 percent of the stocks in the basket missed consensus sales estimates by more than one standard deviation, nearly double the percent of negative surprises in the S&P 500," wrote Goldman's chief equity strategist, David Kostin.
U.S. stocks today ended solidly higher as the financial crisis in Turkey moved the back burner, at least for a day. IShares MSCI Turkey jumped 11% after two days of sharp losses.
See who joins Adobe, Alarm.com and Five Below on this stock screen based on the investing strategy of Berkshire Hathaway CEO Warren Buffett.
What does that do for our top trades? After a heroic run from $12 to $50, Huya (NYSE:HUYA) has had trouble gaining traction to the upside. Support gave way though, as HUYA fell 15% Tuesday after the company reported earnings.
Nvidia (NVDA) saw its stock price surge over 1.7% Tuesday after the chipmaker officially unveiled its much-anticipated, eighth-generation GPU architecture. Nvidia's new Turing line of graphics chips is the company's "most important innovation in computer graphics in more than a decade," according to CEO Jensen Huang. But the Turing GPUs won't help NVDA's Q2 financial results, so let's see if the stock is still worth buying ahead of Thursday's earnings release.
The stock market showed mixed action early Tuesday. Top stock Nvidia advanced on its new graphics chip.
Terms like buy range, extended and shakeout may sound foreign to new investors. But Nvidia helps teach how they translate into real terms in protecting an investor's capital.
is taking the long view with its new Turing GPU architecture. Some of the key hardware innovations that Nvidia is packing within Turing, which was officially unveiled on Monday at the SIGGRAPH industry conference, will do little or nothing to boost the performance of existing games. In addition to traditional streaming multiprocessors (SMs), Turing --- like Nvidia's Volta architecture, which powers some of the server and workstation GPUs it has launched since mid-2017 -- supports Tensor Cores, a type of processor core optimized for AI/deep learning tasks.