DeepSeek has shaken up the AI world, raising questions about its capabilities, and security risks. But the future of AI still relies on American silicon despite the hype.
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Continuing its impressive eighteen-year winning streak, Apple has managed to secure first ranking on Fortune's annual 'Worlds Most Admired Companies' list once again.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, amid panic over DeepSeek.
After Nvidia's DeepSeek-driven dive this week Apple is once again top dog on Wall Street. The iPhone-maker's weighting in the S&P 500 is 7%, just above Microsoft on 6.5% and Nvidia, now third on 6.15%.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
In a recent post on X (formerly Twitter), the cloud gaming service announced the latest update to the GeForce Now app adds support for cloud streaming on the Apple Vision Pro, Meta Quest 3, Quest 3S, Pico 4 and Pico 4 Ultra. Users with these headsets should be able to access the entire catalogue of titles available on Nvidia's cloud gaming service.
Plus: How AI propelled Nvidia up the list and other insights from this year's survey of corporate reputations.