Nvidia's stock rose over 5% last week following record Q2 earnings and an upward revision of its long-term revenue forecast, driven by strong demand for its Blackwell AI architecture. Finbold's AI Agent predicts the stock could rally further, reaching a new all-time high by September 30, 2026, with price targets between $230 and $244.5 in the near term. Wall Street remains bullish, with an average 12-month price target of $325.23 and a 'Strong Buy' rating from 29 analysts. Nvidia's strong fundamentals and AI market position support continued growth in the coming months.
Google has released TorchTPU, its version of PyTorch that enables AI apps to run on Google's Tensor Processing Units (TPUs). This open-source project allows developers to easily migrate existing PyTorch apps to Google's AI chips and cloud with minima...
AI-related earnings growth in the S&P 500 is highly concentrated in companies like Nvidia, Micron, and Broadcom, which are expected to show near triple-digit growth. However, valuation discipline is crucial as premium multiples in companies like Tesl...
While semiconductor stocks dropped over 13% last week, Apple’s stock rose above $340, hitting near record highs due to its broad AI adoption across 2.5 billion devices and strong revenue growth of 16.4% year-over-year. Unlike chipmakers who rely heav...
Hedge funds sold technology stocks at the fastest rate in over ten years during the week ending October 15, 2026, with semiconductor stocks taking the biggest hit. This selling was primarily long liquidation, meaning funds sold shares they already ow...
OpenAI is aiming to raise $30 billion before its rival Anthropic goes public in mid-November, seeking to set a higher valuation benchmark for private AI investments. The funding round could value OpenAI at over $1.4 trillion, surpassing its previous ...
