Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."
Amazon.com Inc. is expected to spend 60% more than previously announced on a massive data center project in Mississippi, underscoring the escalating costs for artificial intelligence infrastructure.
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings but the stock tumbles, and Boeing reports a fourth-quarter core loss of $5.
The event will also feature speakers from Munro & Associates, Hewlett Packard Enterprise and more. SANTA CLARA, CA / ACCESS Newswire /
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish.
We sold Nvidia in the first quarter and repurchased in the fourth quarter. Why did we sell and then add back? Click here to find out.
Nvidia is dropping more than 8% in pre-market as news of China's DeepSeek model performance trend in the media. Check out what investors need to know.
The Nvidia RTX 5090 and RTX 5080 release date has arrived, here is where you can pre order and buy the cards in the US, UK, and Canada.
The introduction of DeepSeek has caused a stock slump among major AI players, led by chipmaker Nvidia (NVDA) , since it could severely crimp demand for Nvidia’s pricey AI chips, which are crucial to its business.