NVIDIA CORP - CybAI news

19 Aug

As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

stp2y0 CommentsRAG modelsartificial intelligence, BCA RESEARCH INC, Earnings, environment, ETF, Interest Rates, JULY SARL/CAEN, Markets, NVIDIA CORP, S&P 500 INDEX, stocks, Technology

The recent rebound in US tech stocks isn’t convincing options traders just yet. While the shares have led market gains since a meltdown earlier this month, the cost of contracts hedging against volatility in the largest exchange-traded fund tracking the Nasdaq 100 Index remains high relative to contracts on the SPDR S&P 500 ETF Trust. Source link lol

16 Aug

Big Tech Wipeout Turns to Dip-Buyer Bounty as Stocks Surge Back

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, environment, Federal Reserve, GOLDMAN SACHS GROUP INC, JULY SARL/CAEN, Markets, NVIDIA CORP, SEVEN, stocks, Technology, Valuation

It looked like a reckoning was arriving on August 5, when the Nasdaq 100 tumbled over 5% in the seconds after the opening bell, validating fears that a tech bubble was about to burst. Barely just two weeks and a few rounds of reassuring data later, virtually all those worries are being swiftly swept aside. Source link lol

16 Aug

Gold, Bitcoin, NVIDIA … Veganism? Why There’s Now an ETF for Seemingly Everything

stp2y0 CommentsRAG modelsbitcoin, business, ETF, Generic 1st 'BO' Future, Generic 1st 'GC' Future, Markets, Mutual Funds, new york, NVIDIA CORP, S&P 500 INDEX, stocks, Technology, the-big-take, US Securities and Exchange Commission

The market for ETFs is nearly 13 trillion dollars – and growing. But just what goes into an ETF? And why did they get so popular? Source link lol

15 Aug

Nvidia-Backed Cohesity Is Profitable, With 26% Revenue Growth

stp2y0 CommentsRAG modelsCash Flow, Government, infrastructure, IPOs, Markets, NVIDIA CORP, regulation, Sanjay J Poonen, startups, Technology, Utilities

Data security and management startup Cohesity is profitable and experienced revenue growth of 26% for its latest fiscal year, Chief Executive Officer Sanjay Poonen said in an interview on Bloomberg Television.Cohesity is backed by the SoftBank Vision Fund and Nvidia Corp. The company closed the fiscal year with $549 million in revenue, representing 26% growth from a year prior, Poonen said. It also turned free cash flow positive. Source link lol

15 Aug

Soros, Druckenmiller Pared Megacap Holdings Ahead of Summer Rout

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, BBG MAGNIFICENT 7 PR USD, David Alan Tepper, Fund Management, George Soros, Markets, META PLATFORMS INC-CLASS A, NVIDIA CORP, SEVEN, stocks, Technology

George Soros and Stanley Druckenmiller’s investment firms trimmed their holdings in “Magnificent Seven” stocks before this year’s ebullient run-up in technology companies gave way to a major downturn in mid-July.Soros Fund Management sold some of its stake in Alphabet Inc. totaling $58 million, and about $15 million of Amazon.com Inc., according to regulatory filings for the three months ended in June. Source link lol

14 Aug

David Tepper Sticks to China Bet While Trimming Nvidia Holdings

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, BAIDU INC - SPON ADR, china, David Alan Tepper, E-commerce, JD.COM INC-ADR, KE HOLDINGS INC-ADR, Michael James Burry, NVIDIA CORP, regulation, Technology

Billionaire investor David Tepper held about steady in the Chinese companies that he scooped up earlier this year, even as he trimmed his stakes in Alibaba Group Holding Ltd. and US tech giants.While Tepper’s Appaloosa Management cut its stakeBloomberg Terminal in Alibaba by about 7% in the second quarter, the Chinese e-commerce giant remains the fund’s biggest position, accounting for 12% of its $6.2 billion equity portfolio, according to a 13F regulatory filing Wednesday. Source link lol

14 Aug

Hedge Funds Add Apple, Reshuffle Technology Portfolio

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, AMAZON.COM INC, APPLE INC, artificial intelligence, Hedge Funds, iphone, JANUS HENDERSON GROUP PLC, Michael James Burry, NVIDIA CORP, Technology, THIRD POINT LLC

Hedge funds continued to buy into some of the biggest technology companies including Apple Inc. in the second quarter while trimming positions in Nvidia Corp., as they reshuffle their positions in the artificial intelligence boom that had fueled a blistering rally in the US stock market.The iphone maker saw the biggest increase by market value for a single stock in the three months through the end of June, according to Bloomberg’s analysis of data from 13F filings. The stock soared nearly 25% during the period, attracting an aggregated net buy of more than 8.5 million shares from hedge funds. Janus…

14 Aug

Receding AI Stock Euphoria Has Bulls Seeing Some Opportunities

stp2y0 CommentsRAG modelsARM HOLDINGS PLC-ADR, artificial intelligence, DELL TECHNOLOGIES -C, Earnings, hardware, infrastructure, Investment Management, NVIDIA CORP, stocks, SUPER MICRO COMPUTER INC, Technology

Skeptics had long warned that artificial intelligence-related stocks were in a bubble. Now that some of the froth has come off, bulls see an opportunity.Shares in makers of AI hardware and infrastructure — including Dell Technologies Inc., Super Micro Computer Inc., ARM Holdings Plc. and Nvidia Corp. — have come under huge selling pressure in recent months, bringing their valuations back down to earth. And with most of their big customers planning to continue spending billions of dollars on AI, some say that it’s time to selectively get back in. Source link lol

14 Aug

Hon Hai Shipments of Next-Gen Nvidia Chips to Be Limited in 2024

stp2y0 CommentsRAG modelsAmericas, artificial intelligence, Asia, Emerging Markets, engineering, HON HAI PRECISION INDUSTRY, infrastructure, Jensen Huang, NVIDIA CORP, Technology, Utilities

Hon Hai Precision Industry Co. will only start shipping a small volume of servers containing Nvidia Corp.’s next-generation chips in the fourth quarter, signaling the challenges the US AI accelerator designer faces in speeding up its innovation.Hon Hai’s shipments of servers containing GB200, or a Grace processor bundled with an upcoming Blackwell graphic processing unit, will grow significantly only in the first quarter of 2025, company spokesman James Wu told analysts in a conference call on Wednesday. The Taiwanese manufacturer will be one of the first server makers to ship gear containing GB200 chips, Wu added. Source link lol

14 Aug

Online Brokerage Popular With Young Koreans to Set Up Shop in US

stp2y0 CommentsRAG modelsAPEX FINTECH SOLUTIONS LLC, environment, fintech, new york, NVIDIA CORP, retail, South Korea, startups, stocks, Technology, VELOCITY CLEARING LLC

Toss Securities Co., one of South Korea’s leading platforms for trading US stocks, is setting up a New York subsidiary this year as more Korean retail investors pour money into US equities.The brokerage arm under Korean fintech leader Viva Republica Co. is seeking to outrun larger incumbents in US stock trades. Toss Securities was first in the country to adopt real-time fractional trading for US equities in 2022, and that practice, which allows investors to buy a sliver of a $116 Nvidia Corp. share, has won over young retail investors. Source link lol