Nvidia stock rises after Goldman Sachs adds to 'Conviction List'

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Shares of Nvidia (NVDA) are rising this morning as Goldman Sachs added the chipmaker to its 'Conviction List.' Other additions to the list include Okta (OKTA) , Cintas (CTAS) , and Quanterix (QTRX), while removing Salesforce (CRM) and Johnson Controls (JCI) from the list. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) are rising this morning as Goldman Sachs added the chipmaker to its"Conviction List." Other additions to the list include Okta — A New York judge sentenced a woman who pleaded guilty to fatally shoving an 87-year-old Broadway singing coach onto a Manhattan sidewalk to six months more in prison than the eight years that had been previously reached in a plea deal.

OTTAWA — Conservative Leader Pierre Poilievre found himself the subject of online criticism after posting photos with an Inuk elder alongside a caption about meeting with Algonquin elders on the National Day for Truth and Reconciliation.

Stephanie Grisham reacted to news that the former president will be present at start of the civil fraud trial on Monday.The Toronto Blue Jays return to the MLB post-season for a second consecutive year, and now they know who they'll be up against.The Minnesota Twins will host the Blue Jays for their best-of-three American League wild-card series beginning on Tuesday.Here's everything you need to know about how the teams stack up ahead of Game 1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Strong earnings will reverse decline in megacap tech stocks: Goldman SachsStrong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and are trading at their cheapest levels in six years by one measure, according to Goldman Sachs strategists. The so-called Magnificent Seven group of megacap stocks -Apple, Microsoft, Amazon.com, Alphabet, Nvidia, Tesla, and Meta Platforms - have fallen 7% over the last two months, compared with a 3% decline in the broad S&P 500, as Treasury yields jumped more than 60 basis points to 16-year highs. Those declines have pushed mega-cap forward price-to-earnings ratios down by a collective 20% over the last two months, leaving them trading at their largest discount to the market based on long-term growth since January 2017, Goldman Sachs said in a note dated Oct. 1.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Strong earnings will reverse decline in megacap tech stocks: Goldman SachsThe so-called Magnificent Seven have fallen 7% over the last two months, compared with a 3% decline in the broad S&P 500
Source: globeandmail - 🏆 5. / 92 Read more »

Strong earnings will reverse decline in megacap tech stocks: Goldman SachsBy David Randall NEW YORK (Reuters) - Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have ...
Source: SaltWire Network - 🏆 45. / 63 Read more »

Goldman Sees Earnings-Led Rally in Big Tech Stocks After RoutUS technology stocks may be about to turn a corner after the Nasdaq 100’s biggest monthly decline this year, according to strategists at Goldman Sachs Group Inc.
Source: BNNBloomberg - 🏆 83. / 50 Read more »