Nvidia trades for 20 times next year’s expected revenue. Historically, that’s been a worrisome level for future stock returns...
Continue ReadingNvidia stock did an about-face on Thursday, dipping 3.5% into the red and closing just below Microsoft on the list of largest companies by market cap. Nvidia started out with gains, on track to cement its lofty position. The chip maker had passed Microsoft and Apple in terms of market value on Tuesday, closing up 3.5%...
Continue ReadingWhile laying an AI foundation with Amazon Bedrock, Amazon stock lays the groundwork for a breakout to a record high...
Continue ReadingThe Dow Jones led as the S&P 500 reversed lower and the Nasdaq sank on the stock market today. Nvidia waved the white flag after a new high...
Continue ReadingOne of the dominant forces on the S&P 500 (^GSPC) is Nvidia (NVDA). The tech giant has seen a record-breaking rally, but should investors continue to buy at its height? Theory Ventures General Partner Tomasz Tunguz joins for the latest edition of Good Buy or Goodbye to give insight into how investors should play the tech sector. Tunguz calls Microsoft (MSFT) a "good buy," citing a multi-billion dollar run rate business in AI, its leadership in enterprise AI, and ample room for growth given AI's limited penetration in Microsoft's customer base. However, Tunguz highlights Microsoft's fraying relationship with OpenAI as a key concern. Tunguz says "goodbye" to Nvidia, citing the rise of competition in the space. He warns that the company may need to diversify into software, which will be an uphill battle for the company moving forward. This post was written by Nicholas Jacobino...
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Continue ReadingSanta Clara chipmaker Nvidia has ridden the AI revolution to briefly vault over Microsoft and Apple and become the world's most valuable company...
Continue ReadingA 3.5% retreat in Nvidia's shares had Microsoft back atop the market cap leaderboard at Thursday's close. + Shares of Nvidia, which overtook Microsoft for the first time Tuesday, fell today alongside the S&P 500 and Nasdaq Composite. Microsoft, meanwhile, ticked lower...
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Continue ReadingAnthropic debuted the most capable version of its Claude chatbot Thursday, as the Amazon- and Google-backed company said the Claude 3.5 Sonnet model performs on par or better than the latest models of other popular AI chatbots...
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