|Bid||51.66 x 900|
|Ask||51.67 x 3200|
|Day's Range||51.35 - 51.71|
|52 Week Range||42.36 - 57.60|
|Beta (3Y Monthly)||0.52|
|PE Ratio (TTM)||11.53|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.26 (2.48%)|
|1y Target Est||52.64|
Some interesting M&A is afoot in the world of hardware and software that'saiming to improve the quality of audio and video communications over digitalnetworks
Is Apple Fighting a Losing Battle in China?Apple’s first-quarter earningsAmerican tech giant Apple (AAPL) released its fiscal 2019 first-quarter earnings results on January 29. During the company’s first-quarter earnings conference call, its
Could Trump’s ‘China Trade Deal’ Tweet Please Investors?US investors On February 14, the United States Census Bureau released December’s retail sales data. Core retail sales fell 1.8% month-over-month, the worst drop since February 2009,
The startup was profiled in The Pitch in 2013 and developed a videoconferencing device and software it calls PanaCast, designed to replicate the panoramic vision of human sight.
For Nvidia (NASDAQ:NVDA) bulls, the last few months have been nothing short of horrific. Up until the beginning of October last year, shareholders had every reason to smile. At that time, Nvidia stock had gained 48% for 2018. This was a massive haul, considering that NVDA had already enjoyed consecutive years of outstanding performances. * 10 Hot Stocks Leading the Market's Blitz Higher But once the final quarter of 2018 began in earnest, the narrative fell apart. The tech firm posted deeply disappointing results for its third-quarter fiscal 2018 earnings report. Although the printed miss wasn't too terrible, disastrous Q4 guidance and excess channel inventory due to the cryptocurrency meltdown gutted NVDA stock.Obviously, the semiconductor firm -- which specializes in graphics processing units (GPUs) and a host of tech-heavy applications -- needed a big win for Q4. It delivered. Against a consensus earnings-per-share target of 75 cents, NVDA posted 80 cents, or a 7% positive surprise.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the real winner was found in the revenue department. The company brought in $2.21 billion, beating the Wall Street consensus by $10 million. Although a small percentage increase over the forecast, the sales haul demonstrated that NVDA is on the path to recovery. Following the report, Nvidia stock skyrocketed 8% in extended trading.This is exactly what embattled shareholders sought after months of painful disappointments. Just prior to the Q4 disclosure, NVDA stock was up over 18% for the year. Now, the bulls can add to the momentum, solidifying the comeback narrative.However, Nvidia stock also suffers from a credibility problem. For one thing, its competitors have fared better during the semiconductor storm. Principal rival Advanced Micro Devices (NASDAQ:AMD) has gained over 28% this year. And Intel (NASDAQ:INTC) didn't lose anything during the October market meltdown -- it's up over 11% year-to-date. Wall Street Is Overly Bearish on Nvidia StockDrilling into the details doesn't help ease investor concerns about NVDA stock. The gaming sector, which represents Nvidia's core identity, brought home $954 million in sales. At first glance, it appears an impressive number until you realize that consensus called for $1.21 billion.Another worrisome issue for Nvidia stock is the underlying company's data center business. Over the years, management has aggressively competed in this lucrative industry of tomorrow. But the Q4 revenue picture didn't justify that investment: against an $839 million consensus target, the tech firm fell way short at $679 million.These segments weren't the only misses. Its "Professional Visualization" department generated $293 million versus a $314 million forecast. More critically, its "Automotive" segment -- a potentially pivotal growth market -- generated $163 million, missing consensus by 10%.No investor, especially buy-and-hold types, should ignore these warning signs. But I think a temptation currently exists to conflate these shortfalls with Nvidia's supposed fundamental weaknesses. In reality, Nvidia stock probably hit what Argus analyst Jim Kelleher termed a "near-perfect storm."For instance, the video game industry broadly suffered steep declines, correlating with volatility in NVDA stock. Nevertheless, experts predict that the number of active worldwide PC gamers will increase by more than 3% annually over the next three years.Unlike most console gamers, PC gamers are extremely dedicated to their craft. They'll shell out big bucks for dedicated gaming rigs to create a seamless, latency-free experience. Therefore, we'll likely witness an increase in GPU sales, particularly for the premium brands in which Nvidia specializes.And while excess inventory remains challenging, the markets have priced Nvidia stock as if management will never find a solution. I don't think this is an accurate assessment. Moreover, if they resolve the issue, it clears the way for Nvidia's next-generation chips to flourish. Watch the Technical Risk to NVDA stockFundamentally, I view Nvidia stock as a long-term contrarian play. The tech industry typically operates in cycles. Once the bad news is priced in, we usually see a response to the upside.Further, none of the fundamental drivers for NVDA stock have disappeared. If anything, they're getting stronger. Aside from gaming, demand for driverless technologies has rapidly gained steam. While that department suffered a slip up, I can't imagine Nvidia will be down for long.However, NVDA does have a glaring technical risk. At its current setup, shares have formed a bearish pennant. Enthusiasm over its Q4 earnings result has temporarily broken this pattern's implications. But if future trading fails to drive average levels higher, watch out! We could see another jaw-dropping decline.My take? If you have a patient mindset, take a measured shot. The company has delivered a meaningful performance in Q4. Once the inventory issues have faded, Nvidia will enjoy its burst of second wind. * 7 Financial Stocks With Accelerating Growth Just make sure to keep the powder keg dry. We're still navigating choppy waters. Under these circumstances, no one can call a bottom with certainty.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Nvidia Stock Soars After Fourth Quarter, So Now What? appeared first on InvestorPlace.
Yann LeCun said that future chips used for training deep learning algorithms, which underpin most of the recent progress in artificial intelligence, would need to be able to manipulate data without having to break it up into multiple batches. Most existing computer chips, in order to handle the amount of data these machine learning systems need to learn, divide it into chunks and processes each batch in sequence. "We don’t want to leave any stone unturned, particularly if no one else is turning them over," he said in an interview ahead of the release Monday of a research paper he authored on the history and future of computer hardware designed to handle artificial intelligence.
Ahead of the next round of earnings from Intel, take a trip behind the label to discover how the PC giant got to where it is today.
Apple to Sell Only Older, Qualcomm-Powered iPhones in GermanyQualcomm-powered iPhones Qualcomm (QCOM) stock rose more than 1% on February 15, a day after Apple (AAPL) stated that it would sell only older iPhones powered by Qualcomm in Germany (EWG).
NVIDIA Had a Disappointing End to Fiscal 2019(Continued from Prior Part)NVIDIA’s fiscal 2020 first-quarter guidancePreviously, we discussed that NVIDIA (NVDA) stock rose despite weak earnings for the fourth quarter of fiscal 2019. Analysts and
Investors who own Advanced Micro Devices (NASDAQ:AMD) though, or are at least thinking about adding a position in AMD stock, would be wise to add the word 'hyperscale' to their lexicon. Hyperscale is the practice of efficiently going from a few servers up to thousands.While not a new premise, it's about to become a monumentally important one to the cloud computing world. Advanced Micro Devices is positioned to not only usher in that era, but help shape it.It will have to, in fact, if it wants to take more market share in the burgeoning market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks Leading the Market's Blitz Higher AMD Stock and HyperscalingSome tech-savvy people know of its enterprise-level wares, but by and large the majority of investors know and love AMD through their consumer-minded lens.That is, the company makes graphics cards and computer processors that video gamers love, and the cryptocurrency boom was wildly beneficial for AMD stock, even if it was a short-lived boon.There's a whole side of Advanced Micro Devices, however, that most investors at least somewhat look past, unsure of what exactly it is.Big mistake. It's this other side that will actually drive AMD stock higher or lower, in the long run.That other side of the company's business is data center solutions. Last quarter, this segment saw more than 8% revenue growth, reaching a total of $939 million, or roughly two-thirds of total sales. Though not all of this arm is necessarily data center-driven, a huge chunk of it is.The next evolution in the arena? The normalization of so-called hyperscale data centers. Advanced Micro Devices is moving into a good position.There's no hard-and-fast definition for 'hyperscale,' though most industry experts would describe it as the ability to quickly and easily scale-up the capacity of a data center, using low-cost components that make that scale-up economical.Where virtualization of hardware is possible, that's often the preferred course. Data center operators love its low cost and flexibility, which have become critical within the fast-moving and ever-changing arena.It's a sweet spot for Advanced Micro Devices' Epyc chip, a processor built from the ground up to effectively work in a hyperscale cloud computing environment even before the idea has fully gelled. Epyc Ideal for HyperscalingThe company's first Epyc microprocessor, a CPU designed with server networks and data systems in mind was released in mid-2017.The rival Xeon series from Intel (NASDAQ:INTC) was getting a bit long in the tooth at the time, and the marketplace was ready for an upgrade. The early editions of the Epyc CPU were reasonably well received.Its early success, however, was only a prelude to what was in store.That success would be tough to measure given the data so far. Near the end of last year is was estimated that AMD only controlled 2% of the server chip market. The rest of it remained hogged by Intel.That 2%, however, is up from 0% a year and a half earlier, and stolen from the king of data center hardware in a market where customers are slow to make purchasing decisions, and slow to switch providers.The company, to the delight of AMD stock owners, is talking about capturing 5% of that market in the foreseeable future.The upcoming launch of the 'Rome' version of its Epyc chip (tech companies assign code names to everything, though they're rarely a secret) may well get Advanced Micro Devices over that hump.It will fit and work in the same boards that used earlier versions of the processor, but will introduce the oft-discussed 7 nanometer leap and up to 64 cores to the mix.In plain English, it will arguably be the most powerful data center chip on the market, and at a very low-cost in terms of cost-per-capacity.It's also the chip that could finally convince technology companies hyperscaling is worth the switching cost and effort. As Patrick Moorhead, principal at Moor Insights & Strategy, recently explained of Rome:"What makes it so attractive is that it's not just AMD selling something for less. It's that a single socket server with all of the bandwidth and cores that are available will allow people to make smaller servers so you can have a higher density, and density is key particularly with the hyperscalers or even people in hosting."The soon-to-launch updated Epyc chip gives AMD an even more powerful weapon to wield in what will soon be an $80 billion market, up from $25 billion in 2017, now that corporate customers can see a clear cost-effective upside.Looking Ahead for AMD Stock There's still work to be done. Intel isn't sitting on its hands, and Nvidia (NASDAQ:NVDA) still dominates the GPU market where Advanced Micro Devices competes. AMD is also still conspicuously missing from the artificial intelligence arena, where Nvidia rules and Intel at least keeps Nvidia honest.Nevertheless, penetration of the data center market and the hyperscaling sliver of that market in particular is not only very possible for Advanced Micro Devices, it's very likely. GPUs, as well as AMD has carved out a small but loyal following, aren't going to be a key growth driver.Bottom line? Investors in AMD stock should take note of Epyc's growing role in the young hyperscaling market, even though it's unclear what that landscape will actually look like a year from now.It's a development that's still not been given due attention.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post AMD Stock Will Benefit Even More with the Rise of Cloud Computing appeared first on InvestorPlace.
NVIDIA Had a Disappointing End to Fiscal 2019NVIDIA stock rose 9% On February 14, NVIDIA (NVDA) stock rose as high as 9% in the after-hours session. The company expects strong growth in the second half of 2019. NVIDIA’s outlook was in line
U.S. stock futures are flat this morning but well off the overnight dips. In early morning trading, the futures on the Dow Jones Industrial Average are up 0.38% and S&P 500 futures are higher by 0.41%. Nasdaq-100 futures have added 0.49%.In the options pits, call buyers were still the busier bunch on Thursday, but the markets had a tizzy brought by the weakest retail sales report since 2009. We also had news that things are not going well with the China tariff deal. Now we are in a stalemate while we await the next meeting or headline. Wall Street is waiting for confirmation before they eliminate the risks from those fronts. The action was more cautious than Wednesday. We saw the options balance shift slightly more bearish, with only 18.1 million calls and 16.3 million puts during the session.However, there is still overall caution among many skeptics of this rally. The CBOE single-session equity put/call volume ratio inched up to 0.6. This is now almost at the 10-day moving average of 0.61.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough options activity was cautious on Thursday, there were a few standouts in options trading. Bristol-Myers Squibb (NYSE:BMY), Activision Blizzard (NASDAQ:ATVI) and Intel (NASDAQ:INTC) had unusual levels of options activity or an unusual mix. This typical is a precursor to sizable stock moves.Let's take a closer look: Bristol-Myers (BMY)BMY stock has seen better days. Last year started well for it, but after topping out in the middle of February, it went into a 35% correction from top to bottom. 2019 started even worse when the stock fell to a new low of $44.30 on Jan. 3 when they announced the Celgene (NASDAQ:CELG) buyout. * 10 Hot Stocks Leading the Market's Blitz Higher Since then, Bristol Meyers stock has rallied and now showing some appetite to continue even further. Options traders on Thursday traded 214% of its daily average. They were still split almost evenly between calls and puts but it does show their interest in it.This is an indication that there should be a move -- most likely the continuation of the current trend. Buying calls is a cheap way to bet on the upside. Conversely, buying puts is a cheap way to buy temporary protection while remaining long the stock. Here they are both active, so investors are still engaged.If the bulls can breakout through $51.50 area then they would have the opportunity to retest $52.90. If that happens, it would offer yet another upside breakout line. So what is happening here is that investors are using options to ride out this mini rally so they can get to bigger rewards above.This is a quality, healthy company whose stock is temporarily broken … but the company is not. The market eventually will fix this so that the trend reflects the actual company prospects. Activision Blizzard (ATVI)The worst may be over for Activision stock, at least for now. This stock, along with many in the sector, have been under severe pressure from major shifts in their customer trends. But it seems like ATVI is adjusting and managing their businesses to right the ship.I recently wrote an article on how to trade the short-term ATVI. In it I noted the breakout potential from $44.30 to $45.60. This upside potential has almost filled as of yesterday but there still is potential upside even above it.The ATVI zone around the recent high of $46.58 per share will now serve as the next breakout potential to target $48 per share and fill the entire Feb. 5 gap. It will need the general market's help and it may take a few days to do it. Eventually, this creep higher will break the long-term descending trend line of lower highs and a much bigger breakout will ensue.This is a long way of saying that the Activision stock has probably bottomed and that it will have a chance at recovering all the way back to $56 per share. There are areas of resistance at several spots along the way, the most major of which are at $49.50, $51.6o and $$53 per share. Intel (INTC)Intel stock mounted a respectable 14% rally off the December lows. The day it went into the earnings event, INTC stock was on the verge of a secondary breakout line. Unfortunately, Wall Street did not like the earnings report headline and the stock sold off as much as 8% when it opened.But this was a fake-out bear trap because since then, the stock has risen 10%. Now it is once more at the verge of another chance at that breakout. The measured move from that would target $56 per share. There will be resistance at $53.20 and $54.70.Now that the gap is almost closed, I weigh the odds of it being the target of this ongoing rally against the idea that this is a mega breakout with $56 per share as the eventual target.I was a bit disappointed that they gave the interim CEO the job for good, especially after such a long search period. But since then, investors have accepted the decision so it's no longer an overhanging issue and my feeling don't matter to how I trade it.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best ETFs You Can Buy * 7 Reasons Stock Buybacks Should Be Illegal * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Compare Brokers The post Fridayas Vital Data: Bristol-Myers Squibb, Intel and Activision Blizzard appeared first on InvestorPlace.
The Overwatch League is kicking off its 2019 season Thursday with eight new teams from Asia, Europe and North America all vying for a larger prize this year.