Page 13 - David Trainer News Today

All three main benchmarks opened solidly higher Thursday, but ended the session with notable losses.

All three main benchmarks opened solidly higher Thursday, but ended the session with notable losses. It appeared early Thursday as if a positive reaction to Nvidia's (NVDA) blowout earnings was going to lift stocks across the board, with the main benchmarks climbing out of the gate. But the broad-market buying power fizzled mid-morning as investors turned their attention to disappointing economic data and the start of the Federal Reserve's annual economic symposium in Jackson Hole, Wyo...

"Nvidia is the stock market's new Tesla, where the market blindly assigns a ridiculously high and unrealistic valuation," one veteran analyst says.

Goldman’s vice president of U.S. equity strategy, Ryan Hammond, believes an A.I.-enabled productivity and cost-cutting boom will boost corporate earnings.

Is A.I. set to revolutionize the global economy, ushering in an age of booming productivity and, by extension, surging stock prices? Or is it just another…

Elon Musk‘s Tesla Inc. TSLA may be riding high on the AI-fueled tech stock boom of 2023, but not everyone is convinced of its valuation. David Trainer, CEO of…

One analyst says the carmaker's true value lies closer to $26 per share than $290 – suggesting it's more than 1,000% overvalued.

Shares of Tesla sank more than 9% on Thursday after the company reported mixed results for the second quarter. Now, some Wall Street analysts are making the…