NVIDIA Corp.

Top Wall Street analysts say buy stocks like Disney & Nvidia

Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Rick Wilking | Reuters Even though the holiday week ended on a positive note for stocks, more volatility is likely in the cards. All eyes are on November’s upcoming payrolls report, …

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Abercrombie & Fitch, Disney, Best Buy, Zoom and more

A pedestrian stands outside of the Abercrombie & Fitch store on Fifth Avenue in New York City. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street’s revenue forecasts for the …

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US export restrictions of powerful chips to China hurt now, but should prove bullish long term

It’s understandable why the US felt the need to act swiftly to keep powerful semiconductors out of the hands of the Chinese government. It’s better to make a move from a position of strength before it’s too late. However, as shareholders of chip stocks, it still hurts. As you may recall, Club holding Nvidia (NVDA) …

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Macy’s, BJ’s Wholesale, Kohl’s and others

Check out the companies making headlines before the bell: Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-store sales fell less than expected and the company also raised its earnings outlook. related investing news Nvidia’s results suggest its gaming business is close to a bottom, …

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Apple’s buying US chips would help reduce geopolitical risk in Asia

Apple ‘s (AAPL) apparent plans to start getting some chips for its devices made on US soil is a strategic decision that should help the iPhone maker insulate itself from brewing geopolitical risks in Asia. The news Club holding Apple intends to use an Arizona manufacturing plant — set to come online in 2024 — …

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Opinion: This record number in Nvidia earnings is a scary sight

Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday season. Nvidia reported fiscal third-quarter revenue that was slightly better than analysts’ reduced expectations Wednesday, but the numbers weren’t …

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Nvidia earnings chopped in half, but tweaked servers to China offset earlier $400 million warning

Nvidia Corp. shares ticked higher in the extended session Wednesday after the chip maker said modified servers to China mostly made up for an expected $400 million shortfall due to a US ban on certain tech sales, and announced it’s making progress helping customers reduce high inventories. Nvidia NVDA, -4.54% shares rose 2% after hours, …

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Chinese takeover of biggest UK chip plant blocked by government

The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images The UK government has blocked the takeover of the country’s largest microchip factory by a Chinese-owned firm over concerns it may undermine national security. Grant Shapps, …

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