NVIDIA Stock Gets a New Street-High Price Target
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Hedge fund billionaire Peter Thiel sold his entire stake in Nvidia and started a position in Microsoft during the third quarter.
In a memo to a Wall Street analyst, Nvidia directly responded to a recent X post from Michael Burry that was critical of the company.
Nvidia shares plummeted over 3% after reports emerged that Meta Platforms is negotiating to spend billions on Google's AI chips, signaling a significant challenge to Nvidia's dominance in the AI chip market.
The fifth metric is earnings per share. On a non-GAAP basis, third-quarter earnings per share came in at $1.30, up 60% year-over-year and 24% versus the second quarter. Generally accepted accounting principles (GAAP) earnings per share rose 67% year over year to $1.30 as well.
Nvidia (NVDA) shares edged slightly higher today, rising around 2% in the wake of recent market moves. Investors have been watching the stock's month-long performance and are considering what the subtle momentum means for valuation at current levels.
Earnings reports can swing fortunes overnight, and we saw a study in contrasts last week Nvidia (NASDAQ:NVDA) unveiled its third-quarter fiscal 2026 results last Wednesday after the market closed, posting record revenue of $57 billion — a 22% jump from the prior quarter and 62% year-over-year surge,
Advances in the field of artificial intelligence (AI) are having a profound impact on the technology landscape. The ability of these cutting-edge algorithms to automate repetitive chores, streamline tasks, and generate original content is saving time, boosting productivity, and freeing users for higher-value work.
Nvidia Corporation upgraded to Strong Buy as AI-driven data center demand fuels 35% upside. Click for my NVDA earnings update.
In the fast shifting world of artificial intelligence, dominance lasts only as long as innovation and confidence allow. This reality came sharply into focus when a single report triggered a dramatic wipeout of more than $150 billion from Nvidia’s market capitalization,
Michael Burry, the hedge fund manager who famously predicted the 2008 financial crisis, just delivered a scathing analysis of Nvidia Corp. (NASDAQ:NVDA) that challenges the AI darling’s reputation as a shareholder-friendly company—and his numbers tell