Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, VandaTrack said.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
Technology stocks were rocked to their core Monday after claims made by a Chinese start-up threatened to upend the existing artificial intelligence (AI) paradigm.
Nvidia (NASDAQ:NVDA) stock experienced a big shock earlier this week, making a bit of history. Chinese AI startup DeepSeek’s latest AI model –
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.
Massive artificial intelligence spending supercharged its growth, but with Nvidia due to report earnings on Feb. 26, Wall Street suggests the semiconductor stock may soon hit a ceiling. Analysts have assigned a consensus one-year price target on NVDA stock of $164 per share. That implies only a 15% gain over the next 12 months.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
David Shaw's D.E. Shaw bought 5.9 million shares of Nvidia, increasing its position by 53%. Nvidia is now the largest holding. Meanwhile, D.E. Shaw sold 8.7 million shares of Palantir, reducing its stake by 45%.
This week’s China threat is DeepSeek, an Open-Source AI platform that alarmists are signalling proves China is stealing our personal data.
Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market. The S&P 500 rose 0.1% in midday trading Thursday. The
Silicon Valley needs to respond to Wall Street about AI when it reports quarterly results, but it doesn’t need to panic.