Technical analysis suggests Nvidia's stock could fall sharply to $130 by December 2026, a 40% drop from current levels, despite recent strong earnings driven by AI demand. The stock is showing patterns similar to past major corrections in 2018 and 2022, with momentum indicators like the Relative Strength Index signaling a potential long-term bearish cycle. Nvidia's price has been trading within an 11-year ascending channel, and the recent peak in May 2026 may mark the start of a correction phase. Key support levels around $170 and $130 align with long-term moving averages, indicating possible downside targets if the bearish trend continues.
Demand for memory chips like HBM and DRAM is outpacing supply due to expanding AI infrastructure, keeping prices elevated through at least 2027. Leading memory producers such as Micron, Samsung, and SK hynix, who dominate the HBM market and hold mult...
The NEOS Nasdaq-100 High Income ETF (QQQI) provides a monthly income that appears nearly tax-free to retirees, as much of the distribution is classified as return of capital (ROC). This ROC lowers the investor's cost basis rather than being taxed imm...
The VistaShares Artificial Intelligence Supercycle ETF (AIS) has outperformed the Invesco QQQ Trust (QQQ) significantly, gaining 85.23% year-to-date compared to QQQ's 17.39%. Unlike QQQ, which heavily weights Nvidia, AIS holds Nvidia at just 2.5% and...
Lambda, an AI cloud company, secured $1 billion in private short-term debt to purchase Nvidia AI chips, which it will lease to Microsoft. This move is part of Lambda's strategy to quickly deploy chips and generate revenue to repay the debt. The compa...
The social media platform X revealed a probe uncovering a bot farm of around 200,000 suspected Chinese accounts, with 200 actively posting to sway debates on US artificial intelligence and energy policies. These accounts spread claims that AI data ce...
