NVIDIA Corp. stock rises Thursday, outperforms market
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 and the Dow Jones Industrial Average DJIA rising 1.
Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst
William Blair initiated coverage of Nvidia with an outperform rating. Analyst Sebastien Naji thinks investors are not accurately pricing in Nvidia's total addressable market. In doing so, Nvidia has reached a nosebleed valuation and now trades at 40 times forward earnings.
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Nvidia-backed Japanese AI startup Sakana valued at $1.5B after over $200M funding roundSakana AI, backed by Nvidia, raises $214M in Series A funding, with investment from Japanese companies. Read more here ...
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