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Nvidia stock rises to intraday record high as Wall Street stays bullish ahead of earnings

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Nvidia Notícia

Justin Sullivan,Bank Of America,Earnings Reports

Nvidia stock hit an all-time intraday high Monday as Wall Street analysts raised their price targets on the AI chipmaker.

) shares rose to a new intraday high on Monday, as Wall Street analysts hold firm to their bullish positions on the stock ahead of its earnings report in November.

In addition to growth in the AI market at large, Bank of America analyst Vivek Arya said Nvidia’s strength in the enterprise AI space — i.e. its partnerships with companies such as Microsoft and Accenture — is another factor contributing to his higher price target. Arya said “NVDA is the partner of choice” for enterprise AI hardware and software.

Some 67 analysts have Outperform ratings on Nvidia stock, while 7 maintain a Hold rating, and only one recommends selling shares.Around 75 visitors had bought tickets and lined up to enter the metallic honeycomb design as it opened Monday morning. Within minutes, they passed through a security checkpoint and buzzed about the stairways and vista platforms, the highest of which is around 150 feet .

MONTREAL — A new public health report says economic inequality has wide-ranging effects on Montreal children’s health and development, affecting everything from high school graduation rates to screen time.The space rock that slammed into Earth 66 million years ago at the end of the Cretaceous Period caused a global calamity that doomed the dinosaurs and many other life forms.

 

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