Goldman Sachs expects a new round of positive earnings revaluation for NVIDIA (NVDA.US), supporting its stock price to continue to rise.

Goldman Sachs released a report, indicating that they had a team meeting with Colette Kress, the CFO of Nvidia (NVDA.US), to discuss topics including the development of generative AI models, future capital expenditure plans, etc. Goldman Sachs confirmed their opinion that the generative AI expenditure cycle will continue, and Nvidia will maintain its leading position through rapid innovation, reiterating their "buy" rating (listed on the "conviction buy" list for US stocks) with a target price of 135 USD in the next 12 months. In the short term, Goldman Sachs estimates that Nvidia's primary cloud solution provider customers will increase capital expenditure in the next two years, and Nvidia will benefit from this trend.

AASTOCKSJul 16 14:24

Amazing prediction! Nvidia (NVDA.US) plummets by 6% and put options see a staggering one-day gain of $6 million.

At the time of the sharp drop in Nvidia (NVDA.US) stock price, traders who shorted the company in the options market seem to have earned over 6.5 million dollars.

Zhitong Finance39minutes ago

Nvidia's Blackwell is about to be shipped! However, the server segment is facing bottlenecks, all due to this one component?

ODM manufacturers of servers expect that the mass production of Nvidia's Blackwell series chips will increase customers' willingness to adopt liquid cooling.

科創板日報Jul 17 15:02

"Seven giants" lost a total of 580 billion USD in market cap in a single day, Goldman Sachs says: There is only one way for US stocks to go, which is down.

On Wednesday, the Nasdaq 100 index experienced the largest single-day decline since December 2022. Goldman Sachs strategist warned that the S&P 500 index has no choice but to continue to fall. He cautioned against buying on dips!

Golden10 Data41minutes ago

U.S. stock market close | Dow continues to hit new highs, Nasdaq falls sharply by 2.8%, the worst in a year and a half; ASML Holding falls nearly 13%, leading the chip stocks decline, Nvidia falls more than 6%.

The PHLX Semiconductor Index suffered a brutal 7% decline, with Nvidia dropping the most at 6.6% among the 'Tech Seven Sisters'. ASML Holding plummeted nearly 13% and was once halted. Applied Materials, AMD, and Lam Research fell by more than 10%. However, 'AI losers' such as Intel and IBM drew investor interest and ended up rising against the trend.

wallstreetcn46minutes ago

A trader made a profit of $6.5 million in one day by 'precisely short selling' Nvidia, and then allegedly locked in the profit.

Nvidia fell into a technical correction area in just one day. Earlier on Tuesday, 0.06 million put spread options contracts were bought at $119/$115, with a total cost of approximately $1.23 million. On Wednesday morning, about 58,000 of the same CFDs were exchanged at once, with a price of approximately $7.83 million. Market participants said the trading seemed to be closing out. If it was the same trader, the total profit would have exceeded $6.5 million.

wallstreetcn55minutes ago