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Goldman Sachs - 1 Toshiya Hari - 1 Hari - 1 FY4Q - 1 he's - 1
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☆ Goldman now sees Nvidia rising to $800 in 12 months
  + stars: | 2024-02-05 | by ( Fred Imbert Alex Harring | Fred Imbert | Alex Harring | ) www.cnbc.com   time to read: +1 min
Things continue to look up for Nvidia with the chipmaker's next earnings report on the horizon, according to Goldman Sachs. Analyst Toshiya Hari upped his price target on the artificial intelligence darling's stock to $800 from $625, implying an upside of nearly 21% from Friday's closing level. The price target hike comes as traders ready for the closely followed chipmaker's earnings report, which is slated for later this month. The mean price target for Nvidia is $649.06, which reflects a downside of 1.9% from Friday's close, per LSEG. Shares are off to a strong start for the year, soaring 33.6% while the S & P 500 has added just around 4%.
Persons: Goldman Sachs, Toshiya Hari, Hari, FY4Q, he's Organizations: Nvidia, Microsoft Locations: hyperscalers, Friday's
☆ Investors will have their eyes on the consumer price index in the week ahead
  + stars: | 2023-02-10 | by ( Fred Imbert Alex Harring | Fred Imbert | Alex Harring | ) www.cnbc.com   time to read: +7 min
With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.
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