Tue, Apr 30, 2024 11:57 AM
'Winner take most': Here's what Wall Street is expecting from Amazon's Q4
A Flip by Riya Sharma
The artificial intelligence revolution has caused a growth surge for the technology's enablers, most of which reside in the semiconductor sector. In fact, the stock movements for these companies have been so strong that many now trade at very, very high stock prices, setting these AI beneficiaries up for a potential stock split. Stock splits don't create or destroy any value on their own.
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This year is shaping up to be a record-breaking one for Nvidia (NASDAQ: NVDA) investors as shares of the semiconductor giant have already shot up more than 91%, and there is a good chance that the stock's rally could get a nice shot in the arm once Nvidia reports its first-quarter fiscal 2025 earnings on Wednesday, May 22.
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Choice Broking has recommended Buying IREDA at ₹181 levels with a target of ₹203 for IREDA share price and a stop loss at 170. IREDA share price gained more than 4% on Tuesday during intraday trades. The IREDA share price opened at ₹177.00 on the NSE, however rose to ₹184.80 by afternoon, reflecting gains of 4.8 % over the previous close.
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