) are rising following a JPMorgan upgrade on the stock from Neutral to Overweight, with a price target of $52 per share.Jp Morgan upgrading the soup maker to overweight from neutral a price target of 52.So it has been a while but they like it now and I went over some different reasons why they told their clients.
The chip giant briefly became the world's most valuable company last week, but investors will worry its rally driven by the AI frenzy may soon end. -- Losses are piling up in the crypto market after its second-worst weekly decline of 2024, a reflection of cooling demand for Bitcoin exchange-traded funds and uncertainty over monetary policy.
Stocks are hugely overvalued and the economy is faltering, paving the way for a stock-market crash and a recession, B. Riley's Paul Dietrich said. Traders have poured $5 billion into leveraged Nvidia ETFs. They're up 425% even after the stock's big wipeout. The success of single-stock ETFs that track Nvidia has yet to spill over to other leveraged ETFs that track mega-cap technology stocks.THE TRADER Nvidia stock has dropped—finally. But it’s not time to buy the dip just yet. If any stock appears unstoppable, it’s Nvidia. Since bottoming in November 2022, shares have gained more than 800%, making it the second-best performing stock currently in the index.
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