JJ8
10 hours ago
Trend Analysis
NVDA appears to be consolidating within a longer-term uptrend. The Average Directional Index, or ADX, is below 20, indicating that shares have traded sideways recently. However, the 200-day is still sloping bullishly upwards. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
Momentum for NVDA, as measured by a 14-period Slow Stochastic Oscillator, is waning. This means that investors are less aggressive in their recent purchases and may even be taking profits in positions bought at lower prices.
Today's volume is on track to be heavier than usual, with 112,350,943 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers, as of 12:41 PM ET Monday, 11/04/2024
Oleblue
14 hours ago
Why is this relationship important and who is Mukesh Ambani, the richest man in India:
Mukesh Ambani chairs and runs $120 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, retail, media and financial services.
Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire.
Reliance's telecom and broadband service Jio has 490 million subscribers. In July 2023, Reliance listed its finance arm, Jio Financial Services.
Ambani has expanded Reliance into green energy. The company will be investing $80 billion over the next 10-15 years on renewable energy and building a new complex next to its refinery.
Ambani's three children joined the board of Reliance in 2023. Son Akash heads Jio; daughter Isha oversees retail and financial services; and younger son Anant is in the energy business.
https://www.forbes.com/lists/india-billionaires/
Jetmek_03052
2 days ago
I guess the people who actually DECIDE what companies to include on the index disagree with your assessment.
And the rest of your comments about "the next recession will be unavoidable" ? You've been saying that is coming for YEARS. SO far, the market keeps chugging along. People said the recession would surely hit in what....in 2023? Yet it never materialized, and the market had a great year. Same thing with 2024 (with the exception of a few rocky months). Yet you've been spouting off about how terrible it will be when everything collapses, pretty much every time you post! And I might add....on almost every board you post on! I looked over your posting history and you've been badmouthing almost every company and calling most posters "losers".
Look. I know that a downturn is likely coming. The US cannot keep spending money it doesn't have and borrow it, instead of cutting back on the spending. Yup, it's all screwed up. It WILL catch up with us.
When it will happen, no one knows. Everyone that isn't at least a bit prepared for it will suffer.
But let's not yell fire every minute of the day!
Oleblue
2 days ago
Nvidia's 'high-end' Arm-based chip for PCs will reportedly go into production in 2025
Jeremy Laird
Fri, November 1, 2024 at 9:04 AM EDT
When you buy through links on our articles, Future and its syndication partners may earn a commission.
Nvidia Thor SoC for automotive.
Credit: Nvidia
The idea that Nvidia is plotting an Arm-based chip for the PC is not news. But the latest coverage from DigiTimes (paywall) claiming that the chip is targeted at the "high end" and goes into production in less than a year makes the whole thing feel both pretty real and very proximate.
According to Digitimes (via Tom's Hardware), Nvidia's plans include both chips engineered in partnership with Mediatek and fully custom in-house designs. It's thought the version for consumer PCs will be pure Nvidia, while Mediatek will partner with Nvidia to create another Arm-based SoC for enterprise customers.
The latter may be necessary in order to provide full 5G cellular networking support, something that isn't critical for consumer PCs. If true, a new Nvidia chip for PCs would add to an already very exciting looking line up in 2025. Along with the new Nvidia chip, we're expecting Intel's next-gen Panther Lake architecture, plus Qualcomm's Snapdragon X2, though that's somewhat in question what with the ongoing dispute between Qualcomm and Arm.
2025 should also see Apple roll out its M5 SoCs. Those obviously won't go into PCs running Windows, but will add to the broader competitive landscape for premium computer chips.
Exactly how Nvidia will pitch its own Arm-based chip for laptops isn't clear. However, you'd think it would lean heavily on Nvidia's graphics technology. Ultimately, you'd expect it to offer the best graphics performance on the market.
However, if Nvidia's graphics architectures are familiar, any new CPU core design would be very novel. Nvidia has produced plenty of chips with Arm cores in the past, including Tegra chips. But they've generally used off-the-shelf CPU designs licenced from Arm.
The implication with this new PC chip for 2025 is that it may well debut a new in-house CPU core design from Nvidia. It would certainly be far more interesting if it did. That would also enable Nvidia to offer something much more performant than Arm's own CPU core designs.
And make no mistake, the Arm instruction set allows for some very high performance CPU cores these days. By some measures, Apple's latest CPU cores in the M4 have 60% better IPC (or performance per clock cycle) than anything Intel or AMD currently offer.
Of course, software support remains the greatest challenge for any Arm-based chip when it comes to PC gaming. It's one thing using emulation to run mainstream x86 apps on an Arm chip, quite another to do the same thing with games.
That said, Nvidia would have a clear advantage in that its GPU architecture in the new chip will certainly be well optimized for running games, something you can't necessarily say about Qualcomm's Snapdragon X.
Moreover, it's easy to see when Nvidia would make this move. Given the scale and might of the company these days, it hard to imagine that it is happy being a mere GPU vendor on the PC. Surely, Nvidia wants to be able to sell pure-Nvidia PC platforms.
Indeed, some commentators think that it's actually Apple Nvidia has in mind with this new Arm-based chip. In this narrative, Nvidia jealously regards the control and prestige Apple has achieved with its MacBook computers now that they are all running Apple's own in-house designed silicon. Nvidia wants some of that action.
Whatever Nvidia's motivation, it looks like we'll get our first taste of a pure Nvidia chip for PCs late next year. Apart from laptops, an Nvidia Arm chip could have the makes of the best hardware yet seen for handheld gaming PCs. And if anyone can crack the gaming-on-Arm conundrum, it's got to be Nvidia.
https://www.yahoo.com/tech/nvidias-high-end-arm-based-130450758.html
Nebuchadnezzar
3 days ago
NVDA being added to the DOW with $3.5 trillion market cap is one of the dumbest things i have ever seen.
this almost guarantees that the stock market is topping or very close to topping.
NVDA added $100 billion in market cap just on the announcement in after hours, what a joke!!!!
mathematically, this becomes a huge math issue going forward for the DOW and SP 500 and QQQs
NVDA isnt going to grow at the same rate going forward, rather, growth will probably begin to slow in 2025
what happens to NVDA let alone the rest of the MAG 7 in a real recession??
the next recession will be unavoidable and the FED cannot save the markets again as treasury issuance ramps up in 2025 and 2026
interest rates will see 5%+ as we head into a recession.
even at $140, for a 10% increase in NVDA stock, that only gets it to $154, thats a $250,000,000,000 rise in market cap from $140
that might be the TOP for NVDA, the ROI from $140 is not great given most of this is already priced in here at $135-$140