Alphabet is best known for its Google subsidiary and has a market cap of about $2.4 trillion as of this writing. With a valuation of just 23 times forward earnings, there's also a solid case to be made that it is the cheapest of the Magnificent Seven stocks right now.
AI researchers and data scientists. Nvidia announced Project DIGITS — a desktop AI supercomputer with the company’s latest Blackwell AI chip starting at $3,000 — to enable AI researchers and data scientists to work on AI models without tapping “Nvidia’s cutting-edge AI chips housed in data centers,” the Journal reported.
Behind declines for shares of NVIDIA Corp. and Amazon.com Inc., the Dow Jones Industrial Average is declining Tuesday afternoon. The Dow was most recently trading 234 points lower (-0.5%), as shares of NVIDIA Corp.
Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.
AI chips sales drove Nvidia stock higher in 2024. Now Nvidia could be building out data centers to support a cloud-based AI software business.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Huang said he would do everything he can to help President-elect Donald Trump's administration succeed.
Discover how Nvidia Corporation's revenue soared in 2024, driven by hyperscaler investments in AI data centers, solidifying its dominance. Click for more on NVDA.
I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes analyses during a strong year for AI
I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes analyses during a strong year for AI
Palantir Technologies ( PLTR -2.52%) had an explosive 2024, reporting its highest profit ever, joining the S&P 500, and seeing its shares surge 340%. But the stock may have farther to go, possibly this year but particularly over the long term.
The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.