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Despite its hefty market cap, Nvidia still trades at a reasonable forward P/E ratio, just 45 times full-year earnings estimates. Wall Street analysts currently anticipate Nvidia's earnings growing by an average of almost 33% annually over the next three to five years. That is plenty of growth to justify owning the stock at these levels.
Analysts raise targets to $350 as orders hit $500B. Amazon secures GPUs for OpenAI in $38B deal. UAE export approved.
Microsoft Corp. once again surpassed $4 trillion in valuation, joining artificial intelligence chipmaker Nvidia in the exclusive club that also briefly included Apple on Tuesday.
Nvidia's secret to success isn't what most investors think. I recently wrote about how to find the next Tesla. And the answer wasn't as obvious as you might think. That's because investors often confuse results with process.
Despite a wave of key S&P 500 earnings and a Fed rate cut on deck this week, Nvidia is once again drawing the biggest headlines and driving the biggest market swings. The chip giant made a series of announcements Tuesday including: A $1 billion investment in Nokia, the legacy telecom company
Apple has joined one of the most exclusive clubs in business after its stock hit a record high on the back of strong iPhone 17 sales and AI buzz.
Meta Platforms is growing its revenue faster than almost every other "Magnificent Seven" company, yet its stock is the cheapest of them all.