Analysts Clash Over NVIDIA’s Stocks Outlook as Soaring Hype Meets Uncertainty
TECHi 2025-05-03
Summary:
The 50-day moving average was cleared by Nvidia’s stock (NVDA) on Friday following Amazon’s (AMZN) earnings. The demand for Amazon’s artificial intelligence services was a major factor in the company’s first-quarter capital expenditure spike. Compared to $13.9 billion in the same quarter last year, Amazon’s capital expenditures for the first quarter increased to $24.3 billion. […]
The post Analysts Clash Over NVIDIA’s Stocks Outlook as Soaring Hype Meets Uncertainty first appeared on TECHi and is written by Rabia Majeed.