About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Key TakeawaysNvidia stock has entered correction territory, which occurs when shares fall 10% from their peak.Despite the recent slide, analysts remain bullish on the chipmaking giant long term.The company's stock took a slight hit last week after Chinese regulators said they would investigate the company for potential violations of anti-monopoly laws. Nvidia (NVDA) stock slipped into correction territory Monday, but analysts are still bullish on the chipmaking giant.  Nvidia shares fell 2% intraday Monday ...

The chipmaker and de facto artificial intelligence trade has rallied 165% this year amid ongoing excitement for the buzzy technology trend. However, shares have faced a sluggish stretch in recent month. The stock is down 5% in December and officially more than 10% off its record close.The recent underperformance in Nvidia could signal some profit taking after another marquee year. At the same time, the market has continued powering to new highs. That could be a warning signal if the pattern continues, with ...

Semiconductor titan Nvidia (NASDAQ: NVDA) has been one of the main beneficiaries of the ongoing shift toward artificial intelligence and automation. Not only is the business one of the top candidates to become the first company to reach a market capitalization of $4 trillion — but major institutional players like Saxo Bank see it reaching a market cap as high as $7 trillion next year.Nvidia stock has benefited enormously from the company’s cutting edge suit of products — with demand for the latest line of B ...

The S&P 500 is poised for a Santa Rally and is expected to extend its winning streak in the new year, banking on Donald Trump’s election win and potential interest rate cuts. Hence, investors should seek out profitable stocks over unprofitable ones that can take advantage of the broader index’s upward trajectory.To that end, NVIDIA Corporation (NVDA) and Royal Caribbean Cruises Ltd. (RCL) are worth buying because of their high net income ratios.Net Income RatioThe net income ratio shows a company’s profitab ...

Over the past two years, semiconductor stocks and artificial intelligence plays have seen significant returns. One of the frontrunners in this race is Nvidia (NASDAQ: NVDA), currently the world’s premier chipmaker.With a cutting-edge advantage in terms of technology and a vibrant ecosystem oriented toward enterprise solutions, the Jensen Huang-led tech powerhouse has positioned itself as a key part of the ongoing automation revolution. Nvidia stock has seen prices increase by 177.53% on a year-to-date (YTD) ...

When it comes to the semiconductor industry, there are many areas of intrigue. Chip designers like NVIDIA NASDAQ: NVDA immediately come to mind, as well as fabricators like Taiwan Semiconductor Manufacturing NYSE: TSM. The rise in Marvell Technology NASDAQ: MRVL shares over the past few months highlights the demand for customized chips. Another key area of this market is the companies that produce the equipment needed to actually put these chips together. Fabricators like TSMC buy this equipment from firms ...

This has been a fantastic year for stocks, starting out on a bright note, with the S&P 500 (^GSPC -0.00%) confirming the market's presence in bull territory. The benchmark then went on to hit multiple record highs and today is heading for a 26% annual increase. The Nasdaq (^IXIC 0.12%) and the Dow Jones Industrial Average (^DJI -0.20%) advanced too, climbing 32% and 16%, respectively. This plus the fact that more than three-quarters of the 30 Dow Jones Industrial Average stocks are heading for gains this ye ...

Nvidia’s (NASDAQ: NVDA) share price is under pressure after falling below $140, but technical indicators suggest a potential breakout as the year ends.The semiconductor giant ended the latest trading session valued at $134.25, down over 2% for the day. On the weekly chart, NVDA is down about 3%. The company’s venture into artificial intelligence (AI) has helped the equity rally 178% year-to-date.NVDA YTD stock price chart. Source: FinboldNVDA’s end year rally When looking at the next price target, a stock t ...

Nvidia (NVDA -2.25%) has been one of the best performing stocks over the past few years, a run that catapulted it into the world's most valuable company. But over the last month or two, it slipped to second place and then -- briefly -- to third, behind two other big tech companies, Apple and Microsoft.But don't give up on Nvidia just yet, which rebounded to the No. 2 spot with a market cap of $3.41 trillion. Many Wall Street analysts think the best is yet to come for this crucial supplier of chips to power ...