Billionaire Israel Englander sold Nvidia stock during the first quarter, while purchasing shares of Palantir and Super Micro Computer. Palantir is a recognized leader among AI/ML platform vendors, and Wall Street expects the company to grow earnings per share at 22% annually through 2026. Super Micro Computer is the market...

Billionaires Are Selling Nvidia Stock and Buying 2 Supercharged Artificial Intelligence (AI) Stocks Instead

24/7 Wall St.

In case you have been living under a rock for the past year and a half, NVIDIA Corp. (NASDAQ: NVDA) has been the market’s hottest stock and is now one of the largest companies — as measured by market capitalization — in the entire world. After the chipmaker underwent a recent 10-for-1 stock split on June […]
The post If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now appeared first on 24/7 Wall St..

If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now

The Motley Fool

This tech titan could join the most exclusive club on Wall Street by the end of 2025.

1 Unstoppable Stock Set to Join Nvidia, Apple, and Microsoft in the $3 Trillion Club

TheStreet

AI demand has driven chip stocks to record levels, and one Wall Street analyst weighs in on the trend.

Analyst resets Nvidia stock price target in chip-sector overhaul

Shares of Serve Robotics jumped on Friday after Nvidia reported a 10% stake in the delivery technology company. The surge echoed that of Soundhound AI, the voice AI company that saw the value of its stock triple in the month after Nvidia disclosed a stake worth just $4 million in mid-February.

A Big Nvidia Stake Sends Another AI Stock Soaring

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Thomas Smith

Spotting a few bugs in the house is typically a nuisance, but there's one in particular that should ring alarm bells for homeowners. If you come across the bug in the photo above, it's time to call in a professional.

Study This Photo--If You Find This Bug In Your House, You Need To Call in a Pro

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

Hawaiian Electric has tentatively agreed to settle hundreds of lawsuits related to its alleged negligence over the Maui wildfires, according to a Bloomberg report. Its stock jumped on the news. The company would be on the hook for at least $1.5 billion if the deal becomes official, the report said.

Reports of a Wildfire Settlement Deal Have Hawaiian Electric Stock Flying

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

Chicago, IL

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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?

Excitement surrounding stock splits has taken Wall Street by storm in 2024. July has been a busy month, with an international conglomerate, high-end retailer, and artificial intelligence (AI) networking solutions provider all executing forward splits. However, Wall Street's newest stock-split stock has a $24 billion market cap that's built atop...

Wall Street's Newest Stock-Split Stock Should Be Avoided Like the Plague -- and I'm Not Talking About Broadcom

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The Shy Green

Salt Life Beer, a beloved brand synonymous with ocean enthusiasts and craft beer lovers, is facing turbulent times as it files for Chapter 11 bankruptcy. Known for its crisp and refreshing lager inspired by the sea, Salt Life Beer has become a staple for those who cherish the ocean's allure.

Another famous beer brand is going bankrupt and will file for Chapter 11

Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash. The $37.50-per-share deal is a 48.4% premium over Chuy's closing price Wednesday. Chuy's has a 30-day "go-shop" option to look for other potential suitors. Shares of Chuy’s Holdings (CHUY) soared Thursday after Darden Restaurants (DRI) announced it...

Darden Restaurants Pays a Big Premium To Buy Chuy's Tex-Mex Restaurant Chain

On Wednesday, Broadcom Limited (NASDAQ:AVGO) saw its stock price target adjusted by Cantor Fitzgerald to $200 from the previous $2,000, while the firm maintained an Overweight rating on the stock. This revision follows the completion of a 10-for-1 stock split by Broadcom, which became effective on Monday before the market opened.

Broadcom shares get new price target after stock split

There's troubling news brewing in the home improvement world as LL Flooring, formerly known as Lumber Liquidators, grapples with serious financial woes. From its humble beginnings with a pickup truck in Massachusetts to growing into a behemoth with 442 stores across 47 states, the company now finds itself at a critical juncture.

A major home improvement store might shut down all its stores and declare bankruptcy

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Microsoft shares lost ground in premarket trading Friday after the tech giant suffered a major cloud services outage, linked to a system update by cybersecurity software firm CrowdStrike, that affected banks, airlines, media outlets, and companies around the globe. Microsoft shares continue to undergo a retracement after recording a record...

Watch These Microsoft Stock Price Levels After Major Cloud Services Outage

While the outlook for Nvidia may not be as rosy as a year ago, clearly some analysts expect the rally to continue.
The post Nvidia Stock Price Prediction: What Will It Be in 1 Year appeared first on 24/7 Wall St..

Nvidia Stock Price Prediction: What Will It Be in 1 Year

Novartis posted second-quarter net sales and adjusted profit that beat analysts' expectations. The drugmaker upped its full-year core operating income outlook for the second time in as many quarters. Novartis now expects fiscal 2024 core operating income to grow by a mid- to high-teen-percentage rate, up from a low-double-digit to...

Novartis Falls Despite Earnings Beat, Guidance Raise

American Express (AXP) reported larger profits than analysts had expected for the second quarter Friday, despite revenue and net interest income (NII) that fell short of estimates. The banking and credit card provider reported record quarterly revenue of $16.33 billion, but analysts had expected $16.56 billion. Profits of $3.02 billion,...

American Express Stock Slips After Revenue Comes in Lighter Than Expected

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These Chipmakers Could Benefit From Record 2024 Data Center Spending, BofA Says

Cloud computing giants are set to spend a record amount on infrastructure this year, with chipmakers likely to benefit, according to Bank of America analysts. Among...

These Chipmakers Could Benefit From Record 2024 Data Center Spending, BofA Says

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