Goldman Sachs reiterates a "buy" rating on Nvidia (NVDA.US) in view of AI infrastructure supply still lagging behind demand.
Goldman Sachs released a report stating that before nvidia (NVDA.US) disclosed its third quarter performance, the bank reiterated its "buy" rating and included it in the americas' "conviction buy" list. Although the bank expects that the first quarter performance to be disclosed by the company in April next year will be the truly "breakthrough" quarter, as it anticipates significant positive adjustments to earnings per share due to progress in Blackwell and improvements in the supply side conditions at that time. The bank believes that despite the ongoing controversy surrounding nvidia's customer return on investment (ROI) and its impact on future AI infrastructure capital expenditures, the positive earnings per share revisions by the company are expected to boost the stock.
Nvidia's stock price hits a new high again! Massive AI expenditures 'pave the way', can it become the big winner of the financial reporting season?
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With the arrival of the Trump 2.0 era, what big changes will the technology industry in the USA face?
①Without a doubt, Musk will be the biggest beneficiary; ②With the heads of the SEC and FTC being 'fired', the cryptos industry, technology giants such as Apple, are expected to see a bullish trend; ③Google will be an exception.
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US stock market early trading | Nasdaq rose nearly 1%, nvidia rose over 1% to hit a new high! Growth tech stocks, Chinese concept stocks rose across the board, xpeng surged over 12%
The three major stock indexes in the U.S. rose and fell unevenly, with the Dow and Nasdaq hitting historical highs at the beginning of the session. As of the time of writing, the Dow fell 0.05%, the Nasdaq rose nearly 1%, and the s&p 500 index rose 0.43%.
U.S. stock market abnormal movement | Nvidia rose more than 1.3%, hitting a new high. The total market value exceeds 3.6 trillion U.S. dollars, receiving a buy rating reiteration from Goldman Sachs.
Gelonghui November 7th | Nvidia (NVDA.US) rose more than 1.3%, reaching a high of $147.58, setting a new record high, with a total market value exceeding $3.6 trillion. On the news front, Goldman Sachs released a report stating a "buy" rating on Nvidia, while also including it in the "conviction buy" list. Although the company is expected to unveil breakthrough performance in the first fiscal quarter of next year in April, as Blackwell's rollout and improved supply conditions are anticipated to bring significant positive adjustments to earnings per share. The bank has set company's 2025 and 2026 fiscal year non-GAAP financial statements (non-
"US stocks" Dow Jones stabilizes in the early stage, NASDAQ rises by 1%, Nvidia and apple rise.
After the three major US stock indices surged above the previous high on Wednesday, the market is awaiting the interest rate decision to be announced by the Federal Reserve. The US stock market rose slightly on Thursday, with the Dow opening slightly lower but stabilizing, the Nasdaq leading the gains, rising nearly 200 points or 1% in early trading. The S&P 500 index opened 18 points higher or 0.3%, at 5,947 points; the Dow opened 11 points lower, at 43,718 points; the Nasdaq opened 100 points higher or 0.5%, at 19,084 points. Technology stocks are generally performing well, with Nvidia (NVDA.US), Apple (AAPL.US), and Amazon (AMZN.US) all up more than 1%. Tesla (TSLA.US) surged nearly 15% yesterday.
Express News | Nvidia's market cap reached $3.6 trillion.
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Xpeng's pre-market rise by nearly 6%, P7+ launched today, pre-sales orders hit a record high; Goldman Sachs: reiterates 'buy' rating for Nvidia, expects positive earnings revisions to boost stock price.
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