NVIDIA

Nvidia Corp. (NASDAQ:NVDA) has been the best-performing S&P 500 stock this year, having rallied over 211% year-to-date, thanks to its artificial intelligence opportunity. Jensen Huang, who heads the chipmaker in the roles of president and CEO, has sold more shares of the company, Form 4...

On Tuesday, Cathie Wood-led Ark Invest made notable trades, with a significant move to offload shares of Shopify Inc (NYSE:SHOP) and Nvidia Corp (NASDAQ:NVDA), while ramping up its position in Spotify Technology SA (NYSE:SPOT). This comes amid recent market dynamics and strategic shifts in Ark...

After remaining dormant for nearly 1½ years, the initial public offering (IPO) landscape is heating up as chip manufacturer Arm Holdings Ltd. plans for a multibillion-dollar listing.  The British semiconductor designer, owned by Japanese investment holding company SoftBank Group, filed an...

On Thursday, Cathie Wood-led Ark Invest made a significant move by selling $1.86 million worth of shares in NVIDIA Corp (NASDAQ:NVDA), a move that comes in the wake of recent developments surrounding the tech giant’s performance in the AI sector. The NVIDIA Trade The Wood-led investment...

Analysts at Morgan Stanley have handpicked several artificial intelligence (AI)-related stocks worldwide, expected to prosper from the rising AI trend, reported CNBC. The analysts, led by Shawn Kim, noted that the 2024 earnings forecasts for AI stocks have increased from their July 1...

Cathie Wood-led Ark Invest made significant trades on Tuesday, including a noteworthy move involving Zoom Video Communications (NASDAQ:ZM) and Nvidia Corporation (NASDAQ:NVDA). The Zoom trade took center stage, with Ark Invest purchasing $8.1 million worth of Zoom shares, based on Tuesday’s...

Since OpenAI launched ChatGPT last year, Elon Musk has emerged as one of its vocal opponents, often accusing the AI-powered chatbot and the company behind it of not developing the technology responsibly.  However, a new report has put the tech billionaire at...

Tesla Inc (NASDAQ:TSLA) investor Ross Gerber highlighted the synergy between Nvidia Corp (NASDAQ:NVDA) and Tesla, emphasizing the convergence of AI autonomy and GPU technology. The tweet came amid the combined market value of the two companies matched the entire value of companies like...

U.S. stocks showcased a mixed performance as trading ended, with the Nasdaq Composite marking an impressive gain of around 1.56% on Monday. The Dow, however, dipped slightly by 0.11% to 34,463.69. In contrast, the S&P 500 experienced a rise, gaining 0.69% to settle at 4,399.77. These are the...

U.S. stocks ended in the green on Monday. The Nasdaq Composite emerged as the day’s winner, registering a gain of around 143 points. The Dow slightly rose by 0.07% to 35,307.63. The S&P 500 also experienced an uptick, rising by almost 0.6% to 4,489.72. These are the top stocks that...

It’s been a whirlwind week in the world of artificial intelligence (AI). From investment trends to massive funding rounds, the AI sector is buzzing with activity. As companies ramp up their AI investments, some big names are making significant moves. Let’s dive into the top stories of...

Nvidia’s AI-generated rally has pushed its earnings multiple above Tesla Inc‘s. Nvidia Corp. (NASDAQ:NVDA) shares have surged 180% this year alone, making it the top performer in the S&P 500. The company’s market value now surpasses $1 trillion, ranking it 5th among U.S....

Short sellers have faced losses of over $175 billion due to an unforeseen tech stock surge, Business Insider reports. Driven by investor enthusiasm for AI, the tech sector witnessed a rally leading to $175.2 billion mark-to-market losses for short sellers this year, with July accounting for $53.5...

AustralianSuper, one of the world’s largest pension funds, has significantly changed its major stockholdings, Barron’s reports. The pension has reduced its positions in Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT), increased its stake in Tesla Inc. (NASDAQ:TSLA), and...

It's not unusual to see relatively new, unprofitable biotech stocks soaring on potential, particularly after promising clinical trial results. But some stocks in the biotech category are rising for a reason that's more common with techs, such as chipmaker Nvidia Corp. (NASDAQ: NVDA) or...