The AI trade isn't about Nvidia anymore, according to Goldman Sachs. Instead, invest in companies with AI-enabled revenues.
Shares of NVIDIA Corp. and Goldman Sachs are retreating Tuesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 112 points (0.3%) lower, as shares of NVIDIA Corp.
Dow Jones banking giant Goldman Sachs and Nvidia stock are in or near buy zones Monday despite Friday's stock market sell-off.
To continue developing new AI models and processing all of the requests being made by current ones, companies need to upgrade their data centers to accelerate their computing power. That means, according to Nvidia's earnings calls, that tech giants are transitioning from general-purpose data centers to AI ones.
Nvidia’s earnings beat expectations, driven by demand for its artificial intelligence chips. On the day Nvidia reported earnings, the U.S. yield curve inverted.
The AI trade isn't about Nvidia anymore, according to Goldman Sachs. Instead, invest in companies with AI-enabled revenues. The top US merger banker last year was a woman. Meet her and 19 other ...
Goldman Sachs raised its price target on Super Micro Computer (SMCI, Financials) to $40 from $36, maintaining a Neutral rating as it reassessed the company's valuation based on a 10-times next-twelve-month-plus-one earnings per share multiple.
Even before Friday’s slide jolted the US stock market out of its calm, some traders were preparing for unrest.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Goldman Sachs said the gloomy sentiment was spread across all geographic regions, but mainly in North America and part of Asia, and was seen in almost all company sectors, except for communications se
The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite indices staged a stunning recovery on Friday, a day after US President Donald Trump hinted at 25 per cent tariffs on imports from the EU rattled major markets in the region and even elsewhere.