NEW YORK (AP) — The U.S. stock market sank Monday as Nvidia and other superstars created by the frenzy around artificial-intelligence technology dimmed some more. The S&P 500 fell 0.9% and pulled further from its all-time high set late last month. The Dow Jones Industrial Average dropped 557 points, or 1.2%, and the Nasdaq composite … Read more
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is among the most fantastic stocks every investor should pay attention to. The company’s shares have gained nearly 48% year-to-date, and it remains a consensus Buy, with analysts expecting the stock to rise by almost 22% further. Pixabay/Public Domain Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) has been in a sweet … Read more
24/7/ Wall St. Nvidia (NVDA) sold by SoftBank for $3.3B in 2019 would now be worth over $150B. SoftBank liquidated its remaining 32.1 million Nvidia shares in October for $5.83B to fund new investments. SoftBank is deploying proceeds toward a $22.5B commitment to OpenAI and other AI ventures. If you’re thinking about retiring or know … Read more
LALAKA / Shutterstock.com Ahead of Nvidia earnings next week, analysts at Citi reiterated a buy rating on the stock, with a price target of $220 from $210. Analysts at Bank of America just reiterated a buy rating on Nike. The firm says the recent pullback offers an attractive opportunity. Some investors get rich while others … Read more