NVIDIA (NVDA) has ridden the AI wave like no other company, given the robust demand for its high-performance GPUs. In this piece, I analyze NVDA’s prospects for 2024 and beyond. Keep reading. Since last year, NVIDIA Corporation (NVDA) has been the subject of much discussion. The company’s fortunes have been linked to the massive AI … Read more
Mumbai: The rupee edged up 1 paisa to 83.02 against the US dollar on Wednesday ahead of the announcement of the key US Fed policy decision later in the day. At the interbank foreign exchange market, the rupee opened higher at 83.00 against the previous close of 83.03 in line with firm domestic stock markets. … Read more
Artificial-intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief Executive Jensen Huang, kicking off the company’s annual developer conference, also launched a new set of software tools designed to help developers sell their artificial-intelligence models more easily to any … Read more
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called “Magnificent Seven” are collectively trading at an average of 33 times their expected earnings for the next 12 months, up from 26 at the end of 2022, according … Read more
The S&P 500 (SPY) has been on a tear since November 1st when the Fed started to make their dovish tilt opening the door to future rate cuts. Unfortunately they keep not happening and start date keeps getting pushed further and further out. That has many wondering if stocks are getting ahead of themselves setting … Read more
The retail industry is poised for significant growth, owing to the adoption of new trends and technology and rising consumer spending. As retail stocks Ulta Beauty (ULTA) and DICK’S Sporting Goods (DKS) prepare to unveil their fourth-quarter earnings soon, let’s analyze whether to buy, hold, or sell these stocks ahead of earnings. Read on. Rising … Read more
The benchmark S&P BSE Sensex was dragged lower on March 11 by banking stocks, including State Bank of India and HDFC Bank, and industrial counters, snapping two straight sessions of gains. The Sensex fell 616.75 points, or 0.83%, to 73,502.64. While Power Grid and Tata Steel were the biggest losers on the gauge, sliding 2.41% … Read more
The tech industry is poised for long-term growth due to the rapid adoption of emerging technologies and increased spending on digitization initiatives, which is being driven by rising demand for innovative solutions. Therefore, let’s evaluate whether tech stocks NetApp (NTAP) and Dropbox (DBX) are wise investments to capitalize on the industry tailwinds. Keep reading. The … Read more
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New Delhi: Corrections in mid and small caps are underway and expected to continue, with regulators urging disclosure of associated risks to AMCs, says Vinod Nair, Head of Research, Geojit Financial Services. Banking stocks reversed initial weakness to perform well on the back of an improved economic outlook, while weakness persisted in the IT and … Read more
