Key Takeaways Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, Bloomberg reported, after a wild week for the chipmaker's stock.Shares have lost over 12% this week after the emergence of a sophisticated,
Despite market jitters, Bank of America remains optimistic, stating that concerns over DeepSeek’s impact on the semiconductor industry are overstated, maintaining a bullish outlook on key players like Nvidia (NASDAQ: NVDA).
Bank of America Securities analyst Vivek Arya reiterated a Buy rating on Nvidia (NVDA – Research Report) yesterday and set a price target of
Shares of chipmaker Nvidia (NVDA) plummeted 17% on Monday and lost nearly $600 billion in market value. The decline was triggered by the
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.
Nvidia ( NVDA) stock tanked on Monday, falling more than 17% and losing nearly $600 billion off its market cap as investors digested the growing popularity of a new cost-effective artificial intelligence model from the Chinese startup DeepSeek.
Nvidia faces new threats as China's DeepSeek challenges AI chip dominance, shaking markets. Can Nvidia maintain its competitive edge?
Constellation Energy (NASDAQ: CEG) was among the losers this week as the deregulated utility was one of a number of stocks to get hit hard by the launch of DeepSeek, the Chinese AI start-up that is reportedly able to achieve performance results similar to ChatGPT and Alphabet's Gemini,
Thus, this chart could provide a stark warning that stock prices are being driven more by investor optimism than the underlying value of these stocks, exactly the kind of market condition that Buffett has said makes him keep his "elephant gun" of cash at the ready.
Strategists at Bank of America, led by Michael Hartnett, used the term "Lagnificent 7" to describe what may be coming for the grouping of Apple Inc. (AAPL), Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN), Nvidia Corp. (NVDA), Meta Platforms Inc. (META) and Tesla Inc. (TSLA)
Wall Street shrugged off the chaos. Traders who had been panicking just days ago—thanks to the tech meltdown triggered by DeepSeek’s overhyped claims—woke up on Friday with some relief.
LONDON (Reuters) - In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was in no hurry to cut rates again, a few gauges underscore markets' vulnerability to big swings.