Wall Street, ai and NVIDIA stock
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NVIDIA Q3 earnings beat estimates, boost tech stocks
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The swift expansion of expensive AI infrastructure and the high capital demands for generative AI, in comparison to earlier cloud technologies, have left
Palantir Technologies has been one of the most favored investments on the market in recent years. The stock has risen 160% in the past year as investors have rushed to buy its shares hand over fist to capitalize on the fast-growing demand for artificial intelligence (AI) software.
Federal Reserve Vice Chair Philip Jefferson on Friday said he feels the current surge in stocks related to artificial intelligence is unlikely to be a replay of the late 1990s dot-com stock boom that ended in a bust,
"Don't just sell because of the bubble," the legendary hedge fund manager said. Stocks soared on Thursday amid renewed confidence in the AI trade.
Asian semiconductor stocks tumbled on renewed fears of an artificial-intelligence bubble, tracking U.S. declines from Thursday. European chip shares fell too. Shares in [Samsung Electronics](
Crude’s decline came after Ukrainian President Volodymyr Zelenskiy agreed to work on a peace plan, raising the likelihood of Russian energy re-entering into global supply. However, the decline also came as US sanctions on two Russian oil giants took effect today.
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Hardware firms have been the big AI winners, but Goldman flags a handful of stocks that could be the top beneficiaries of AI-fueled productivity gains.
AI developers’ ambitious spending plans and rapid user adoption indicate the global rally in their stocks will persist despite bubble concerns, according to Fidelity International.
Nvidia's Q3 earnings report states that all Nvidia AI cloud GPUs are sold out. In today's video, I discuss recent updates affecting Nvidia ( NVDA 1.06%) and other artificial intelligence stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.