🌟🌟🌟What an amazing turnaround for Nvidia $NVIDIA(NVDA)$ as its shares jumped 5.6% on news that it has announced a partnership with Humain, an AI subsidiary of Saudi Arabia's sovereign wealth fund. Nvidia will sell Humain "several hundred thousand" advanced GPUs over the next 5 years, starting with an AI supercomputer powered by 18,000 GB300 chips. Alongside Nvidia, AMD $Advanced Micro Devices(AMD)$ is also joining forces with Humain to provide chips and software, contributing to a network that extends from Saudi Arabia to the US. With this latest development, Nvidia jumped back into the USD 3 Trillion club. Nvidia is only t
Option Movers | Nvidia, Tesla and AMD See About 70% Call Options; Traders Bet on Super Micro to Jump Another 11%
Market OverviewThe S&P 500 closed slightly higher after flitting between gains and losses during Wednesday (May 14)'s lackluster session as investors waited for the next batch of economic data after a robust start to the week spurred by soft inflation data and a U.S.-China tariff truce.Regarding the options market, a total volume of 54,333,179 contracts was traded, down 11% from the previous trading day.Top 10 Option VolumesTop 10: $NVDA(NVDA)$, $TSLA(TSLA)$, $SMCI(SMCI)$, $AMD(AMD)$, $MSTR(MSTR)$, $AAPL(AAPL)$,
QBTS Blasts Off 50%: Quantum Stocks Are Hot—Which One’s the Winner?
Quantum computing stocks are lighting up the market, and D-Wave Quantum ( $D-Wave Quantum Inc.(QBTS)$ ) just dropped a bombshell with a 50% surge. IonQ ( $IONQ Inc.(IONQ)$ ) isn’t far behind, flexing its muscles with a strong start, and with earnings season looming, the quantum hype is hitting fever pitch. So, which stock should you bank on, and is the quantum sector worth going all-in? Let’s unpack the madness, crunch the numbers, and crown a top pick. QBTS and IonQ: What’s Driving the Hype? QBTS’s 50% rocket ride isn’t just hot air. The company’s quantum annealing tech crushed a simulation that would’ve taken a supercomputer a million years, clocking it in minutes. That breakthrough, paired with a 509%
Hims & Hers Health: Can It Break New Highs in May?
Hims & Hers Health, Inc. ( $Hims & Hers Health Inc.(HIMS)$ ) is riding a wave of momentum, surging nearly 16% on Tuesday to close at $64, just shy of its all-time high of $72.98. The telehealth company’s $1 billion funding round—the largest in its history—has fueled this rally, pushing its year-to-date (YTD) gain to an eye-popping 164%. With the stock tantalizingly close to new heights, investors are buzzing: Can HIMS break out in May, or is this the peak? Let’s dive into the catalysts, risks, and trading strategies to see if this healthcare disruptor is your next big win. Hims & Hers Health: A Telehealth Titan Hims & Hers Health is revolutionizing healthcare with its direct-to-consumer telehealth platform, offering personalized tr
Both Nvidia (NVDA) and AMD (AMD) have recently secured significant AI-related partnerships, notably with Saudi Arabian AI startup Humain. These collaborations underscore their roles in advancing AI infrastructure. However, when evaluating which stock offers more upside potential, several factors come into play.
AMD: Emerging Contender with Strategic Investments • Market Position: AMD holds a 3% share in the data center GPU market, with plans to release the MI300X GPU to compete with Nvidia's offerings. • Financial Performance: AMD's data center revenue grew 38% year-over-year in Q4 2023. • Analyst Outlook: Analysts forecast a 33% CAGR for AMD's earnings over the next five years. • Valuation: AMD's average price target suggests a 40% upside potential, compared to Nvidia's 33.8%.
Conclusion While both Nvidia and AMD are poised to benefit from the AI boom, Nvidia's established market leadership, robust financial performance, and strategic positioning provide a compelling case for its continued growth. AMD, on the other hand, offers significant upside potential for investors willing to bet on its emerging role in the AI sector. If you're considering an investment, it's essential to assess your risk tolerance and investment horizon. Nvidia appears to be a safer bet with its dominant market position, while AMD may offer higher returns if its strategic initiatives succeed.
Robotaxi head to Saudi Arabia? Can Tesla edge higher after holding $300? Tesla's stock has recently shown strong performance, trading at $334.07, up 4.88% on the day. This surge follows Elon Musk's announcement at the US-Saudi Investment Forum, where he expressed plans to introduce Tesla's robotaxi service in Saudi Arabia. This move aligns with Saudi Arabia's Vision 2030, aiming to diversify its economy through technological innovation. However, Tesla faces challenges in its robotaxi ambitions. The National Highway Traffic Safety Administration (NHTSA) has requested detailed safety plans for Tesla's upcoming driverless taxi service in Austin, Texas, addressing concerns about adverse conditions like fog and rain . Additionally, a previous robotaxi reveal event was criticized for lacking te
Despite these hurdles, investor optimism remains. Analyst Dan Ives maintains a $300 price target, citing the potential of Tesla's autonomous technology to drive future growth . Tesla's focus on Full Self-Driving (FSD) and the upcoming launch of a lower-priced EV model are also seen as catalysts for stock performance. In summary, while Tesla's robotaxi plans in Saudi Arabia and the U.S. are ambitious, they come with regulatory and technical challenges. The company's stock performance will likely depend on the successful execution of these initiatives and investor confidence in Tesla's long-term strategy.
$Tesla Motors(TSLA)$ Robotaxi head to Saudi Arabia? Can Tesla edge higher after holding $300? Tesla's stock has recently shown strong performance, trading at $334.07, up 4.88% on the day. This surge follows Elon Musk's announcement at the US-Saudi Investment Forum, where he expressed plans to introduce Tesla's robotaxi service in Saudi Arabia. This move aligns with Saudi Arabia's Vision 2030, aiming to diversify its economy through technological innovation. However, Tesla faces challenges in its robotaxi ambitions. The National Highway Traffic Safety Administration (NHTSA) has requested detailed safety plans for Tesla's upcoming driverless taxi service in Austin, Texas, addressing concerns about adverse conditions l
NVIDIA vs. AMD: Which Stock Will Ride the Saudi AI Wave Higher?
$NVIDIA(NVDA)$$Advanced Micro Devices(AMD)$$S&P 500(.SPX)$$NASDAQ(.IXIC)$ The AI revolution just got a Middle Eastern twist, with Saudi Arabia’s Humain partnering with NVIDIA and AMD to build cutting-edge AI factories. NVIDIA’s supplying 18,000 of its Blackwell chips for a 500-megawatt data center, while AMD’s committing $10 billion to deliver high-performance chips and software for a sprawling network across Saudi Arabia and the U.S. Both stocks surged—NVIDIA up 6.4% and AMD up 4%—but which one’s got the edge in this $10 billion AI gold rush? Are you kicking yourself for selling NVIDIA at $120? Let’s break it dow
Sadly, I don’t have any friends who work in these companies. I would love to know what is so amazing about these companies that allowed them to become best employers. I do know some of the technology companies offer perks such as free meals, games within office, flexible working hours but I think a great employer goes beyond providing all these. There must be something they are doing right to build the desirable work culture. Having been to Apple Store recently, I think it helps that they have sufficient manpower so that their employees don’t feel that they are squeezed dry everyday at work. I think having a brand as a top employer helps attract talent to the company and could be a win-win situation for both parties if the talent can be retained. However, rank shift may not mean much to jo
The tech world is buzzing as Nvidia (NVDA) and AMD (AMD), two titans in the semiconductor industry, announce a groundbreaking collaboration to build AI factories—massive data-processing hubs aimed at supercharging machine learning and AI innovation. This unexpected alliance has stirred excitement among investors and analysts alike: Which stock holds more upside in this new AI frontier? A Game-Changing Partnership for AI The partnership leverages Nvidia's world-leading GPU technology and AMD's prowess in high-performance computing (HPC) to create next-generation AI factories. These facilities are designed to process exabytes of data at unprecedented speeds, accelerating the development of autonomous vehicles, real-time language processing, and deep learning applications. For Nvidia, this mo
$Tesla Motors(TSLA)$ In a surprising move that could reshape the landscape of autonomous transportation, Tesla's Robotaxi fleet is reportedly eyeing Saudi Arabia as its next major market. With Tesla's stock holding strong at $300, investors are beginning to ask: Is this the next leg up for the EV giant? Why Saudi Arabia? Saudi Arabia's Vision 2030 plan aims to transform its economy by reducing oil dependence and investing heavily in technology and infrastructure. Autonomous vehicles are a key focus, with the Kingdom looking to implement smart city projects like NEOM, a $500 billion futuristic city powered by green energy and advanced technologies. For Tesla, this is a golden opportunity. The nation's wealth, ambitio
$SUPER MICRO COMPUTER INC(SMCI)$ The buzz around artificial intelligence (AI) continues to surge, and now Super Micro Computer (SMCI) has joined the Saudi AI party. With Saudi Arabia heavily investing in technology and digital transformation, the Kingdom’s newfound focus on AI is creating massive opportunities for tech companies, and SMCI seems to be riding this wave. But as the stock hovers around the $50 mark, the pressing question for investors is clear: Is it time to chase the rally or sell into strength? Why Saudi Arabia Matters for SMCI Saudi Arabia’s Vision 2030 aims to reduce its dependency on oil by focusing on technology, digital infrastructure, and AI-driven solutions. The Kingdom has been pouring billion
SMH Finds Support After Double Correction, Wave (V) in Motion
The VanEck Semiconductor ETF (SMH) gives investors access to 25 major U.S.-listed semiconductor companies. The fund includes NVIDIA, Taiwan Semiconductor, Broadcom, Texas Instruments, QUALCOMM, ASML Holding, Applied Materials, Lam Research, Micron Technology, and AMD. Analysts view SMH as a strong investment in a sector driving advancements in AI, cloud computing, and high-performance computing. While volatile, experts emphasize long-term growth, supported by rising demand for AI, 5G, and autonomous vehicles. Despite market fluctuations, SMH often outperforms when investor sentiment improves. Investors closely monitor global supply chains, trade policies, and new chip innovations, which could shape future growth. With these factors influencing the market, SMH remains an attractive option f
GBPUSD Soars 160 Pips from Blue Box as Buyers Resume
GBPUSD resumes the bullish cycle from the blue box to give sellers warnings. The pair is still within an incomplete bullish cycle from from September 2022. This blog post shares the setup that gave the Elliottwave-Forecast members the clues on where to buy. GBPUSD has been on a bullish cycle since October 2022, albeit a corrective one. This bullish cycle is correcting the long-term sell-off from November 2007. If not correcting the cycle from such a long time, then it is at least correcting the bearish run from May 2021. From the low of September 2022, where this cycle started, we expect a 3-swing bounce first and possibly a 7-swing later. Meanwhile, the 3-swing bounce has not yet reached the extreme. Thus, buyers should continue to dominate from the dip. That’s the short to medium-term id
NVIDIA Corp. $NVDA Extreme Areas Offering Buying Opportunities
Hello everyone! In today’s article, we’ll examine the recent performance of NVIDIA Corp. ($NVDA) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 21, 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse + 7 Swing WXY correction $NVDA 1H Elliott Wave Chart 4.30.2025: In the 1-hour El