An exchange-traded fund driven by artificial intelligence has just loaded up on shares in Tesla — and it has a history of correctly predicting the stock’s price swings. The electric-vehicle company now makes up 6% of its portfolio, and is the fund’s third-largest holding after online retailer Amazon AMZN,Read More →
Nvidia Corp.’s stock traded at record highs Tuesday as analysts hiked price targets and applauded the chip maker’s plans to branch out into its rivals’ territory. Nvidia NVDA, +1.45% shares hit a new intraday record high of $625.40 Tuesday, squashing the previous record of $614.90 set in February andRead More →
Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth. Nvidia NVDA, -0.65% shares rose more than 6% after hours, following a 0.7% decline in the regular session to close at $270.78. The companyRead More →
Intel Corp. crushed revenue expectations for the fourth quarter by about $1 billion and sent its stock to a new post-dot-com-boom high, but the company didn’t get a ton of credit from analysts. Intel INTC, +8.13% remains a controversial name on Wall Street as the chip giant deals with productionRead More →
Three chip rivals — Advanced Micro Devices Inc., Intel Corp. and Nvidia Corp. — are rolling out new products in an increasingly competitive battlefield to speed up the fastest computers on earth. Nvidia NVDA, +3.96% pioneered the use of graphics-processing units, or GPUs, in the server market, where theyRead More →
Nvidia Corp. has completely escaped the crypto hangover. The question now is what happens on the other side. Nvidia projected Thursday that revenue will begin growing again in the current period, after four consecutive quarters of year-over-year declines, but that is mostly because the quarter a year ago was intenselyRead More →
After a double whammy of a crypto-mining-influenced decline in its core gaming business and a slowdown in its previously surging data-center business over the past year, Nvidia Corp. says business is back to normal. Nvidia reported fiscal-second-quarter results that topped Wall Street expectations Thursday, with revenue growing 17% sequentially toRead More →
Nvidia Corp. shares shed post-earnings gains in the extended session Thursday after the graphics-chip maker did not provide a full-year outlook and said that data-center sales could remain weak. Nvidia NVDA, +0.38% shares, which surged 7% after the earnings report was released Thursday afternoon, began shedding those gains after ChiefRead More →
Nvidia Corp. has one more shoe to drop following a quarter where the chip maker cut its outlook twice. Nvidia NVDA, +0.51% is scheduled to report fourth-quarter earnings after the market closes on Thursday. The Santa Clara, Calif.-based chip maker recently cut its outlook for the second time in threeRead More →
Recreational marijuana was legalized in Canada last October. The smoke signals are about to arrive on Wall Street. Two of the largest publicly traded Canadian cannabis producers, Aurora Cannabis Inc. ACB, -2.32% ACB, -3.40% and Canopy Growth Corp. CGC, -3.11% WEED, -3.40% , will release earnings reports in the comingRead More →
Advanced Micro Devices Inc. — and Chief Executive Lisa Su — demonstrated on Tuesday how far they have come in winning credibility on Wall Street, for a company that deservedly lacked that trust for many years. AMD AMD, -4.61% reported fourth-quarter revenue and a first-quarter outlook that was slightly belowRead More →
Two years ago on the main stage at CES, Nvidia Corp. Chief Executive Jensen Huang proudly proclaimed that his company’s technology would lead to Level 4 autonomy — basically full self-driving — on the market by 2020. As 2019 dawned, Huang’s big news at CES was a “Level 2+” systemRead More →
