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Prediction: Nvidia Stock Is Going to Soar in the Remainder of 2024

Wall Street expects Nvidia to deliver $4.02 in earnings per share during fiscal 2026, which places its stock at a forward P/E ratio of just 28.7. From that perspective, it actually looks quite cheap!

Barron's on MSN · 1d

Fed Matters More for Nvidia Stock Than a New AI Deal

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

Zacks.com on MSN · 17h

NVIDIA & 2 Other AI Stocks to Gain From Lower Interest Rates

On Wednesday, the Federal Reserve trimmed interest rates aggressively and penciled in further rate cuts by the end of the year. It slashed the benchmark interest rate by a half-point to 4.75-5% for the first time since March 2020.

Nvidia, Artificial intelligence

The Motley Fool · 3h

Meet the New Stock-Split Stock That Outperformed Nvidia in the First Half and Wall Street Thinks Could Almost Double

And this stock is Super Micro Computer ( SMCI 0.07%), a company that saw its stock price soar 188% in the first half, surpassing Nvidia's 149% increase. Though individual forecasts vary, the average Wall Street estimate calls for the stock to climb 90% from today's level.

Opinion

MarketWatch on MSN · 2d

Nvidia’s stock has room to run — but analysts see more upside for 6 other chip makers

The semiconductor space has been an important driver for the stock market, helped especially by Nvidia Corp.’s dramatic sales growth — the company’s most recent quarterly revenue was 4.5 times as high as it was two years earlier.

AOL · 21h

Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst

In doing so, Nvidia has reached a nosebleed valuation and now trades at 40 times forward earnings. Investors believe that Nvidia's stock doesn't have a ceiling right now, considering the potential of AI to disrupt life as we know it.

Nvidia, G42

Bloomberg L.P. · 8h

Nvidia Teams Up With AI Firm G42 to Create Climate Tech Lab

Nvidia Corp. is teaming up with Abu Dhabi-based G42 to create a climate technology lab, marking its first partnership with the United Arab Emirates’ top artificial intelligence firm.

Reuters on MSN · 5h

UAE's AI firm G42 and Nvidia to team up on climate tech

United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate tech, G42 said on Friday, ahead of the first-ever visit to the White House by a president of the UAE next week.

Seeking Alpha on MSN · 2h

Nvidia, G42 team to develop AI solutions for weather forecasting, climate tech

Nvidia (NASDAQ:NVDA) is collaborating with United Arab Emirates-based AI company G42 to advance climate technology, with a focus on developing AI solutions aimed at boosting accuracy of weather forecasting globally.

ExtremeTech49m

Report: Nvidia to Cease Production of the Vaunted RTX 4090 GPU

Nothing has been confirmed regarding the demise of the RTX 4090, but since Nvidia will likely announce Blackwell GeForce at ...

1don MSN

Nvidia’s stock picks up a new bull who says there’s ‘still room on this train’

A William Blair analyst cheers Nvidia’s moat and margins — while also weighing in positively on Broadcom and Arm shares.

16hon MSN

Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In

A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...

17hon MSN

Early Airbnb investor Rick Heitzmann tackles Nvidia earnings after stock crosses $1,000 mark

Rick Heitzmann, FirstMark Capital founder & partner, joins 'Fast Money' to talk Nvidia earnings and Apple's AI ambitions.

Nvidia's CEO Sold Over $700 Million in Stock. Should You Follow Suit?

Nvidia (NASDAQ: NVDA) CEO and founder Jensen Huang has been consistently selling some of his shares for months now. Even ...

Nvidia's stock market dominance fuels big swings in the S&P 500

Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader ...

Nvidia Holds the Key to the Market. But Is It Worth This Much?

One of the hazards of buying individual stocks is that their current price may have little to do with their fundamental value ...

SLB expands partnership with NVIDIA for generative AI in energy sector

Energy technology company SLB has expanded its partnership with NVIDIA to develop generative AI solutions for the energy ...

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