Nvidia's (NASDAQ: NVDA) nearly $3 trillion valuation hinges on a critical assumption: The company's utter dominance in the artificial intelligence (AI) accelerator market is sustainable. Nvidia's market share has been estimated as high as 95%, and while competitors including AMD...
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:Throughout this earnings season, investors have been especially focused on Big Tech’s capital expenditures.This spending is seen as a...
On Wall Street, very few things are guaranteed. However, change is one of the few constants.Over multiple decades, it's commonplace for Wall Street's largest companies by market cap to be shuffled up and down the proverbial leaderboard. New innovations, mounting...
There's no getting around it: The advent of artificial intelligence (AI) early last year has been a boon to chipmaker Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) have long been the gold standard for video games, data centers,...
Another close presidential election could be on the way. It's not too soon for investors to begin thinking about where the best opportunities might lie, depending on which candidate is elected.I've already written about stocks I expect to perform well...
Richard Drew/Associated PressUS stocks plunged Friday after a weak July jobs report sparked investor panic.The Nasdaq closed in correction territory, and the VIX soared as much as 60% to hit its highest since March 2023.Odds of a 50-basis point rate...
Boeing (NYSE: BA) shares were down by more than 5% as of midday Friday. The move is impossible to look at in isolation, as the S&P 500 was down by 2% simultaneously. The reason for the latter is softer-than-expected jobs...
Bitcoin, Ethereum, Dogecoin Dump: 'We Should Be Back In Line By October,' Says ExpertCryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm.CryptocurrencyPriceGains +/-Bitcoin (CRYPTO: BTC)$62,672-1.1%Ethereum (CRYPTO: ETH)$3,013-3.8%Solana (CRYPTO: SOL)$151.3-6.8%Dogecoin (CRYPTO: DOGE)$0.1127-2.3%Shiba Inu (CRYPTO: SHIB)$0.00001485-2.2%Don’t Miss:Notable Statistics:IntoTheBlock data...
iStock; Rebecca Zisser/BIThe stock market was in shambles Friday, with all three major indexes declining sharply.Investors are digesting a series of weaker-than-expected data points and questioning the Fed.They're also grappling with disappointing earnings from megacap tech companies, headlined by Amazon.The...
Palantir (PLTR) is well-regarded as one of the most innovative SaaS and AI companies in the world at the moment. It is well structured, with diversification across government defense and commercial contracts, which provides a lot of room for growth....
