After its June meeting, the Federal Reserve Open Market Committee appears poised to raise interest rates to address the inflation instigated by the war with Iran and a stronger than expected economy.
» Read more about: Federal Reserve Shouldn't Raise Interest Rates »
NVIDIA Corp. (NASDAQ:NVDA) is a top AI stock on Wall Street’s radar. On July 6, Bank of America touted NVIDIA Corp (NASDAQ:NVDA) as one of the stocks poised for a rally after the recent reset. According to the research firm, the recent pullback aligns perfectly with historically weak seasonal patterns in the sector.
Getty Images/iStockphoto
With so many ways to invest $100,000 in today’s economy, simply locking it away in a savings account doesn’t seem like the best idea.
» Read more about: How much interest will a $100,000 3-month CD account earn by October? »
Your Social Security benefits show up reliably every month, and they increase a little each year through annual cost-of-living adjustments (COLAs). But it’s far from a perfect system.
Last month, a worrisome report revealed that the program’s financial troubles are worse than previously thought. Seniors everywhere could face tighter retirement budgets as early as six years from now.
» Read more about: A Big Social Security Update Happened Last Month, and It's Not Great News »
55.82K Followers
Hi, I’m Victor Dergunov, MBA, and I’ve been an active investor for over 20 years. My passion for investing started early,
» Read more about: Tesla: Why A Big Earnings Beat Is Likely »
Alibaba stock (NYSE: BABA) jumped about 11% on July 8 to nearly $109, its best single day in 10 months.
The pop followed a pre-earnings update showing its cash-losing delivery business improving and profits holding steady. Yet even as buyers rushed in, several big banks quietly trimmed their price targets.
» Read more about: Alibaba Stock Jumped 11%, Yet Wall Street Cut Its Price Targets »
The AI trade is getting its first real stress test since Wall Street discovered the bottleneck playbook. Chips are sliding, memory is cracking, and investors are already hunting for the next scarce part of the server rack.
Memory chips showed how fast that playbook can work,
» Read more about: Wall Street's next AI trade is smaller than a grain of rice: One Big Idea »
SemiAnalysis projects NVDA’s Data Center compute revenue at $203 billion for H2 FY2027, roughly 20% above Wall Street’s $169 billion consensus.
NVDA has posted 12 straight EPS beats and generated $48.5 billion in free cash flow last quarter, with analysts targeting $301.
Buying dips and selling rips has been the name of the game in the S&P 500 all summer.
Options action suggests that it can continue,
» Read more about: Action-starved traders look to small-cap stocks for the next big move »
NVDA surpassed $4.72 trillion in market cap after Q1 revenue hit $82 billion, up 85% year over year, the fastest milestone run in market history.
Jensen Huang called AI factories the largest infrastructure expansion in human history, with Q2 guidance set at $91 billion,
» Read more about: Nvidia’s $4 Trillion Run Is Rewriting the Rules of Tech Investing »
