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Bank of America Raises Nvidia Price Target, Says Shares Can Rise Nearly 40%

According to Bank of America, Nvidia could be poised for even more growth. Analyst Vivek Arya reiterated his Buy rating on the chip giant and increased his price target by $25 to $190. This represents an increase of approximately 38.8% compared to Thursday's closing price. That would add to the tremendous rally it has already […]

By Andrew Jack

October 18, 2024October 18, 2024

News

Nasdaq and S&P 500 futures rise as Netflix rises after an earnings beat

U.S. stock futures rose on Friday, with the technology sector leading the way, as investors welcomed Netflix's (NFLX) broader earnings beat in anticipation of its next earnings results. Futures on the tech-heavy Nasdaq 100 () rose about 0.4%, while futures on the S&P 500 () rose 0.2%. Dow Jones Industrial Average futures () were little […]

By Andrew Jack

October 18, 2024October 18, 2024

News

NFLX, ISRG, WDFC and more

Check out the companies making headlines in after-hours trading: Netflix – The streaming stock rose more than 4% after third-quarter earnings beat expectations. Netflix earned $5.40 per share on revenue of $9.83 billion, while analysts forecast $5.12 per share on revenue of $9.77 billion. The company also said its promotional memberships increased 35% compared to […]

By Andrew Jack

October 18, 2024October 18, 2024

News

Nvidia shares rise to new record, surpassing June high as AI trading revives

Nvidia co-founder and CEO Jensen Huang speaks during an event in Taipei, Taiwan, June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia shares rose to a new record on Thursday as investors jumped back into artificial intelligence trading, which had stalled somewhat since the summer. The stock rose more than 3% at one […]

By Andrew Jack

October 17, 2024October 17, 2024

News

Stock market today: live updates

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Stock futures were little changed in overnight trading on Sunday as investors waited to see whether the next major corporate earnings report could push the market to more records. Futures on […]

By Andrew Jack

October 14, 2024October 14, 2024

News

Keep quiet on Tesla after Cybercab's debut fails

After Wall Street balked at it TeslaCNBC's Jim Cramer urged investors not to make any changes to the stock on the highly anticipated Robotaxi unveiling. While he said he wouldn't recommend buying Tesla after Thursday night's event failed, Cramer advised against shorting the stock and said it was “dangerous to bet against” CEO Elon Musk. […]

By Andrew Jack

October 11, 2024October 11, 2024

News

According to Citi, Nvidia shares will remain flat for the rest of the year

Citi expects Nvidia's margins to bottom early next year as it will take time to fully ramp up the Blackwell platform. Analyst Atif Malik maintained his Buy rating on the artificial intelligence darling. He also maintained his $150 price target, suggesting the stock can rise 17.4%. This year, Nvidia is up almost 158%. “While we […]

By Andrew Jack

October 8, 2024October 8, 2024

News

Trump Media shareholder UAV sold almost 11 million shares

United Atlantic Ventures, a significant shareholder of Trump mediasold nearly 11 million shares of the company's stock, according to a regulatory filing on Thursday, weeks after a federal judge cleared the way for the transaction. The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — now owning […]

By Andrew Jack

September 27, 2024September 27, 2024

News

Super Micro shares fall 12% after the Justice Department reportedly launched an investigation into the company

Jaque Silva | SOPA images | Light rocket | Getty Images Super-microcomputer Shares fell more than 12% on Thursday after the Justice Department reportedly launched an investigation into the company, which has been one of the main beneficiaries of the artificial intelligence boom. The investigation is in its early stages, according to a Wall Street […]

By Andrew Jack

September 26, 2024September 26, 2024

News

Trump Media shares hit new low after DJT ban lifted

Sopa pictures | Lightrocket | Getty Images Shares of Trump media fell to its lowest price in over a year on Monday, days after majority owner Donald Trump and other company insiders received the green light to begin selling their shares in operator Truth Social. The stock, which is listed as DJT on the Nasdaqfell […]

By Andrew Jack

September 23, 2024September 23, 2024