Palantir, NVIDIA and other AI stars dim
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Nvidia's stock was falling 3.2% in recent trading, enough to push it below its 20-day moving average ($178.49) -- a short-term trend tracker -- for the first time since April 23. That snaps an 80-session streak above the 20-DMA,
When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.
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Futurism on MSNAI Industry Trembles as Nvidia's Stock Nosedives
Shares of AI chipmaker Nvidia plunged on Wednesday, dropping by over two percent in early trading. A major tech selloff caused major players in the AI industry to lose out big. Nvidia, in particular,
Should you Buy Or Fear Nvidia stock? For event-driven traders, historical trends might provide an advantage, whether by positioning prior to earnings or responding to post-release movements. That said,
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
The stock has gone on a parabolic run since hitting a 52-week low in April this year, and it seems primed for more upside following its upcoming earnings report.
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
If you haven't been investing in companies connected to the artificial intelligence trend, it's not too late to start.
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Palantir Stock vs. Nvidia Stock: Smart Billionaires Buy One and Sell The Other (Hint: It May Surprise You)
Hedge funds led by billionaires Israel Englander and Chris Rokos sold Nvidia and bought Palantir stock in the first quarter. Nvidia is the market leader in data center GPUs and generative AI networking gear, and the current stock price is reasonable.
Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel rise after days of declines.
While most of AI's power players have already reported, the ultimate industry bellwether, Nvidia (NASDAQ: NVDA), has yet to step up to the plate. The semiconductor giant is scheduled to announce results on Aug. 27, and expectations could not be higher.