RARE PHOTOS: 29 | Vintage Vibes

Why Legendary Investor Michael Burry Says Nvidia Stock Is ‘Wildly Undervalued’… and Why He’s Still Cautious on Shares

Nvidia reported a blockbuster Q2 and issued upbeat guidance. Michael Burry believes NVDA shares are undervalued but still recommends caution.

Barchart · Aug 27

Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape

AMD's equity investment and joint development deal with Nutanix, alongside rising analyst price targets and strong institutional buying, underpin the case for NTNX stock's continued rally.

MarketBeat · Aug 27

Anthropic makes first move into physical AI with universal standard that could bring scientific labs to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

Fortune · Aug 27

Nvidia shares extend gains, jump 7% as blockbuster earnings revive AI trade ,

Nvidia shares jumped about 7% after strong quarterly results and a bullish revenue forecast eased concerns over slowing AI spending. The chipmaker reported $96.2 billion in second-quarter revenue and expects about $108 billion in the current quarter. Its 70% fiscal 2028 growth outlook further strengthened investor confidence in the AI…

The Economic Times · Aug 27

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities ended sharply lower on Thursday as expiry-day volatility intensified after the first monthly expiry under the Closing Auction Session. Sensex fell 539 points and Nifty 117 points, while technical indicators signalled weakening momentum amid global and geopolitical uncertainty.

The Economic Times · Aug 27

Nvidia expects to sell $20 billion of Vera Rubin systems in Q3 as shipments begin — figure would account for 20% of its data center revenue mix, marks fastest ramp in company history

Nvidia expects Vera Rubin to become its fastest-ramping data center AI platform as it projects sales of Vera Rubin hardware to hit 20% of data center revenue in its third fiscal quarter.

Tom’s Hardware · Aug 27

Nvidia Already Dominates The AI Chip Market. Now It Will Reportedly Own Hugging Face Too.

The reported $12.9 billion price would be nearly three times Hugging Face's valuation in its 2023 funding round.

International Business Times · Aug 27

Stocks Supported by Strong Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) is up by +0.59% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.03%. E-mini S&P futures (ESU26 ) are up +0.55%, and September E-mini...

Barchart · Aug 27

Custom AI Chips Are Coming for Nvidia. OpenAI's Jalapeño Could Be the Biggest Warning Yet.

OpenAI says the chip can deliver both high throughput and low latency, which translates into faster responses.

International Business Times · Aug 27

'Nvidia is Wildly Undervalued': Michael Burry Goes Long Despite Shuttering His Hedge Fund Over AI Bubble Fears

Michael Burry bought Nvidia call options as a hedge against his AI short positions. He has repeatedly warned of an AI bubble and how tech firms use accounting tricks to inflate balance sheets.

International Business Times UK · Aug 27