The S&P 500 index showed new technical sell signals even as the market rallied on hopes of strong Nvidia earnings, which ultimately disappointed. Nvidia's earnings fell short of analyst expectations, causing the stock to retreat and the overall market to stay flat. Key support levels for the S&P 500 are identified at 7,330 and 7,000, while put-call ratios continue to signal selling pressure. This suggests that despite short-term optimism, volatility and potential downside risks are increasing in the market.
Nvidia Corporation is reaffirmed as a Strong Buy with a price target of $398 per share, driven by strong demand for AI technologies and growing enterprise adoption. The upcoming Vera Rubin launch in 2027 is expected to enhance AI processing efficienc...
NVIDIA announced it will present at two major financial community events: the TD Cowen 54th Annual Technology, Media, & Telecom Conference on May 28, and the BofA Global Technology Conference on June 4. These presentations will be available via live ...
U.S. stocks fell modestly midday Thursday as Treasury yields rose and crude oil prices climbed above $100 per barrel, driven by renewed geopolitical risks from Iran's hardened stance on uranium exports. Despite Nvidia's strong earnings report with re...
Nvidia reported strong Q1 FY27 earnings with better-than-expected results and raised guidance, keeping its stock stable. The company is expected to benefit from the Vera Rubin product ramp in Q3 FY27, and its stock trades at a discount compared to pe...
Nvidia posted an 85% year-over-year revenue increase and raised its full-year 2027 guidance, underscoring its leadership in AI technology development. Despite strong earnings, the stock's price movement suggests investors worry that much of the poten...
