Nvidia (NVDA) is within striking distance of its stock's all-time high as it re-approaches this record mark. The chipmaker has risen over 8% in the past five trading sessions, reporting this week that its Blackwell AI chips have already sold out for the next 12 months. Seana Smith and Madison Mills review the tailwinds for the chip giant since the late summer slump that hit the tech and chip sectors. Additionally, CoreWeave — a Nvidia-backed AI GPU (graphics processing unit) startup — has received a $650 million credit line from major banks like JPMorgan Chase & Co. (JPM), Goldman Sachs (GS), and Morgan Stanley (MS). To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
The Dow Jones Industrial Average (^DJI) is on the path higher, the index rising at Friday's session open as Big Banks kick off the third quarter earnings season. The tech-heavy Nasdaq Composite (^IXIC) dips by over 0.3% while Nvidia's (NVDA) stock price re-approaches its all-time high in recent sessions. Morning Brief anchor Brad Smith breaks down market moves after the opening bell, joined by Yahoo Finance markets and data editor Jared Blikre, who takes a closer look at the S&P 500's recent hot streak (^GSPC), trends in the 10-year Treasury yield (^TYX, ^TNX, ^FVX), and the crypto space. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
We recently compiled a list of the 35 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other trending AI stocks. Two years after the public debut of ChatGPT, the generative AI landscape has evolved rapidly, igniting substantial […]