After its CEO Jensen Huang laid out plans for new artificial intelligence (AI) accelerator chips, the stock of technology giant Nvidia (NASDAQ: NVDA) has climbed to its new all-time high (ATH), and Wall Street analysts have started to adjust their NVDA stock price targets accordingly.As it happens, NVDA stock price has soared in response to the bullish news announced at Taiwan’s showcase event, Computex 2024, during which Huang announced that Nvidia would roll out Blackwell Ultra chips in 2025 and a new Rub ...

Since 2024 started, Qualcomm (NASDAQ: QCOM) has done much to expand and position itself as best it can to continue benefiting from the ongoing artificial intelligence (AI) boom. Indeed, the company, best known for designing, producing, and licensing semiconductors for mobile devices and telecommunications, has recently started getting involved with the automotive industry and computing markets.Qualcomm has also done much to expand and extend its strategic partnerships and has entered into crucial long-term ...

Elon Musk had insider knowledge of Tesla’s (NASDAQ: TSLA) impending failure to meet production and delivery targets when he sold more than $7.5 billion worth of stock in 2022, according to a lawsuit filed by a shareholder. Elon Musk’s insider sales of Tesla stock in 2022. Source: BarchartThe lawsuit claims that Tesla’s CEO was aware of nonpublic information that the company would miss its fourth-quarter goals when he sold his shares. The shareholder, Michael Perry, filed the suit in Delaware Chancery Court, ...

As the AI revolution brought enormous profit to Nvidia (NASDAQ: NVDA), so did NVDA stock to its traders, especially insiders, who obtained its shares at much lower prices or even as a gift from the company, effectively earning 100% profits.One such insider is Board of Directors member Dawn Hudson. On May 28, she sold 20,000 NVDA shares at an average price of $1,079.41, raking in a profit of $21.5 million.Insider sale of NVDA stock by Dawn Hudson. Source: Barchart This sale has decreased her ownership of NVD ...

The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) continues to struggle despite the company implementing various strategies to boost investor confidence. Undoubtedly, Tesla has been significantly impacted by the widespread slowdown in the EV market, with the stock plummeting by nearly 30% in 2024. This is a substantial decline, and the equity is currently facing resistance at the $200 level, trading at $175 by press time. TSLA YTD stock price chart. Source: FinboldConsequently, inve ...

While a level of optimism was evident given Alibaba (NYSE: BABA) pre-earnings stock market climb, the report itself, once it came out, seemingly did little other than disappoint investors. BABA stock 5-day price chart. Source: GoogleIndeed, the Chinese e-commerce and technology giant, which has been struggling amidst efforts to reorientate toward artificial intelligence (AI) and a wider Mainland and Hong Kong market downturn, dropped 6.02% in the New York Stock Exchange within a single day after the figures ...

Even though Apple (NASDAQ: AAPL) stock price has failed to make a significant advance this year despite its first-quarter earnings beating Wall Street’s expectations, experts remain cautiously optimistic in terms of its further movements in the following 12 months.As it happens, Apple seems to be finalizing the terms of a deal with ChatGPT creator OpenAI to incorporate its generative artificial intelligence (AI) technology into iOS 18, as well as holding talks with Alphabet (NASDAQ: GOOGL) to license its Ge ...

Danny Moses, an investor known for successfully betting against the housing market before its 2008 implosion alongside Michael Burry, which was documented in an iconic film, ‘The Big Short.’In particular, Moses is betting against Tesla’s (NASDAQ: TSLA) stock and sees it going all the way down to $50.Despite TSLA stock being down by 28.53% since 2024 started, Moses warns that it is only a matter of time before the company implodes, potentially leading to significant losses for investors. TSLA stock YTD price ...

The semiconductor giant Nvidia (NASDAQ: NVDA) has been showing remarkable stock market strength since late 2022 and the beginning of the artificial intelligence (AI) boom, and has been showing few signs of slowing down in 2024.The blue-chip chipmaker has been surging significantly and nearly continuously through the period, and NVDA shares rose from about $147 at the start of 2023 to $480 at its end and followed up with an 86.59% rise in 2024. Nvidia price today, after many months of rallying, stands at $90 ...

For junior traders, emulating successful investors is often the most effective strategy. And who better to emulate than Warren Buffett, a stock market legend and Chairman of Berkshire Hathaway (NYSE: BRK.A), with decades of experience and a track record of numerous successful investments.Buffett’s approach prioritizes fundamentals, focusing on a company’s performance, financial health, and future potential before making investment decisions. Years of experience have honed his ability to distinguish between ...