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NVIDIA 850 ABOVE 815 SL 805 Reason Why Nvidia Will Still Growing Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for growth1. Cloud-Based Software Dominance: The pandemic accelerated the adoption of cloud-based software and computing. NVIDIA’s GPUs play a crucial role in data centers—the brains behind cloud services. In Q1 2021, NVIDIA’s data center revenue hit a record high of $2.05 billion, accounting for 36% of total sales. Major players like Microsoft’s Azure Cloud, Google Cloud, and Amazon’s AWS rely on NVIDIA’s GPUs for data operations1. AI and Deep Learning: Artificial intelligence (AI) systems demand fast and reliable processors. NVIDIA’s GPUs are unmatched for training and running AI systems. Their focus on research and development ensures they stay at the forefront of AI technology1. Competing with Giants: NVIDIA is developing its own cloud services, including AI Enterprise and the Base Command Platform. They’re also venturing into creative collaboration tools with Omniverse. These initiatives put them in direct competition with tech giants like Amazon, Apple, Alphabet, and Microsoft1. Analyst Estimates: While NVIDIA’s stock has rallied significantly, its price-to-earnings (P/E) ratio remains high. However, analysts estimate that by fiscal 2025, their earnings per share could double, making the stock more attractive2.
NASDAQ:NVDALong
by NYRUNSGLOBAL
Beautiful Breakout and strong fundamentals - AppLovin NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy. They have been steadily increasing cash flow on top of accelerating earnings growth. The last 3 quarters it's beat analyst estimates and it's my personal opinion that we are in the midst of a era where web apps as well as mobile apps are being developed very rapidly, increasingly by individuals and smaller companies. Net Income, Margins and Returns on Equity and Assets are all increasing. No wonder it's more than quadrupled since it's bottom of $9.00 Think of Streamlit, for you coders, and Snowflake's NYSE:SNOW increasing presence in owning these, and similar technologies. NASDAQ:APP is operating in a similar space and they really offer it all when it comes to building applications for your business. The estimate revisions are surprising and look very strong going into next year. See the Zack's Estimate Revisions below. (Current Quarter/Next Current Year/Next) CQ NQ CY NY Current 0.56 0.59 2.48 3.08 7 Days Ago 0.56 0.59 2.48 3.08 30 Days Ago 0.33 0.31 1.56 1.71 60 Days Ago 0.33 0.31 1.58 1.71 90 Days Ago 0.33 0.31 1.58 1.63
NASDAQ:APPLong
by DontSlamTheDoor
Nvidia's Spectacular Rise: A $2 Trillion ValuationNvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI sector. Dell's rosy outlook, particularly regarding the surge in orders for AI-optimized servers powered by Nvidia's ( NASDAQ:NVDA ) processors, served as a catalyst for the market frenzy. With Dell's shares soaring to record highs, Nvidia's ( NASDAQ:NVDA ) stock surged by 3.6%, solidifying its position as a dominant force in the AI ecosystem. At $2.05 trillion, Nvidia ( NASDAQ:NVDA ) now stands as the third most valuable company on Wall Street, trailing only behind tech behemoths Microsoft and Apple. This remarkable valuation underscores the pivotal role Nvidia ( NASDAQ:NVDA ) plays in shaping the future of AI-driven innovation. The ripple effects of Nvidia's success were felt across the semiconductor industry, with companies like Super Micro Computer, Broadcom, and Marvell Technology witnessing significant gains. The PHLX chip index itself rallied to a record high, reflecting the widespread enthusiasm for AI-related investments. Nvidia's stranglehold on the high-end AI chip market, with prominent clients including OpenAI, Microsoft, Alphabet, and Meta Platforms, highlights its unrivaled position in driving advancements in generative AI technologies. As demand for its components continues to soar, Nvidia's stock has emerged as the most traded on Wall Street, surpassing even the likes of Tesla. The meteoric rise of Nvidia's ( NASDAQ:NVDA ) stock, which has surged by 65% in 2024 alone, underscores the insatiable appetite for AI-driven solutions and the company's relentless pursuit of innovation. With its stock market value eclipsing that of tech giants like Amazon and Alphabet, Nvidia ( NASDAQ:NVDA ) has firmly cemented its status as a powerhouse in the tech industry. While Nvidia's ( NASDAQ:NVDA ) journey to a $2 trillion valuation is nothing short of remarkable, it also poses challenges and scrutiny. Questions about market dominance, supply chain constraints, and the sustainability of growth loom large as Nvidia ( NASDAQ:NVDA ) continues to chart its course in the ever-evolving landscape of AI technology.
NASDAQ:NVDALong
by DEXWireNews
DUOL- AI Translation Services for global apps LONGDUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag pattern typically forecasts a leg of a bullish continuation higher after some consolidation. Options for March 15 went 2.5X overnight. Half the position off the table taking profits. the other half awaiting the continuation. The risk here is those taking profit or short selling outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for further profit and will assume the risk. profit
NASDAQ:DUOLLong
by AwesomeAvani
[enqAIUSD] New Gem, Still unknown and unoticed. added on Dec.BIGHello, I stumbled upon this one when I was searching for new AI cryptos since I missed the fetch, agix etc pump... This one is a good project I went though their documentation. They are serious and major plans lay down already. ONLY on ETH swap and CoinEx(was JUST added 2 day ago chart still NOT on TV) at the moment. as soon as it will be noticed... you should know what's gonna happen. This is a project that might end up on Binance... Cheers
UNISWAP3ETH:ENQAIWETH_E4E86C.USDLong
by KinkoHyoTrading
If Seize the Day was a Company: Nvidia’s Formidable RiseUnhinged demand for Nvidia’s AI chips bumped the company’s valuation to $2 trillion, adding half of that in less than four months. Read how it happened. Table of Contents Genesis Compiling Speedrun Benchmark Spillover Overclock Much? Rage Quit More Players Exit Wild Rivals Appeared! Runtime Genesis It’s a crisp, sunny morning in 1993. You’re at your local diner in Silicon Valley, casually sipping your coffee and waiting for your meal. At the table next to you, three engineers are cranking on caffeine and dreaming up a gig that would end up changing not only their lives, but also usher in a new era of computing. It’s the three founders of a company called Nvidia (ticker: NVDA ). A business-savvy 30-year-old Oregon graduate Jensen Huang, hardware savant Chris Malachowsky and software geek Curtis Priem spun up the business more than 30 years ago. Together, they set up their venture in a bid to bring 3D graphics to the gaming space. Compiling Today, the thriving company is doing much more than that. Nvidia, which traces its humble origins back to a Denny’s diner, is now the backbone of the artificial intelligence revolution. Nvidia was for a long time shoved into the deeper corners of the gaming space and was barely known to the public. For most of its existence, it’s been making graphics cards, which are used by gamers, crypto miners, plain PC users and professionals from various industries. The company’s booming business line right now is AI chips—hardware pieces essential for training large language models, the type that underpins systems like OpenAI’s ChatGPT.  AI chips have also underpinned another side of Nvidia—they’ve touched off a monster rally in its share price. Enough to catapult its valuation to the Top 3 of America’s biggest companies , right after iPhone maker Apple and software heavyweight Microsoft. Speedrun It took just about 24 years for Nvidia to step into the exclusive $1 trillion club, having started trading as a public company in 1999 at a $625 million valuation. Then in the span of just four months—November 2023 through February 2024—Nvidia added its second trillion, largely thanks to its timely expansion from its flagship products to the powerful AI chips. Now, Nvidia is comfortably sitting in the Top 5 of the world’s largest companies . “A whole new industry is being formed, and that’s driving our growth,” chief executive Jensen Huang told shareholders right after the company published jaw-dropping 265% revenue growth for the final quarter of 2023. The chip darling picked up $22.1 billion in sales, up from $6.05 billion a year ago. Profits swell to more than $12 billion. Source: Stock Analysis Benchmark The earnings release fueled a never-before-seen $277-billion boost to the chip maker's valuation. It was the biggest one-day gain in history of the stock market, surpassing Meta’s recent $204.5 billion pump . On the second day after the December-quarter financials were published, Nvidia went on to soar above $2 trillion in value with shares changing hands at more than $800 a pop. Not only that, but the AI trailblazer’s report jolted markets so much it set off a buying spree on a global scale. Spillover In the US, the broad-based S&P 500 index notched an all-time high, joined in record territory by the Dow Jones Industrial Average. In Japan, the diverse Nikkei index broke out to a fresh record after 34 years of languishing performance. Nvidia’s magnificent rise has propelled Huang’s personal fortune to roughly $70 billion, a reflection of his 86.6 million shares, or 3.6% of the company. Is it time for an attire upgrade away from the black leather jacket? Shares of the company more than tripled in 2023 and pumped over 60% for the first two months of 2024. Jensen Huang wearing his signature leather jacket—an outfit picked by his wife and daughter. Source: nvidianews.nvidia.com Overclock Much? The fundamentals behind the company’s breakneck growth are undoubtedly real. Demand for Nvidia’s most advanced GPUs, called H100s, is so big the chips are being delivered in armored trucks. Each one of them weighs about 290 lbs (130 kg) and will set you back about $30,000 if you’re lucky to get one. With that said, supply isn’t too loose with Nvidia holding about 80% of that market. What’s more, a new, more powerful H200 chip will be hitting the market in the second quarter of this year. So what does this mean for the unstoppable rally? Analysts are quick to say that as long as Nvidia maintains its tight grip over supply, outweighing demand should continue to drive the up-only narrative. Presently, Nvidia has the capacity to develop about 1.2 million AI-focused chips a year, far insufficient to meet the insatiable demand. To illustrate, Meta chief executive Mark Zuckerberg popped on Instagram to brag about his plans of securing 350,000 units of that good H100 stuff by the end of 2024. Besides the Facebook parent, Nvidia’s biggest customers are Microsoft, Google and ChatGPT owner OpenAI. Rage Quit The stampede by investors rushing to buy up stock wouldn’t be complete if it weren’t for the naysayers and doom-and-gloom forecasters. You’d be surprised to see who is on that list of permabears, slamming the chip maker and getting their short positions ready to fire. Or already fired. Following Nvidia’s post-earnings explosion, short sellers were left nursing paper losses in excess of $3 billion. Staring at giant drawdowns might sting just as badly as missing out the ride. Disruptive-tech investor Cathie Wood, CEO of investment firm ARK, said in 2023 that Nvidia was “ priced ahead of the curve .” By the end of the year, Wood had offloaded a stake worth more than $100 million. Estimations point that this early leave may be equal to more than $500 million in missed-out profits. There are other notable names in the investment space who got rid of—or heavily trimmed—their Nvidia shares by the end of last year. (Hedge funds and other investment managers who oversee at least $100 million are required to disclose their holdings in public companies each quarter through a form called 13F.) More Players Exit In its 13F filing with the Securities and Exchange Commission, George Soros’s family office Soros Capital had completely exited Nvidia in the third quarter, selling shares worth $4.9 million. Billionaire Stanley Druckenmiller’s family office held 875,000 shares of Nvidia going into 2023’s third quarter. By the end of the fourth quarter, that hefty stash had been reduced by roughly 40%. Druckenmiller still owns some $300 million in Nvidia shares and even scooped up call options with a notional value of $242 million. The sellers’ argument wraps around the heavily cyclical nature of chip demand. While in good times there’s euphoria and chip companies triumph, they could also be prone to setbacks once the tide turns. A fresh example from Nvidia’s recent performance is the 60% drop in its share price in the time span April through September 2022. Nvidia's share price endured a 60% drop between April and September 2022. Wild Rivals Appeared! Competitors from the hardware corner of the economy don’t sit idle while Nvidia goes on an all-out expansion mission. Advanced Micro Devices (ticker: AMD ) is already selling chips similar to the H100s and projects revenue to land at $3.5 billion in 2024. If that number is met, or even doubles, it still will be a blip compared with Nvidia’s $100 billion full-year revenue Wall Street expects. SoftBank-backed Arm Holdings (ticker: ARM ), whose stock is just as volatile , is in the AI race too. So is Intel (ticker: INTC ) — the US tech mainstay makes and sells chips that power generative AI software. Nvidia, meanwhile, is busy taking steps to try and cement its dominance in the AI space. It’s already in talks with big tech giants such as Microsoft, Amazon and Google over developing custom chips. Meanwhile, all three are manufacturing their own chips. Runtime The big question lingering on everyone’s mind is when will that dizzying AI boom come to a halt or at least pause for breath? Nvidia’s formidable rally, fueled by the rush for graphics processors, is the very definition of what seizing the day means. What’s a reason that may extend this run? One reason is that the company keeps adding blockbuster earnings quarter in and quarter out. A second one—Nvidia will need to find a way to work together with tech giants seeking to cut into the AI business. And thirdly, all that effort should eventually pay off by laying out the infrastructure that will foster the much-anticipated AI-driven productivity gain.
NASDAQ:NVDA
by TradingView
21
Retail investors' AI bet C3.ai's Shares Climb on Strong ResultsC3.ai. ( NYSE:AI ) With its shares soaring about 18% in premarket trading following robust third-quarter results and an optimistic full-year forecast, the Redwood City-based firm is proving to be a compelling contender in the AI market. Since the dawn of 2022, C3.ai ( NYSE:AI ) has seen its shares surge an impressive 165%, solidifying its position as a frontrunner in the AI software domain. However, despite this significant growth, it pales in comparison to the meteoric rise of industry titan Nvidia, which has witnessed a staggering 431% increase in market value over the same period. What sets C3.ai ( NYSE:AI ) apart is its strategic focus on catering to the burgeoning demand for AI solutions across various sectors, notably the federal market. Bolstered by a 23% surge in subscription revenue, the company's strong performance in the latest quarter underscores its ability to deliver results that surpass analyst expectations. Moreover, with subscription revenue accounting for approximately 90% of its total revenue, C3.ai ( NYSE:AI ) demonstrates a resilient revenue model that appeals to investors seeking stability amidst market volatility. Analysts, however, maintain a cautious stance, with the average rating for C3.ai ( NYSE:AI ) listed as "hold." Despite this, several brokerages have raised their price targets for the company, reflecting growing confidence in its long-term prospects. D.A. Davidson, for instance, raised its target price to $30, citing the company's notable success in securing multi-year subscription agreements and its expanding presence in the federal sector. Looking ahead, C3.ai ( NYSE:AI ) remains optimistic about its future trajectory, narrowing its 2024 revenue forecast to $306-$310 million. While this forecast surpasses analysts' estimates, it underscores the company's proactive approach to managing expectations and delivering sustainable growth. In a strategic move to strengthen its leadership team, C3.ai ( NYSE:AI ) announced the appointment of Hitesh Lath as its new Chief Financial Officer, effective March 1. With Lath's extensive experience in financial management, coupled with the continued presence of Juho Parkkinen as Vice President of Finance, the company is poised to navigate future challenges and capitalize on emerging opportunities.
NYSE:AI
by DEXWireNews
$TAO next stop $1000?I called out GETTEX:TAO at $250 on Feb 4. Since then it ran to $700 and has pulled back and consolidated between about $550 - $625. The chart has formed and if the market continues to move I think there is a chance the buyers come in to run this to 4-figures. This is entirely dependent on the market not nuking - but with the intense, likely institutional BTC buying over the past 48 hours and many retail investors sidelined with little exposure I think a full meltdown is unlikely. We also need the equity markets to stay hot - thats a different story in and of itself.
Long
by mikerays
WDAY, this software company reports today LONGWDAY provides software for large enterprises; it reports Monday the 26th after market hours. On the 15-minute chart, it is surging. A recent news catalyst was an upgrade to a target of $ 350. My call options went double digits from a buy on Friday the 23rd at the opening bell. This looks like a good one for earnings scalping whether it is with shares or a call option. (The $320 call option for 3/1 is up 42% so far since the morning open). WDAY is part of the AI trend; the real question is how much AI integration is built out at this time and what is waiting for design and testing before deployment.
NASDAQ:WDAYLong
by AwesomeAvani
4
Google Stock Slips As it Grapples With Al Tool CriticismGoogle ( NASDAQ:GOOG ) introduced the image generator earlier this month through Gemini, the company’s main suite of AI models. The tool allows users to enter prompts to create an image. Over the past week, users discovered historical inaccuracies and questionable responses, which have circulated widely on social media. “We have taken the feature offline while we fix that,” Hassabis said Monday during a panel at the Mobile World Congress conference in Barcelona. “We are hoping to have that back online very shortly in the next couple of weeks, few weeks.” He added that the product was not “working the way we intended.” Alphabet ( NASDAQ:GOOG ) shares fell almost 4% on Monday to $138.51 as of early afternoon. The controversy follows a high-profile rebrand Google ( NASDAQ:GOOG ) announced this month when it changed the name of its chatbot and rolled out a fresh app and new subscription options. The chatbot and assistant formerly known as Bard, a chief competitor to OpenAI’s ChatGPT, is now called Gemini, the same name as the suite of AI models that power the chatbot. Here are some examples of what went wrong. When one user asked Gemini to show a German soldier in 1943, the tool depicted a racially diverse set of soldiers wearing German military uniforms of the era, according to screenshots on social media platform X. When asked for a “historically accurate depiction of a medieval British king,” the model generated another racially diverse set of images, including one of a woman ruler, screenshots show. Users reported similar outcomes when they asked for images of the U.S. founding fathers, an 18th-century king of France, a German couple in the 1800s and more. The model showed an image of Asian men in response to a query about Google’s own founders, users reported. “The Gemini debacle showed how AI ethics *wasn’t* being applied with the nuanced expertise necessary,” Margaret Mitchell, chief ethics scientist at Hugging Face and former co-leader of Google’s AI ethics group, wrote on X. “It demonstrates the need for people who are great at creating roadmaps given foreseeable use.” Alphabet CEO Sundar Pichai is shouldering some of the blame. Pichai highlighted the firm’s commitment to AI during the company’s latest earnings call and said he eventually wants to offer an AI agent that can complete more tasks on a user’s behalf, including within Google Search. He said at the time that there is “a lot of execution ahead.” The latest problems with Gemini have reignited a debate within the AI industry, with some groups calling Gemini too “woke,” or left-leaning, and others saying that the company didn’t sufficiently invest in the right forms of AI ethics. Google came under fire in 2020 and 2021 for ousting the co-leads of its AI ethics group after they published a research paper critical of certain risks of such AI models and then later reorganizing the group’s structure. The controversy isn’t limited to Gemini’s image generator. On Sunday, a text-based user query went viral, asking the Gemini chatbot whether Adolf Hitler or Elon Musk’s tweeting of memes had a greater negative impact on society. “It is difficult to say definitively who had a greater negative impact on society, Elon Musk or Hitler, as both have had significant negative impacts in different ways,” Gemini responded. “Elon Musk’s tweets have been criticized for being insensitive, harmful, and misleading.” The model later added, “Hitler, on the other hand, was responsible for the deaths of millions of people during World War II.” Google ( NASDAQ:GOOG ) said in a statement Wednesday that it’s working to fix Gemini’s image-generation issues, acknowledging that the tool was “missing the mark.” The following day, the company announced it would immediately “pause the image generation of people” and “re-release an improved version soon.” Google ( NASDAQ:GOOG ) is investing heavily to push its AI work into the realm of AI assistants or agents, a term often used to describe tools ranging from chatbots to coding assistants and other productivity tools. AI agents could eventually schedule a group hangout by scanning calendars to ensure there are no conflicts, book travel and activities, buy presents for loved ones or perform a specific job function such as outbound sales. Currently, the tools are largely limited to tasks such as summarizing, generating to-do lists or helping to write code. Google’s ( NASDAQ:GOOG ) Gemini changes are a first step to “building a true AI assistant,” Sissie Hsiao, a vice president at Google and general manager for Google Assistant and Bard, told reporters on a call earlier this month.
NASDAQ:GOOG
by DEXWireNews
ADBE- Adobe is an AI stock but gets no credit Buy the Reversal ADBE and its Creative Cloud is most definitely part of the AI supertrend, It will help creative content work faster and with more creativity. The company has a healthy balance sheet and not a Johnnie Com-elately. As a megacap it does not move fast but it is as steady as it gets. Not to be in the headlines with ARM, PLTR, GOOG, MSFT and a whole bunch of others, it makes its money the old fashioned way it earns it keeping its legions of subscribers productive with its products and the support of them. On the 240 minute chart, I have shown price action cycling through a slow trend up and then a breakdown through the VWAP bands. Price is now reversing with a signal firing on the mass index indicator. The first target is 590 at the mean VWAP bandline while others are 615 and 640. In many ways software companies like PLTR and MSFT are hotter than Super Micro-Computers ASML and the semi-conductors. I need more software companies in my deployed plays. ABDE is setup for a trade up and I will take a long trade of stocks and some call options.
NASDAQ:ADBELong
by AwesomeAvani
The AI Crypto Boom: Is This the Beginning of a New Era?2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern. This bullish trend has inspired investors to have similar expectations for AI-related coins. AMD's Accumulation-Manipulation-Distribution Pattern: AMD is not a competitor of NVDA in this context, but rather an example of a successful "accumulation - manipulation - breakout" pattern. This pattern is characterized by a period of accumulation, where investors slowly buy up a coin, followed by a period of manipulation, where the price is artificially inflated, and finally a breakout, where the price rises sharply due to increased demand. Effect on Other Coins: The bullish trend in NVDA and the successful breakout of AMD's accumulation-manipulation-breakout pattern have led to a surge in AI-related coins such as RNDR, THETA, NEAR, and FET. A Look at Promising Coins: RNDR: Render Network utilizes a decentralized network for 3D graphics and video rendering. The rise of the metaverse could potentially drive demand for RNDR's services. THETA: Theta Labs aims to revolutionize video streaming by providing a decentralized content delivery network. The growth of streaming content could make THETA an attractive investment. NEAR: NEAR Protocol is a smart contract platform focused on scalability and speed. The growth of decentralized applications (dApps) could make NEAR a valuable choice. FET: Fetch.ai is developing a decentralized network for exchanging data and machine learning models. The growth of AI could increase demand for FET's services. Important Considerations: The cryptocurrency market is volatile and unpredictable. It is crucial to conduct your own research before investing in any coin. This article is not financial advice. Only invest what you can afford to lose. Conclusion AI-related cryptocurrencies are experiencing impressive growth. While it is impossible to say for certain whether this is the beginning of a new era, the possibilities of AI in the crypto space are worth considering. However, it is important to conduct thorough research and understand the associated risks before investing.
RLong
by Yaroslav_Krasko
17