#nasdaq:nvda

[pavel-nosok]

Nvidia made Cramer go from ‘it’s a loser’ to it has ‘no competition’ in 8 months

Nvidia Corporation (NASDAQ: NVDA) seems to be in a league of its own in terms of capitalising on rapid growth in artificial intelligence, as per the famed investor Jim Cramer. Jim Cramer is now all praise for Nvidia stock Earlier this week, the semiconductor behemoth guided for about $11 billion in revenue for its current quarter (find out more). In comparison, experts had called for just over…

View On WordPress

[pavel-nosok]

Here’s why the SOXX and SMH ETF stocks are set to skyrocket

The iShares Semiconductor ETF (SOXX) and VanEck Semiconductor ETF (SMH) stock prices will be in the spotlight after the latest Nvidia earnings. The two ETFs have jumped by more than 45% from the lowest level in November last year.  Semiconductor sector is recovering One of the big stories in the technology industry is the slow growth of the semiconductor sectors as PC sales have retreaated.…

View On WordPress

[pavel-nosok]

Nvidia stock is grossly overvalued: market cap to hit $1 trillion anyway

Nvidia (NASDAQ: NVDA) stock price is approaching its all-time high as investors wait for the upcoming earnings. The stock was trading at $306, its highest level since December 2021. It has jumped by more than 180% from the lowest level in 2022.  Nvidia earnings preview The biggest semiconductor news this week was the decision by China to block products made by Micron, as we wrote here. The other…

View On WordPress

[pavel-nosok]

Nasdaq 100 index, QQQ stock are on the cusp of a bullish breakout

The Nasdaq 100 index and Invesco QQQ stock have moved to a bull market as technology companies continue their strong comeback. QQQ, which is the biggest Nasdaq 100 ETF, jumped to a high of $313.71, which is ~20% above the lowest point since December 23rd and ~22% above its November lows. Technology rally continues The Nasdaq 100 index has done well this year despite the volatility in the…

View On WordPress