|Bid||159.06 x 900|
|Ask||159.10 x 800|
|Day's Range||156.09 - 161.72|
|52 Week Range||124.46 - 292.76|
|Beta (3Y Monthly)||2.50|
|PE Ratio (TTM)||30.05|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||0.64 (0.42%)|
|1y Target Est||181.69|
American steel importers asked the highest court in the land to review a March ruling from the U.S. Court of International Trade that upheld the constitutionality of Trump imposing a 25% tariff on imported steel and a 10% duty on imported aluminum. Yahoo Finance's Zack Guzman & Heidi Chung, along with Payne Capital Management Senior Wealth Adviser Michelle McKinnon discuss.
U.S. stocks pared some of the gains Wednesday afternoon, but were off the session’s best levels that had been driven by buying in semiconductor shares after Micron Technologies’s late-Tuesday quarterly results.
Last year, when the Federal Reserve was raising rates even as financial markets signaled that rate cuts would jeopardize economic activity, President Donald Trump tweeted in December that the Fed didn't “have a feel for the Market.”
Micron had a big beat today as tech and the semiconductors take off after a small pounding yesterday. If the Trade Wars were not in full bloom, Invesco QQQ Trust would be closer to an all-time high and VanEck Vectors Semiconductor ETF with it.
Nvidia shares (ticker: NVDA) are up about 19% this year, roughly matching the Nasdaq Composite, which has risen nearly 20%. Last month, Nvidia cited low visibility in the data center market as it withdrew the full-year guidance it had given just a few months earlier. On Wednesday, Bernstein analyst Stacy Rasgon reaffirmed his Market Perform rating for Nvidia stock, citing the risk to earnings estimates for the chip maker.
DEEP DIVE Semiconductor stocks were on fire Wednesday after Micron Technology CEO Sanjay Mehrotra offered encouraging words that helped the sector. During an earnings conference call after the market close Tuesday, Mehrotra said the company had resumed some shipments to Huawei after a full analysis of U.
The G20 Summit is scheduled for June 28–29 and will be held in Osaka, Japan. While the summit always attracts attention, it will be closely watched this year in particular due to the meeting between US President Donald Trump and Chinese President Xi Jinping.
Investing.com – Micron’s better-than-expected results and news that the chipmaker had resumed shipments to Chinese telecommunications-equipment maker Huawei stoked expectations that memory demand is returning, sending chip stocks soaring higher Wednesday.
Israeli startup NeuroBlade said on Wednesday it has completed a $23 million early funding round, led by Marius Nacht, co-founder of Check Point Software Technologies, with the participation of new investor Intel Capital. Existing investors StageOne Ventures and Grove Ventures, headed by USB flash drive inventor Dov Moran, also participated.
Bernstein analyst Stacy Rasgon wrote Wednesday that while investors may see Nvidia Corp. shares as attractively valued given that they are off about 50% from their 52-week high, he is "growing nervous" on the stock. "Given recent events, Nvidia's stock for now likely depends on hope for cyclical datacenter recovery," he wrote. "This is fine as it is, but appears well incorporated into numbers already (with consensus modeling a substantial datacenter snapback as early as FQ3 to levels well above the prior peak, which itself now appears clearly inflated) into an environment that may still not be hugely supportive." Rasgon maintained a market-perform rating on the stock, writing that he recommends investors "tread somewhat lightly." The stock is still up 2.8% in premarket trading after Micron Technology Inc.'s earnings report helped lift chip shares more broadly. Nvidia shares have fallen 37% over the past 12 months, as the S&P 500 has gained 7.2%.
Semiconductor maker stocks were broadly higher in premarket trading Wednesday, fueled by Micron Technology Inc.'s better-than-expected earnings and upbeat outlook, and after memory chip maker said it resumed some shipments to China's Huawei Technologies Co. The VanEck Vectors Semiconductor ETF rallied 2.4%, as all 22 of the 25 components that have traded ahead of the open gained ground. Micron's stock shot up 8.9% to pace the gainers. Among other more-active stocks, Advanced Micro Devices Inc. rallied 3.4%, Nvidia Corp. rose 2.3%, Intel Corp. advanced 1.6%, STMicroelectronics N.V. hiked up 4.8% and Qualcomm Inc. tacked on 1.3%. Micron's stock had lost 19% over the past three months through Tuesday, while the chip ETF has lost 0.8% and the S&P 500 has gained 3.5%.
Chipmaker Nvidia is at the forefront of AI and machine learning, but earnings and share prices have dived. Here is what fundamental and technical analysis say about buying Nvidia stock now.
Wall Street today is underpinned by automation, and it’s been this way for decades. Trading and automation are intimately linked, to an extent many people don’t realize. For example, the NASDAQ utilizes Automated Pit Trading (APT), removing the market floor cry system of decades past. For most ordinary traders, though, automation isn’t even on their […]
Susquehanna Financial Group lowered its price target on Nvidia shares citing increased competition over the coming year.
Last week, the S&P 500 (SPY) rose to a record high. Last week, Trump tweeted, “Since Election Day 2016, Stocks up almost 50%, Stocks gained 9.2 Trillion Dollars in value, and more than 5,000,000 new jobs added to the Economy.”
According to an unpublished Federal Register notice, the United States has added Wuxi Jiangnan Institute of Computing Technology, Sugon, and Sugon's three affiliates to the “Entity List.” The Entity List is a list of companies that US firms cannot sell technology to without government approval.
There's no denying it. Intel (NASDAQ:INTC) got lazy, and owners of Intel stock paid the price for it. Rival Advanced Micro Devices (NASDAQ:AMD), largely left for dead, wasn't dead at all. It was just regrouping. Since 2016 its new chip technologies have thoroughly embarrassed Intel with impressive performance gains at incredible value.AMD shares also shamed INTC stock, nearly doubling in price over the last 12 months, while Intel shares lost 4.5%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs yours truly suggested near the end of last month though, it would be unwise to count Intel out. It's got access to some of the best engineers and IP toolkits in the business, and backed into a proverbial corner, it's starting to leverage them the way it should have several years ago.In the meantime -- even as we wait for Intel's 10 nanometer processors -- the chip maker has pulled several levers, four of which could be game-changers. That is why INTC stock may bounce back sooner than many investors suspect. Price CutsIt's always been something of a dividing line. Though Intel's CPUs generally offered superior performance, it came at a premium price. Advanced Micro Devices chips also offered acceptable performance, but there's been no getting around the reality that AMD is the value-oriented provider in the business. * 6 Stocks Ready to Bounce on a Trade Deal Intel appears to have finally gotten the wake-up call, though. With the launch of AMD's next-generation 7nm Ryzen 3000 processors in view, Intel has cut prices on its 8th and 9th generation CPUs, which are the newest CPUs it currently offers. The 10% to 15% price cuts still don't quite match AMD's pricing-per-performance metric, but they're close enough to divert some interest back to Intel's wares. One-click OverclockingFor most PC and laptop users it won't mean a thing. But, for gamers and heavy-duty users that want to push their computers to their maximum physical limits, Intel has released a simple one-click overclocking tool that maximizes the performance of several latest-gen processors.The company is serious about making this a mainstream option, too. In the past, overclocking as an "at-your-own-risk" effort that usually voided all warranties. Now, for a nominal charge Intel is offering replacement insurance for CPUs that may be damaged by use of its performance maximization tool.It's ultimately a means of letting PC and laptop owners squeeze a little more performance out of their investment that AMD doesn't officially (yet?) facilitate. Integrated GPUsFor years now, the key to achieving gaming-caliber graphics was to separate computing duties on a motherboard. The central processing unit handles all the hardcore number crunching, but an entirely separate mini-computer called a graphics processing unit (or GPU) attached to the main board handled all the video work. Intel was more than happy, in fact, to punt that part of the computing business to AMD and Nvidia (NASDAQ:NVDA) and focus on CPUs.Hardware and software have finally caught up with ambitions though. At last week's Intel Software Technology Day held in London, Intel chief architect Raja Koduri revealed existing and future technologies that could support the heavy video demands of Triple-A games with so-called integrated graphics that circumvent the need for a separate graphics card. * 7 Value Stocks to Buy for the Second Half It's a development that could make even moderately priced laptop into respectable gaming rigs. Outperforming AMDFinally, it's not exactly a perfect of fair apples-to-apples comparison, but it makes a key point nonetheless. That is, Intel's soon-to-launch Core i7-1065G7 processor noticeably outperforms the AMD Ryzen 5 3500U processor.It should. It's certain to cost more, and the Ryzen in question is not the next-gen 7 nm Ryzen tech that's slated to be released next month. But, for computer enthusiasts that are trying to balance performance with price, there's enough of a disparity here to prompt second looks at Intel's newest option. Looking Ahead for Intel StockThey're all just stop-gaps and stepping stones to be sure. Intel won't be able to meaningfully push back on AMD until its 7 nanometer tech becomes commercially available in what looks like will be 2021.But, these are enough high-quality stop gaps to keep Intel stock moving forward at a point in time when neither Wall Street nor Main Street appear interested in seeing any of its upside potential. The current Intel stock price leaves it valued at an unusually low trailing P/E of 10.7 and an equally unusual forward-looking P/E of 10.5. That sets the stage for gains sooner than later, once the market recognizes the company isn't completely dead in the water here.As of this writing, James Brumley held no 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 * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post Intel Has Pulled 4 Interim Levers to Reclaim Lost Ground appeared first on InvestorPlace.
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Feinstein’s husband Richard C. Blum, the founder and head of Blum Capital, also bought up shares of biotech Allogene in May.
Among semiconductor firms, Nvidia (NASDAQ:NVDA) is easily one of the toughest names to call. After suffering devastating losses in 2018, NVDA stock gained significant traction this year. At one point, shares gained over 47% against the January opener. But a deteriorating relationship between the U.S. and China quickly eroded sentiment.Source: Shutterstock Currently, the Nvidia stock price is hanging around just above $154. At this level, shares are looking at a year-to-date profit of 18%. It's an okay performance but after tanking like it did last year, NVDA cannot settle for this mediocrity. However, with a rough market impacting the semiconductors, investors are naturally concerned about the next phase for the chipmaker.In addition, Nvidia stock faces serious competitive threats. While competitors like Intel (NASDAQ:INTC) have so far produced ho-hum returns, that's not the case for Advanced Micro Devices (NASDAQ:AMD). Sharply contrasting with Nvidia's volatile ride, AMD has more or less enjoyed an upwardly linear trajectory this year. At time of writing, AMD gained 67% YTD.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks Ready to Bounce on a Trade Deal It's not just trading sentiment that has driven the smaller rival skyward. At the world's largest computer conference Computex 2019, AMD introduced an array of products. This time around, though, the company wanted to prove a point. No longer satisfied with producing lower to mid-tier "value" chips, AMD went toe-to-toe with Intel over the premium-products sector.If you just look at the statistics, it appears AMD is winning.Moreover, AMD has something for NVDA as well. The former's gaming chips are aggressively infringing on Nvidia's territory. For instance, AMD secured a deal with Microsoft (NASDAQ:MSFT) to supply chips for the next-generation Xbox console.Is there any hope for the Nvidia stock price to stage a comeback? A Broader Scope Helps Insulate NVDA StockI think it's fair to say that semiconductors (and tech stocks generally) are emotional investments. Sure, fundamentals ultimately drive the markets. But sometimes, pockets of irrationality lever unusual influence on chipmakers.Right now, the Nvidia stock price is caught on the wrong end of this spectrum. We have a hungry rival in AMD -- which unquestionably attracts strong emotions -- seeking credibility at the alpha dogs' expense. Admittedly, they're doing a fine job of disrupting the CPU and GPU markets with their recent outsized chips.However, modern semiconductors can't just rely on producing products for PCs and gaming consoles. Based on the rapid changes in this digitalization economy, they have to think bigger. And few companies think as big as NVDA.That's the reason why Daimler's Mercedes-Benz teamed up with Nvidia to develop autonomous cars. In fact, the partnership extends much deeper. The German luxury automaker envisions a single system that carries both self-driving capabilities and smart functions within the cabin.Better yet, this deal isn't just a one-off benefit for Nvidia stock. Instead, the company is making a further push toward 21st century transportation. For instance, management recently inked a deal with Volvo. With this partnership, the two organizations are hoping to make autonomous trucking a reality.Specifically, Volvo will utilize Nvidia's artificial-intelligence platforms "for training, simulation, and in-vehicle computing." The goal here is to make driverless commercial trucks a practical and safe component of our transportation networks.This is two high-profile automotive deals within a half-year period. It begs the obvious question, why?Simply, over the last several years, NVDA stock has been much more than just an investment toward a fast GPU. Don't get me wrong; it's certainly that. But focusing only on this aspect misses the longer-term potential. Nvidia Stock May Lose Some Battles to Win the WarBecause NVDA is a much more complex animal than when it first started, the company can't win all its battles. That's why I don't think investors should be overly concerned about specific issues, such as Nvidia conceding ground to AMD over gaming-console chips.For one thing, Microsoft's announcement wasn't a surprise. Both Microsoft and Sony (NYSE:SNE) have had extensive relationships with AMD to supply their gaming chips. It's a lost opportunity for Nvidia, but nothing that would have me hitting the panic button.More importantly, I'd rather win the decisive battles. For instance, if autonomous vehicles become mainstream, Nvidia would have near-insurmountable dominance in this segment. Moreover, the autonomous industry -- unlike gaming -- has limited risk from Chinese competitors.I say this because underlining the trade war is both nations' desperation to gain a technological edge over the other. Winning in autonomous vehicles would lead to profound synergies, further expanding Nvidia's scope. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 On the other hand, winning in gaming? That's a commoditized battleground that anybody with enough money can achieve. NVDA, though, is playing the long game which necessarily involves sacrificing nearer-term pleasantries. Still, in this semiconductor discount, I'd rather have my money go where relevancy is more likely.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Forward-Thinking NVDA Is Likely Still the Best Chipmaker Deal appeared first on InvestorPlace.
The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval. The export restriction announcement adding the firms to what is effectively a trade blacklist is the latest effort by the Trump administration to restrict the ability of Chinese firms to gain access to U.S. technology amid an ongoing trade war. The department said it was adding Sugon, the Wuxi Jiangnan Institute of Computing Technology, Higon, Chengdu Haiguang Integrated Circuit and Chengdu Haiguang Microelectronics Technology - along with numerous aliases of the five entities - to the list over concerns about military applications of the supercomputers they are developing.
Chart Reading For Beginners: Using examples from Netflix, Nvidia and others, discover three telltale clues that help you see if it's time to buy, sell or hold your stocks.