It wasn't that long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. But it's also not that long since most computing was done with a PC. Read More...
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Why Nvidia Stock Will Bounce Around Today
Nvidia (NASDAQ: NVDA) shareholders should buckle up and prepare for turbulence on Tuesday, as Wall Street analysts are presenting conflicting opinions on where the stock’s heading in the Q1 earnings season. After opening up 2.8% this morning, Nvidia shares gave back all their gains just minutes later — only to U-turn again and resume rising. Yesterday, as you’ll recall, Nvidia stock got hit by a downgrade from investment bank R.W. Baird, which contributed to a decline of more than 5% in the semiconductor giant’s shares.
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