FMP
Jun 6, 2024 5:24 PM - Davit Kirakosyan
Nvidia (NASDAQ:NVDA) saw its shares inch up in pre-market trading today, suggesting the continuation of a rally from Wednesday. This surge has propelled the AI chip designer's market value beyond $3 trillion, surpassing Apple to become the second most valuable company globally.
The surge in Nvidia's value is largely attributed to the growing excitement around AI applications. Over the past year, the demand for its AI-optimized chips has increased significantly as more companies invest heavily in integrating this emerging technology into their operations.
In a surprising development earlier this week, Nvidia announced the upcoming release of its new "Rubin" chip, only a few months after its last product launch. This move comes as the company faces stiff competition from other chipmakers like Advanced Micro Devices and Intel, as well as from custom processors developed by major cloud computing companies such as Microsoft and Google.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...