Nvidia ( NVDA 3.10%) has been one of the hottest stocks on the market in recent years. Shares have advanced 840% since December 2022 amid tremendous demand for the company's graphics processing units (GPUs), chips that power essentially all of the most advanced artificial intelligence systems.
Wall Street Expects a 20% Gain This Year
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.
However, by the end of 2025, 24/7 Wall Street‘s forecast projects shares of NVIDIA to be trading for $137.50 based on a projected EPS of $2.75 and a price-to-earnings (P/E) ratio of 50 ...
Change is perhaps the only certainty on Wall Street. Due to factors such as innovation, competition, mergers and acquisitions, bankruptcies, and legal judgments, the puzzle pieces that make up the ...
Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining.
AI is changing what it takes to get a tech job on Wall Street. Recruiters told BI how candidates should adapt and what they need to do to stand out.
U.S. stock indexes were split as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies.
Quantum computing has suddenly become a buzzword on Wall Street. Ever since Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported that it hit a new milestone with Willow, its new quantum chip, quantum stocks have been soaring.
Investors were not impressed by Nvidia's quarterly performance and outlook even though it handily beat Wall Street's expectations thanks to the booming demand for its artificial intelligence (AI) chips.
Drops for Nvidia and other tech stocks are weighing on Wall Street Monday and keeping it in its weekslong rut. The S&P 500 was down 0.6% in midday trading, coming off its fourth losing week in the last five.
The technology companies nicknamed the "Magnificent Seven" have a combined value of $17.2 trillion, which represents one-third of the entire value of the S&P 500 (SNPINDEX: ^GSPC). Those stocks delivered an average return of 60% during 2024,