NVDA Jun 2024 860.000 put
- Yahoo Finance
Nvidia overtakes Microsoft as most valuable stock in the world
Nvidia is now the largest company by market cap, surpassing Microsoft and completing a stunning rise for the chipmaker over the last two years.
- Yahoo Finance Video
Everything with Nvidia is 'all good news' in near-term: Analyst
Nvidia's (NVDA) stock has skyrocketed this year, propelling markets to new heights with its unprecedented growth. Wedbush SVP of Equity Research Hardware Matt Bryson joins Morning Brief to shed light on his outlook for the stock. Bryson notes that anything related to Nvidia in the near term "it's all good news." With funding for AI initiatives consistently on the rise, Bryson says, "If everyone is spending on AI, things look really good." However, he acknowledges that the next generation of AI products will be the defining factor in determining the future gateway for AI offerings. Nonetheless, Nvidia's upcoming Blackwell platform is expected to continue fueling growth, according to Bryson. When it comes to the next catalyst for growth, Bryson points to Blackwell. Although the platform is not slated for release until the end of the year, Bryson remains unfazed, stating, "There's really, really strong demand 'til then, so I don't see any stumbling points... through the course of 2024." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith.
- Yahoo Finance Video
IPO market, Disney exec. talks AI: Asking for a Trend
It's not exactly summer just yet, but the markets (^DJI, ^IXIC, ^GSPC) are celebrating after all three of the major indexes closed Monday in the green. Asking for a Trend Host Josh Lipton gives viewers a look back on some of the day's biggest market stories. EquityZen Head of Market Insight Brianne Lynch joins the show to talk about the trends seen in the IPO market so far this year. Disney President of Global Advertising Rita Ferro sits down with Yahoo Finance's Rachelle Akuffo and Brian Sozzi at the Cannes Lions International Festival of Creativity in France, to talk about the media giant is utilizing AI in advertising across its streaming platforms. For more of Yahoo Finance's coverage of Cannes Lions International Festival of Creativity, click here This post was written by Luke Carberry Mogan.
