Nvidia Corp (NASDAQ: NVDA) is in focus today following a report that China has asked its tech companies to prefer local AI chips. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does it matter for Nvidia stock?Copy link to sectionThe news is significant for the semiconductor behemoth as its H20, L20, and L2 chips are tailor made for China.  Peers that may also take a beating as Beijing pushes further to phase out foreign-made AI chips include Adva ...

Intel Corporation (NASDAQ:INTC) has been through some tough times lately. After reporting its earnings for the first quarter of 2024, its stock took a hit, dropping from above $35 to below $30 recently. The company’s guidance for the next quarter wasn’t as good as expected, which worried investors.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Intel predicted its revenue for the second quarter of 2024 would be between $12.5 billion and $13.5 billion. ...

Tesla Inc., under the leadership of CEO Elon Musk, has reportedly canceled the nearly completed production of its anticipated low-cost electric vehicle (EV), the Model 2, according to a report by The Information released on Monday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This decision comes as a surprise as the vehicle was nearing the end of its development phase. Tesla’s engineering challenges and strategic pivotCopy link to sectionSources clo ...

Considered by many to be one of the biggest jewels of the Chinese economy, Alibaba Holding Limited (BABA) has been considered ‘China’s Amazon’ and an investors’ darling for years.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.But the once-mighty online retail giant has seen a gradual slide in its stock price since the heights of its powers during pandemic-era 2020, which saw Alibaba’s stock price regularly top 300 Hong Kong dollars (HKD) as online sh ...

GameStop Corp (NYSE: GME) opened about 40% up on Monday after “Roaring Kitty” made a post on “X” for the first time since 2021. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does Roaring Kitty matter for $GME?Copy link to sectionThat’s significant since Keith Gill who goes by “Roaring Kitty” on X and “DeepF******Value” on Reddit is the one who inspired the short squeeze of 2021.  He, therefore, is the pioneer of the meme stock frenzy so to speak ...

Pfizer Inc. (NYSE:PFE) faced a challenging 2023 in the stock market, with its shares plummeting from over $50 to a low of $25. However, recent developments suggest a potential turnaround for the pharmaceutical giant. On May 1, 2024, Pfizer reported better-than-expected results for the first quarter of the year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Their non-GAAP earnings per share of $0.82 surpassed expectations by $0.31, while revenue of $1 ...

The European Union is poised to bring fresh antitrust charges against Microsoft Corporation, with concerns centered around the tech giant’s videoconferencing app, Teams, according to a report from the Financial Times on Monday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Sources familiar with the matter indicated that EU officials believe Microsoft’s practices could be disadvantaging competitors in the market. Concerns over integration and pricing ...

American stocks had a great performance this week as the first quarter earnings season came to a close. The Dow Jones indicator has risen for three straight weeks and is nearing its all-time high of $40,000.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Similarly, the Nasdaq 100 and the S&P 500 indices are all nearing their all-time highs. That’s because the earnings season has been highly successful. Data by FactSet shows that so far, companies have ...

Group 1: Nike's Performance - Nike's stock price has declined over 47% from its peak in 2021, making it one of the worst performers in the Dow Jones [1] - In comparison, Adidas has increased by over 139% from its lowest point in 2023, while Nike's stock has only risen by 12% over the past five years, compared to the S&P 500's nearly 81% increase in the same period [1] Group 2: On Holding's Growth Potential - On Holding has shown remarkable growth, with total revenue increasing from $276 million in 2019 to over $2.13 billion in 2023, marking a significant upward trend [2] - Analysts project On Holding's revenue to reach $2.5 billion this year and $3.16 billion by 2026, contrasting with Nike and Adidas, which are expected to have low single-digit revenue growth [4] - On Holding reported a 21.9% revenue increase in Q4, driven by strong website and retail traffic, with expectations of an 18.3% year-over-year revenue growth to $547 million in Q1 [4][6] Group 3: Profitability and Future Outlook for On Holding - On Holding achieved a net profit of over $94.2 million in 2023, up from $62.4 million the previous year, after a net loss of $186 million a year earlier [6] - The company aims for a compound annual growth rate (CAGR) of 26% through 2026 and targets an EBITDA margin of 18%, an increase from the current expectation of 16%-16.5% [6] - Analysts anticipate that On Holding will exceed profit per share estimates of 16 cents, indicating strong future performance potential [6]

Group 1: Company Performance - Taiwan Semiconductor Manufacturing Company Limited (TSM) reported a revenue increase of 59.6% year-over-year, reaching NT$236.02 billion in April 2024, driven by demand from major clients like Apple, Nvidia, and AMD [1] - Despite previous caution from CEO C. C. Wei regarding the semiconductor market's growth in 2024, TSM remains optimistic about future expansion, particularly in the foundry sector due to rising AI semiconductor demand [1] - TSM announced a cash dividend of NT$4 per share for the first quarter of 2024, reflecting its commitment to shareholders [1] Group 2: Stock Performance and Technical Analysis - TSM's stock has faced volatility typical of the semiconductor industry, previously falling to $40 during the COVID bear market and rising above $140 by February 2021, but struggling to surpass the $145 mark [2] - The stock attempted to break the $145 barrier in January 2022 and reached a high of $158.4 earlier this year, but retreated shortly after; a sustained close above $145 for a week is necessary for a potential uptrend [5] - Currently, TSM's stock is trading within a $125-$145 range, which is being tested again [6]