While Nvidia leads in high-performance GPUs, many other chipmakers are benefiting too. Micron Technology develops memory solutions that are integrated into Nvidia's GPUs. Its latest innovation, the HBM3E, started shipping earlier this year and is already sold out. Micron's memory chip solutions are sold out through 2025. Artificial intelligence (AI)...

Forget Nvidia: 1 Other Unstoppable Semiconductor Stock to Buy Instead

The Motley Fool

Amazon, Walmart, and IBM could outperform many of the other Dow stocks.

These 3 Dow Stocks Are Set to Soar in 2024 and Beyond

Just two days after reaching a peak with a 750-point gain, the Dow closed down 530 points on Thursday amid continued sell-offs of AI and tech stocks. As the day ended, the Dow Jones Industrial Average was down 533 points, or 1.2%, to 40,665. Meanwhile, the S&P 500 and Nasdaq both shed 0.7%.

The Dow plunges 530 points as investors keep dumping AI and tech stocks

Stocks moved mostly lower during trading on Friday, with the Nasdaq and the S&P 500 extending the steep drop seen over the two previous sessions. The narrower Dow also moved to the downside, pulling back further off the record closing high set on Wednesday. The major averages all finished the...

U.S. Stocks See Further Downside Following Major IT Outage

Markets Insider

The recent tech sell-off is a "golden buying opportunity," according to Wedbush. The midweek rout in tech stocks was partly triggered by Trump's hawkish comments about Taiwan. But solid earnings results in the second-quarter should spark a rebound in the tech trade, Ives said. The sell-off in technology stocks represents...

The rout in tech stocks is a 'golden buying opportunity' for investors, analyst says

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Nvidia and Micron have received price target increases from KeyBanc. Analyst John Vinh raised Nvidia’s target to $180 from $130 and Micron’s to $165 from $160. The increases come as traditional server demand improves and AI needs continue. KeyBanc looked at data analytics and semiconductor use by region....

Nvidia and Micron price targets raised

Elon Musk wasted no time in finding a convenient scapegoat for the global IT outage caused by a botched software update from cybersecurity firm CrowdStrike. “Not very ‘bright’ right now, is it?” Musk wrote on X, formerly Twitter, Friday morning in reply to a more than two years old post from CrowdStrike. In that post, the Austin, Texas-based firm said it was proud to be a “Gold Partner” of recruiting company Bright Network’s panel on diversity, equity, and inclusion (DEI).

Elon Musk is already blaming diversity initiatives for the massive CrowdStrike global tech outage

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

UBS increased its Nvidia price target on Monday to $150 per share due to strong demand trends and a reasonable valuation.

Stock market today: Nvidia pushes Nasdaq, S&P 500 to record highs

Washington State

A key group of Boeing workers said they’d be willing to walk off the job if union negotiations don’t go their way. Members of International Association of Machinists and Aerospace Workers District 751, which represents Washington state employees for the troubled planemaker, nearly unanimously approved a vote that could set up a strike later this year. The ballot passed 99.9%.

Boeing could have a huge strike on its hands

This Vanguard index fund provides exposure to a plethora of artificial intelligence stocks, including Microsoft, Apple, Nvidia, Broadcom, and Advanced Micro Devices.

1 Vanguard Index Fund to Buy That Soared 1,500% in 15 Years, With Help From Stock-Split AI Stocks Nvidia and Broadcom

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

24/7 Wall St.

Nvidia’s (NASDAQ: NVDA) stock has had an extraordinary run because its products are central to the AI revolution. Despite a slight sell-off recently, it is up 154% for the year, compared to a 16% increase in the S&P 500. Most analysts still believe the stock can do better. In June, Yahoo Finance reported that 53 […]
The post Nvidia Stock Gets Rare Downgrade. appeared first on 24/7 Wall St..

Nvidia Stock Gets Rare Downgrade.

Tech and AI stocks declined on Wednesday, causing the Nasdaq and S&P 500 to drop sharply as investors reacted to potential new export controls under the Biden administration and comments on Taiwan by former President Donald Trump. The Dow Jones Industrial Average, which closed almost 750 points higher the day before, was flat on Wednesday.

The S&P 500 and Nasdaq tank as investors dump AI and tech stocks

"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs report.

Stock market today: US stocks close at record highs after dovish June jobs report

Analysts clearly favor Broadcom over Nvidia right now -- a big change from just a few months ago. Many on Wall Street are concerned that Nvidia's growth is now largely baked into its share price. Wall Street could be right about both stocks, but analysts might be underestimating Nvidia's potential.

Is Broadcom a Better Stock-Split Buy Than Nvidia? Wall Street Thinks So.

Wedbush analysts are urging investors to seize the current tech sell-off as a "golden buying opportunity," despite recent market jitters sparked by former President Trump's comments on China tariffs and Taiwan. The sell-off hit semiconductor, AI revolution stocks, and Big Tech, but Wedbush believes this reaction is overblown. Reflecting on...

Buy tech sell-off, Wedbush says

TheStreet

Here's the indicators that can signal when a bottom and opportunities are at hand.

Stocks crashing? It's OK to head to the sidelines — for now

NewsBreak

The massive chip stock selloff was an overreaction, analysts say

The big selloff of chip stocks was a bit excessive — at least that’s what Jefferies and Bank of America analysts think. “We believe the Bloomberg...

The massive chip stock selloff was an overreaction, analysts say

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