To The Moon

Nvidia was rising early on Tuesday. The chip maker's pivotal role in the artificial-intelligence market was underlined by earnings from software company Oracle.Nvidia shares were up 1.6% at $871.49 in premarket trading.Nvidia stock closed down 2.0% at $857.74 on Monday. That left the company valued at $2.19 trillion overall.The strong market for Nvidia's graphics-processing units was emphasized by enterprise-software giant Oracle in the latter company's own earnings report after the market close on Monday. Oracle signed a new cloud-computing infrastructure deal with Nvidia in its latest quarter and said it plans to boost capital spending in the next fiscal year, suggesting sustained demand for AI chips.The next major catalyst for Nvidia is likely to be its GTC developers' event, which kicks off on March 18."We expect to have some very nice joint announcements with Nvidia next week," Oracle CEO Safra Catz told analysts on an earnings call late Tuesday.The statements should relieve conce

Nvidia stock surged 13% in premarket trading on Wednesday after the chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.Nvidia has been a top be

Key international financial events this week include the latest earnings from chip giant Nvidia, retailers Home Depot and Walmart, as well as the minutes of the Federal Reserve's last monetary policy meeting and speeches from several Fed governors and policy makers.Nvidia will announce its financial results for the fourth quarter of the fiscal year 2024 (as of January 28, 2024) after the U.S. stock market closed on Wednesday (21), and analysts expect the chip maker to benefit from the boom in AI, and profit and revenue will increase significantly.Several retailers, including Home Depot and Walmart, will report their latest earnings next week. With consumer spending accounting for two-thirds of U.S. economic output, any upbeat signal from retailers would stoke confidence that household dema