Author: Anusuya Lahiri
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Microsoft, Google, Meta Pave Path to AI Expansion, Nvidia and Broadcom Set to Reap Benefits
in NewsThe quarterly performance of Nvidia Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), and Micron Technology, Inc (NASDAQ:MU) adequately reflects that the artificial intelligence wave is in no mood to slow down in the near term. Hyperscalers, including Microsoft Corp (NASDAQ:MSFT), Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.Com Inc (NASDAQ:AMZN) and Meta Platforms Inc (NASDAQ:META) remain aggressively invested…
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What’s Going On With AMD Stock Tuesday?
in NewsAdvanced Micro Devices, Inc (NASDAQ:AMD) doled discounts to spur demand for its Ryzen desktop processors, leading to lackluster reviews. The Nvidia Corp (NASDAQ:NVDA) rival launched its Ryzen 9 9900X and 9950X in mid-August, offering improved versions of their predecessors with lower power consumption and competitive pricing, Forbes reports. The new 9000-series CPUs with their Zen…
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Google Parent Alphabet Is A Top Large-Cap Pick For 2024 By This Analyst: Here’s Why
in IdeasNeedham analyst Laura Martin reiterated Alphabet Inc (NASDAQ:GOOGL) Google with a Buy and a $210 price target. GOOGL is Martin’s top large-cap stock pick for 2024, backed by a more robust macro backdrop, record political ad spending, data advantages, and Generative artificial intelligence integrations. The analyst highlighted Google’s compelling long-term position, backed by the company’s global…
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Nvidia’s Rebound Rally Adds Billions To Market Value, Analysts Eye AI Growth: Report
in NewsNvidia Corp (NASDAQ:NVDA) stock rebounded after weeks of volatility, making its valuation more attractive to the shareholders. The recent selloff brought Nvidia’s valuation down to attractive levels. The stock now trades at about 36 times forward earnings, compared to 44 times in June. Over the past four sessions, Nvidia’s shares have surged by 17%, adding…
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Amazon Challenges Netflix with Cheaper Ad Slots, Boosts Prime Video Ads: Report
in NewsAmazon.Com Inc’s (NASDAQ:AMZN) Prime Video is undercutting rival Netflix Inc (NASDAQ:NFLX) on advertising pricing as it battles for marketers’ attention. Amazon introduced advertising to its Prime Video platform five months ago and is going through its first “up front,” when television companies present their plans to advertisers to attract money for the next year, the…
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AI Chip Stocks Nvidia, AMD, Taiwan Semi Saw A Selloff This Week – What’s Going On?
in NewsTaiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares decline Friday despite reporting substantial second-quarter profits following a verbal attack from former President Donald Trump. Trump questioned the U.S. obligation to defend Taiwan, flagging the lack of a formal defense treaty between the U.S. and Taiwan, unlike with South Korea and Japan, the Financial Times reports.…