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Nvidia will rip 24% higher as it dominates thriving semiconductor markets through 2021, Bank of America says

9 days ago   |   By Business Insider

Mandel Ngan/AFP/Getty Images
Nvidia's strong third-quarter results are foreshadowing continued outperformance over the next year, Bank of America analysts said in a recent note. The team led by Vivek Arya lifted its price target on Nvidia shares to $665 from $650, implying a 24% rally from Thursday's closing level. Demand for Nvidia's chips "remains strong across some of the most desirable end-markets in semis," including gaming, artificial intelligence, and cloud computing, the analysts said. Bank of America expects Nvidia's earnings to grow 2% in 2021 and nearly double their 2020 levels...
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JPMorgan becomes first major bank to say first quarter GDP will decline because of coronavirus surge

9 days ago   |   By CNBC

Wall Street had been expecting a positive first quarter and improving growth next year.
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The Latest: Virus hospitalizations hit record in California

The Latest: Virus hospitalizations hit record in California

LOS ANGELES - More than 7,400 people are hospitalized for coronavirus in California, the state's highest number yet. Read more ...

Amazon's Cyber Monday 2020 tech deals are already live - save on Echo...

Amazon's Cyber Monday 2020 tech deals are already live - save on Echo bundles, Kindles, and more

Summary List Placement Amazon's Cyber Monday sale is already on, and its tech deals are pouring in. This year, we're seeing an emphasis on entertainment deals: TVs and speakers... Read more ...

Trump said world leaders complained to him about the election results - but...

Trump said world leaders complained to him about the election results - but most of them have already congratulated Biden

Summary List Placement President Donald Trump on Sunday suggested that several world leaders are backing up his unsubstantiated claim of election fraud, despite several of them... Read more ...

20 Holiday Email Subject Lines to Inspire Merry Messages

20 Holiday Email Subject Lines to Inspire Merry Messages

The holiday shopping season is in full swing! And that means everyone's on the lookout for the best deals from brands they love. But shopping may look a bit different in 2020... Read more ...

The Latest: New York City to reopen school system

The Latest: New York City to reopen school system

NEW YORK - New York City will reopen its school system to in-person learning and increase the number of days a week many children attend class even as the coronavirus pandemic... Read more ...

Fauci warns of uptick in COVID-19 cases from travel as over 5 million people...

Fauci warns of uptick in COVID-19 cases from travel as over 5 million people pass through US airports in the past week

Summary List Placement Dr. Anthony Fauci, the nation's leading infectious disease expert, warned that there is going to be an 'uptick' because of the amount of travel the US... Read more ...

Trump, without evidence, calls the 2020 presidential election results 'the...

Trump, without evidence, calls the 2020 presidential election results 'the greatest fraud in the history of our country from an electoral standpoint'

Summary List Placement President Donald Trump on Sunday called the 2020 presidential election results "the greatest fraud in the history of our country from an electoral... Read more ...

Amwell's CEO isn't scared by big tech and sees potential partnerships with...

Amwell's CEO isn't scared by big tech and sees potential partnerships with Google, Apple, Fitbit to push telehealth beyond video visits

Summary List Placement The notion of big tech companies moving into healthcare is enough to make many industry insiders cringe. But Ido Schoenberg, the CEO of telehealth... Read more ...

Investors like Alexa von Tobel want to see your startup's 10-year plan...

Investors like Alexa von Tobel want to see your startup's 10-year plan. Here's how to organize it in a pitch deck, including the business terms you must use

Summary List Placement When Alexa von Tobel was raising money for her startup LearnVest 11 years ago, she'd often tell investors that she dropped out of Harvard Business School... Read more ...

Couples agonize over whether to combine finances, but after working in the...

Couples agonize over whether to combine finances, but after working in the financial industry for years, I think they're missing a more important conversation

Summary List Placement Deciding whether to combine finances - including bank and investment accounts - is a big decision every couple must make. But beyond that, I think... Read more ...