To The Moon

SummaryA rather tepid Nvidia Corporation forecast for Q4, which failed to meet Wall Street’s relatively high expectations, is one of the main reasons behind the recent decline in NVDA's share price.At

Palantir Technologies exhibited exceptional performance during fiscal Q3 2024 and experienced robust growth across its government and commercial business segments with increasing use of its AI-based solutions. The consolidated Q3 revenue increased 30% year-over-year to $726 million, topping guidance by $24 million . This represented a dramatic increase from the 17% YoY growth rate in Q3 2023, which clearly shows t

Nvidia's upcoming Blackwell launch could push the stock higher.

Nvidia Corporation's stock and the broader market received a boost on Monday after CEO Jensen Huang made bullish comments about soaring demand for the company's AI chips.Speaking at the Goldman Sachs Communacopia & Technology Conference, Huang said: "The demand on [chips] is so great, and everyone wants to be first and everyone wants to be most. We probably have more emotional customers today. Deservedly so. It's tense. We're trying to do the best we can.". Huang's remarks highlighting intense

Morgan Stanley analysts reassigned a Top Pick rating for Nvidia stock on Wednesday after the chipmaker’s shares fell sharply amid a broader market sell-off the previous day.NVDA tumbled 7% on Tuesday to $103.73, representing its lowest closing price since May. Other chip stocks followed, with the iShares Semiconductor ETF losing 3.6% on the day.Morgan Stanley issued no changes to their Nvidia estimates or price target, but noted that the sell-off “presents a good entry point as we continue to hear strong data points short term and long term, with overblown competitive concerns.”Key concerns contributing to the sell-off include customer capital spending budgets, competitive dynamics, export controls, and supply chain issues.While the bank’s analysts acknowledge these challenges, they believe they will diminish over time. For instance, customer spending on AI infrastructure has been non-linear due to space and power constraints, yet the demand for Nvidia’s GPUs remains strong. The resi

$Nvidia$ is getting ready for one of the year’s biggest tech events.The GTC Conference will bring some key product updates for investors.This means that NVDA stock will be in focus until March 18, when the event kicks off.Are you ready for one of the top tech events of the year?