NVIDIA Stock Gets a New Street-High Price Target
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Michael Burry, the hedge fund manager who famously predicted the 2008 financial crisis, just delivered a scathing analysis of Nvidia Corp. (NASDAQ:NVDA) that challenges the AI darling’s reputation as a shareholder-friendly company—and his numbers tell
In a memo to a Wall Street analyst, Nvidia directly responded to a recent X post from Michael Burry that was critical of the company.
Nvidia shares plummeted over 3% after reports emerged that Meta Platforms is negotiating to spend billions on Google's AI chips, signaling a significant challenge to Nvidia's dominance in the AI chip market.
The fifth metric is earnings per share. On a non-GAAP basis, third-quarter earnings per share came in at $1.30, up 60% year-over-year and 24% versus the second quarter. Generally accepted accounting principles (GAAP) earnings per share rose 67% year over year to $1.30 as well.
Nvidia (NVDA) shares edged slightly higher today, rising around 2% in the wake of recent market moves. Investors have been watching the stock's month-long performance and are considering what the subtle momentum means for valuation at current levels.
Nvidia Corporation upgraded to Strong Buy as AI-driven data center demand fuels 35% upside. Click for my NVDA earnings update.
Advances in the field of artificial intelligence (AI) are having a profound impact on the technology landscape. The ability of these cutting-edge algorithms to automate repetitive chores, streamline tasks, and generate original content is saving time, boosting productivity, and freeing users for higher-value work.
Earnings reports can swing fortunes overnight, and we saw a study in contrasts last week Nvidia (NASDAQ:NVDA) unveiled its third-quarter fiscal 2026 results last Wednesday after the market closed, posting record revenue of $57 billion — a 22% jump from the prior quarter and 62% year-over-year surge,
A report that Meta may shift billions in AI spending towards Google’s custom chips sent Nvidia shares lower, signalling early signs of a potential shake-up in the company’s near-monopoly of the AI hardware market.