Key Points Revenue soared more than 50% to $46.7 billion with data center sales hitting $41.1 billion, while gross margins topped 72% and the board approved a fresh $60 billion buyback. Capital equipment spending has reached levels reminiscent of past tech bubbles, raising questions about whether AI investments can deliver promised returns. Beyond today's AI frenzy, Nvidia's positions in quantum computing, robotics, and industrial automation could drive the next decade of growth. 10 stocks we like b ...

Richtech Robotics (RR) is a Zacks Rank #2 (Buy) that has an F for Value and an F for Growth. The is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors.  Robotics is an up and coming industry and we are not talking about circular devices that replace your vacuum cleaner, these are machines that can handle complex tasks.  Let’s learn more about why this stock is the Bull of the Day.Description                                     ...

We haven't touched on the China data yet because it could be too strong a strong set of data when it comes to industrial profits and the equity market performance continues to push higher in mainland China and Hong Kong. But what are the future catalysts. How how are markets adapting to the reality on the ground in China.Yeah, hi. Good morning, Tom. So we have plenty of enthusiasm today and for most of the recent months as well, we've got a 2% gain more or less on the Hang Seng so far, gains in the mainland ...

Amazon's stock could be set to outperform after lagging this year.The market has put up a strong run this year, with the S&P 500 and Nasdaq charging to fresh highs, but Amazon's (AMZN 0.78%) stock has sat on the sidelines, basically flat. That disconnect is worth paying attention to. Amazon is firing on multiple cylinders across its businesses and has put itself in a position to generate stronger profits in the years ahead.While the stock may look stuck, the fundamentals underneath are moving in the right d ...

Cathie Wood, head of Ark Investment Management, is known for betting on tech companies she believes can “disrupt” the future. But she doesn’t hesitate to shuffle her portfolio, sometimes trimming or adding to positions within days of making a move. That’s what she just did, selling shares of a hot tech name only a week after buying them. Wood’s funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In January and February, the Ark funds rallied as investors bet on ...

This little solar stock still has a bright future.Nextracker (NXT -0.48%), a leading producer of solar tracking systems, went public at $24 per share on Feb. 8, 2023. Today, its stock trades at about $73. That rally was fueled by the warming solar market, which boosted its bookings, margins, and profits.But should investors still buy Nextracker's stock after that massive rally? Let's review its business model, growth rates, and valuations to decide. What does Nextracker do?Nextracker's solar tracking system ...

Joining us now to discuss is George Janericus, analyst at Canicuity. George, it's great to see you. >> Nice to see you too, Melissa.>> Um, there's two issues here. That is reducing the reliance on rare earth from China and elsewhere. And then there's the issue of the momentum in the stocks.And they seem to be sort of different issues because I'm not sure if if taking a stake in a in a mining company that has a mine that just opened is going to really do the trick. But we are seeing the excitement in in the ...

Raymond James analyst sets a new price target for JBL at $260, indicating a potential 23.69% increase.JBL's stock experienced a decline despite reporting strong fourth-quarter results and providing positive guidance for the upcoming quarter.The company's strategic use of AI and robotics is expected to boost its AI-related sales by 25% next year.Jabil Inc. (NYSE:JBL) is a global manufacturing services company that provides design, manufacturing, supply chain, and product management services. It operates in v ...

（原标题：Meet the New "New Trio" ，China's Answer to Tech Revolution丨CBN Perspective） In AI, multiple enterprises already hold a market cap of over 100 billion yuan. The colloquial "Ji Lian Hai" refers to Cambricon, Foxconn Industrial Internet, and Hygon—firms focusing on AI computing chips and infrastructure. Their order books and profit margins hit record highs in H1 2024. Meanwhile, "Yi Zhong Tian" denotes Eoptolink, Zhongji Innolight, and Tianfu Communication, whose optical modules are in high demand for hig ...

Amazon could surpass the combined market value of Palantir and Nvidia within five years as AI innovations drive profitability.Nvidia and Palantir Technologies are two of the most popular artificial intelligence stocks. Their collective market value is currently $4.7 trillion. I think Amazon (AMZN -0.84%) can surpass that figure by 2030. Here's what my prediction means for shareholders:Amazon is currently worth $2.3 trillion. Its market value must increase 109% to reach $4.8 trillion, and reaching that figur ...