To The Moon

Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democ

Nvidia was slipping early on Monday as the chip maker looks set to give back some gains from the previous week's rally.Nvidia shares were down 1.44% at $117.39 in premarket trading on Monday. The stoc

The market has negatively reacted to Nvidia’s latest earnings report.Nvidia faces several risks that will likely undermine its efforts to grow its sales across the globe.We also believe that Nvidia is

Nvidia looked set to pare back some of its recent losses on Monday, but analysts at Citi are warning that the artificial intelligence-fueled winning streak that powered the chip maker to a trillion-dollar valuation is coming to an end.The stock climbed 1.5% to $104.39 in premarket trading. On Friday, it had dropped 4.1% to cap off a nightmarish week.Nvidia shares have tumbled 20% over the past two weeks, dragged down by worries that the AI investing craze that has powered the market higher ever since ChatGPT launched in November 2022 could soon be about to fizzle out.The expectation that the Federal Reserve will soon start slashing interest rates has also accelerated a rotation out of the once-dominant Magnificent 7 group of megacap tech stocks. Citi analysts said in a research note on Friday that they don't expect Nvidia to carry on being a massive driver of returns for the benchmark S&P 500 index, even though they're predicting that its profit growth will remain strong.

Nvidia rose 1.1% in premarket trading on Thursday; Tesla rose 1.2%. $NVIDIA Corp$ did not receive a U.S. Justice Department subpoena, a spokesperson said in a statement on Wednesday."We have inquired with the U.S. Department of Justice and have not been subpoenaed. Nonetheless, we are happy to answer any questions regulators may have about our business."Bloomberg News reported on Tuesday the Justice Department had sent a subpoena related to a potential antitrust investigation, which would signa

Broadcom's Q3 earnings forecast shows a 15% year-over-year EPS increase and 46% year-over-year revenue growth, driven mainly by its infrastructure software segment.The software segment, bolstered by V

We look at this and more below. Q2 Revenue Beats Estimates Q2’s revenue of $30.04 billion increased 122% YoY and 15% QoQ, with management pointing out that “customers continue to accelerate their Hopper architecture purchases while gearing up to adopt Blackwell.” This marked a $1.3 billion beat to the consensus estimate for $28.75 billion. It also was a deceleration from 262% YoY growth in Q1, as Nvidia is

"Wake me up when September ends," sang the band Green Day -- and many investors will feel the tune was written for them.The ninth month of the year is notoriously unkind to markets, and 2024 could well follow the trend.September has consistently been a miserable time for U.S. stocks. Just check out the average monthly performance for the four main indexes -- the Dow Jones Industrial Average, the benchmark S&P 500, the tech-heavy Nasdaq Composite, and the small-cap focused Russell 2000 -- since their inception:. September has also brought about its fair share of crashes, including the post-9/11 slump and the selloff triggered by the 2008-09 financial crisis -- although the data doesn't always look so bad in presidential election years.Bonds don't tend to offer much relief, either -- the iShares U.S. Treasury bond ETF, which trades under the ticker GOVT and tracks the broad U.S. government bond market, has also typically had its worst month in September:. The August jobs report due out o

Advanced Micro Devices, Inc. announced its $4.9B acquisition of ZT Systems as a strategic move in the AI market, but we see things differently.We think AMD holds a higher risk profile after the acquis

Sees slump if stock winners fall below 200-day moving averageAI leaders to falter in second half unless profits shine: BofAMichael HartnettThe turbulence in global financial markets has yet to reach p