Chipmaker Nvidia' s$NVDAmarket valueexceeded two trillion dollars during today's session (46.9 trillionThe company's stock growth is based on growing demand for its chips used in artificial intelligence (AI) computing. The company increased net profit by 769 percent in the fourth quarter, according to Wednesday's earnings report .
🚀 Technology boom! 🚀
TheS&P and Dowindices hit all-time highs, thanks to Nvidia's impressive $NVDA performance in the AI market. 🌐💹
Yesterday, US stocks were down before the earnings were announced, but what's happening today, after Nvidia has unveiled stunning quarterly results is incredible. 👏🔥
Nasdaq rises by 3 %, S&P 500 by 2 %, and even the Dow Jones is gaining almost 1,3...
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📉 Current market developments!
US stocks are down today, ahead ofNvidia's results 🚀 and with tensions ahead of theFederal Reserve minutes . TheS&P 500 index fell by 0,3 %, the Dow Jones lost 0,4 % and the tech Nasdaq Composite fell by 0,7 %.
The main news today will be the results of Nvidia, which is leading the way in artificial intelligence. Its shares on Tuesday recorded a...
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It's a crazy money machine right now, I was scared of the drop so I didn't get in, but again I'm thinking about the trader, well as I write this, throw in $100 and we're up in one day. Congrats to whoever is holding or has done something on it. It's tempting, as I'm starting to believe that the 1k$ can do it, but entering now seems too late, what do you think? 😊
📊🚀 What to watch this week! 🌐💡
President's Day - Monday: The US stock market will be closed!
Walmart $WMT Earnings - Tuesday: Retail giant Walmart will release its earnings! 🛒💰 What will be the impact on their stock and the overall retail sector?
Home Depot $HD Earnings - Tuesday:🏡💼 What will be the impact on the construction and home building sector?
Fed FOMC -. Wednesday: Let's...
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Super thanks for the recap, I just didn't have time to make it myself now :)
I don't own stock in either Intel or AMD, but if I had to pick one I'd pick amd
Patience pays off!🗓️🌹
Exactly 25 years ago yesterday, Nvidia $NVDAwent public on the stock market ! 🎉 In 1999, CEO and co-founder Jensen Huang became the owner of 3 million shares worth $59 million after the first day of trading.
Today, those shares are worth a whopping $85.8 billion! 🤯
...Super Micro Computer $SMCI ⚙️🖥️
The San Jose-based company, which focuses on database equipment such as servers, routers or switches and complete IT solutions, may benefit from relaxed monetary policy in 2024 🤯
Being in the IT field myself, I can say that $SMCI 's equipment is used a lot. The servers contain the latest processor from $INTC called Xeon! I started following the...
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I think it has almost no chance against these companies. But Intel is a great and quality company.
NVIDIA AND THE CHINA CHALLENGE
Shareholders of Nvidia Corporation $NVDA were disappointed over the Thanksgiving holiday as renewed focus on the company's hardware export problems to China impacted share prices, but experts suggest that a broader understanding of its technology could reveal potential investment benefits. In early trading on Monday, the shares rose a marginal 0.4%...
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Nvidia is strengthening its dominance in the chip markets.
Today I read a new report that Nvidia $NVDA and AMD $AMD are working on Arm-based PC chips. These Arm-based chips, also used for smartphones, often consume significantly less power, which is critical for battery-powered devices.
Microsoft plans to launch its own AI chip next month!
Microsoft is reportedly planning to launch its own AI chip to reduce its dependence on Nvidia in particular.
The chip will be similar to Nvidia's GPUs and is designed to run data center servers. This makes the chip less power-hungry. For data centers, power consumption is critical because data centers run 24/7.
The emergence of...
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Investors, which stock in your portfolio is the most profitable this year and how much % is it up ?
In my portfolio, $GOOGL stock is the most in profit this year by 39%. I would very much like to see $NVDA stock in my portfolio, however somehow I have not focused on this company and unfortunately I have not bought the stock :D.
Somehow I didn't keep track of it and didn't know if it just crossed that two trillion dollar mark or not, so thanks for the info! :D