[ad_1] Big food companies are eager to hit the reset button on their narrative with investors, who have soured on the group amid the spread of the Ozempic craze and consumers balking at still-inflationary prices. Enter CAGNY, more formally known as the annual conference of the Consumer Analyst Group of New York. The event is … Read more
[ad_1] Given Nvidia (NASDAQ:NVDA) remarkable 214% increase in share price over the past year and with the stock at a near all-time high, you might not associate it with a favorable risk/reward profile right now. That, however, is exactly what Goldman Sachs’ Toshiya Hari, a five-star analyst ranked in the top 1% of stock market … Read more
[ad_1] (Reuters) – Nvidia shares hit a new high on Monday after Goldman Sachs raised its price target for the high-flying chipmaker’s stock in anticipation of a major boost to its profits from the rise of artificial intelligence ( AI). The stock rose about 4% to $689.21 and looked like it would add about $70 … Read more
[ad_1] A busy week of Big Tech earnings made us feel more confident about our investments in Nvidia, Broadcom and Eaton, as spending on AI chips and data centers remains a clear priority. This week’s quarterly reports from Club holding companies Alphabet, Microsoft, Meta Platforms and Amazon varied in overall quality, but a common thread … Read more