Posts for Ticker ‘NVDA’

Today’s Best Market Rumors (11/16/2009) (DVN)(NVDA)(C)(AAPL)

magazinUpdated throughout the day.

Updated 12.43 PM EST:  Apple may hire its own video game developers to create iPhone and iPod products  (Apple Insider)

Updated 11.57 AM EST:  Devon Energy (NYSE:DVN) may sell its international operations to interests in China  (NYT)

Central banks will be net purchasers of gold for the first time in decades  (CNBC)

Goldman Sachs (NYSE:GS) wants to expand it wealth management operation (Investment News and Business Insider)

Nvidia (NASDAQ:NVDA) has started to complain about Intel’s (NYSE:INTC) just as the world’s largest chip company settled antitrust issues with AMD (NYSE:AMD)

Intel plans to release powerful new notebook chips in January. (Digitimes)

Microsoft (NASDAQ:MSFT) will launch a Zune music and movies brand outside the US to try to challenge Apple (NASDAQ:AAPL) in the mobile content business.  (FT)

JPMorgan (NYSE:JPM) is trying to buy the 50% of management firm Cazenove Group that it does not already own for $1.7 billion.  (Bloomberg)

Citigroup (NYSE:C) has rejected Terra Firma Capital’s offer to restructure EMI Group. (WSJ).

Douglas A. McIntyre

Posted on: November 16, 2009 – 8:46 am in Rumors, Uncategorized, , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (ARI, CSIQ, CSX, DDRX, HEV, INTC, NVDA, VCLK, VITC)

These are the top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Tuesday morning:

Apollo Commercial Real Estate (NYSE: ARI) Started as Overweight at Barclays; Started as Hold at Citigroup.
Canadian Solar (NASDAQ: CSIQ) Raised to Equal Weight at Barclays.
CSX Corp. (NYSE: CSX) Raised to Buy at Stifel Nicolaus.
Diedrich Coffee (NASDAQ: DDRX) Cut to Hold at Roth Capital.
Ener1 (NASDAQ: HEV) Started as Buy at Deutsche Bank.
Intel Corp. (NASDAQ: INTC) Cut to Equal Weight at Morgan Stanley.
Nvidia (NASDAQ: NVDA) Cut to Underweight at Morgan Stanley.
Valueclick (NASDAQ: VCLK) Raised to Hold at Citigroup.
Vitacost.com (NASDAQ: VITC) Started as Buy at Needham; Started as Buy at Jefferies; Started as Outperform at Oppenheimer.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: November 3, 2009 – 8:35 am in Analyst Calls, , , , , , , , ,

Today’s Best Market Rumors (10/20/2009) (NWS)(NVDA)(BCS)

newspaperUpdated throughout the day.

Updated 12.33 PM EST: The CIA will start spying on social media activity  (CNET)

Updated 10.15 AM EST:  Oil could hit $175 a barrel by 2016 making oil-realted stocks a bad investment.  (Barron’s)

Bank of America (NYSE:BAC) and Barclays (NYSE:BCS) are refusing to trade with faltering hedge fund Galleon  (WSJ)

Former News Corp (NYSE:NWS) No. 2 Peter Cherin is advising Comcast (NASDAQ:CMCSA) on its bid to buy NBCU from GE (NYSE:GE)  (NYTimes)

Boeing (NYSE:BA) will post poorer-than-expected quarterly results (TheStreet.com)

Q4 GDP growth could jump to 5.5 %  (Forbes)

Google (NASDAQ:GOOG) can search Twitter tweets, even if they have security protection.  (Mashable)

As Galleon sells holdings to fund redemptions some of the stocks it holds could come under price pressure. These include Cisco (NASDAQ:CSCO), Dell (NASDAQ:DELL), Nvidia (NASDAQ:NVDA), and eBay (NASDAQ:EBAY)  (Barron’s)

Douglas A. McIntyre

Posted on: October 20, 2009 – 8:53 am in Rumors, , , , , , , , , , ,

Media Digest (10/9/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Chinese investors are holding a large amount of gold.

Reuters:   Bernanke sees tighter policies as the economy improves.

Reuters:   The Congressional Oversight Panel says that the US plan to help homeowners with mortgages is not enough.

Reuters:   The FDIC questioned a review of Citigroup (NYSE:C) management. Read More »

Posted on: October 9, 2009 – 3:54 am in Press Digest, , , , , , , , , , , , , , , , , , , ,

Today’s Best Market Rumors (10/8/2009) (XRTX)(CLWT)(CTIC)(CIT)(BRCD)(ACP)(AAPL)(GOOG)

newspaperUpdated throughout the day.

Updated at 4.24 PM EST:  Xyratex (NASDAQ:XRTX) is up 14% today, another tech stock in the buyout rumor mill.  (Barron’s)

Updated at 2.12 PM EST: Euro Tech Holdings (CLWT) is up 40% on two million shares traded, about twent times it normal volume, on rumors that Chinese water companies will report better than expected sales for the last quarter  (various)

Updated at 2.05 PM:  Cell Therapeutics (NASDAQ:CTIC) continues to drop sharply down another 5% today on rumors of poor upcoming financial results or trouble with a drug trial  (various)

Updated at 1.50 PM EST:  Hedge fund Little Bear Investments, a noteholder in CIT (NYSE:CIT), is tying to get a group of bondholders to lobby for a larger equity stake in the commercial lender’s debt restructuring. (The Deal)

Updated at 1.35 PM EST: Microsoft (NASDAQ:MSFT) has cut its legal budget by 15% (LegalWeek)

Updated at  1.25 EST: Speculation has come up again that Brocade (NASDAQ:BRCD) will be sold to Hewlett-Packard (NYSE:HPQ). (Barron’s)

Update at 12:45 PM EST: NVIDIA Corporation (NASDAQ: NVDA) is currently halting graphic chipset production on compatibility innew Intel (INTC) newest microprocessors because of licensing disput. (WSJ)

A review of Citigroup (NYSE:C) management by consultant Egon Zehnder suggested that the chief administrative officer and vice chairman should go  (CNBC)

Anadarko Petroleum (NYSE:ACP) and Tullow Oil are likely to be acquisition targets by larger oil companies.  (The Deal)

Apple (NASDAQ:AAPL) may open as many as 1,000 retail stores in the next three years  (MarketWatch)

Google’s (NASDAQ:GOOG) Android operating system will overtake the Apple iPhone in handset market share by 2012 (Apple Insider).

Twitter is talking to Microsoft (NASDAQ:MSFT) and Google about selling them data on the activity of its users  (AllThingsD)

Douglas A. McIntyre

Posted on: October 8, 2009 – 9:20 am in Rumors, , , , , , , , , , , ,

Media Digest 10/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Ken Lewis will step down as CEO of Bank of America (BAC)

Reuters:   Cisco (CSCO) bought Tandbeg  for $3 billion.

Reuters:   The IMF raised forecasts for US GDP but warned on its growing debt.

Reuters:   Turnaround experts say the collapse of CIT (CIT) would be a mess. Read More »

Posted on: October 1, 2009 – 4:08 am in Press Digest, , , , , , , , , , , , , , , , , ,

Short Sellers Flee Tech, Hit Weak Balance Sheets (INTC)(DELL)

bearShort sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to 82.2 million. And, shares short in Morgan Stanley (MS) dropped 10% to 39 million.

Shares short in Fannie Mae (FNM) were up a fraction to 188.7 million. The short interest in Well Fargo (WFC) rose 5% to 90.5 million.

Companies with weak earnings prospects and poor balance sheet were hit particularly hard for the period that ended September 15. Shares sold short in Sprint (S) were up 18% to 88.6 million. Shares sold short in Alcatel-Lucent (ALU) rose 37% to 39.4 million. Short interest in Vonage (VG) was up 135% to 10.2 million. Shares short in Blockbuster (BBI) were up 28% to 25.6 million. Read More »

Posted on: September 25, 2009 – 4:15 am in Short Interest, , , , , , , , , , , , , ,

Intel Guidance Highlights Peers & Comps (INTC, AMD, MSFT, NVDA, MU, DELL)

Intel LogoIntel Corporation (NASDAQ: INTC) is raising guidance this morning.  What is interesting is that this may actually highlight the strength among its peers and competitors more than it drives Intel shares alone.  The guidance was raised based upon “stronger than expected demand for microprocessors and chipsets.”

The processor giant now sees Q3 revenue of $9.0 billion, plus or minus $200 million.  This is above its prior target of $8.5 billion plus or minus $400 million.  Thomson Reuters had estimates at $8.55 billion.

Intel stock is up 4.5% at $20.35 on about 5.2 million shares.  But the real strength is on rival Advanced Micro Devices (NYSE: AMD), which is also supposedly seeing stronger demand from all the PC and netbook demand out there.  AMD shares are up 5.2% at $4.45 on right at 1 million shares.

And what about Microsoft Corporation (NASDAQ: MSFT)?  Windows 7 has to at least be a part of this as the increased demand for processors since it is probably not all going into Linux suddenly… Its shares are up 2.2% at $25.22 on only about 400,000 shares.  This may actually be a trading disappointment to some.
Read More »

Posted on: August 28, 2009 – 9:31 am in PC Companies, Semiconductor, Technology Companies, Trading Alert, , , , , ,

Shorts Flee Tech Stocks (MSFT)(INTC)(ORCL)(CSCO)

bearShort sellers moved out of tech stocks in large volumes at mid-month. Based on short interest figures as of August 14, shares short in Intel (INTC) fell 33% to 88.3 million. The short interest in Microsoft (MSFT) was down 4% to 65.1 million. Shares short in Cisco (CSCO) fell 14% to 44.2 million. Short interest in Oracle (ORCL) dropped 13% to 29.5 million. The short interest in Nvidia (NVDA) dropped 29% to 26.2 million.

Among other widely followed stocks traded on Nasdaq, shares short in Sirius XM (SIRI) fell 11% to 119.6 million. Shares short in Level 3 (LVLT) were down 5% to 93.8 million. The short interest in Starbucks (SBUX) was up 10% to 44.3 million. Read More »

Posted on: August 25, 2009 – 7:00 pm in Short Interest, , , , , , , , , , , , , , , , , ,

Short Seller Rush Out Of Financial Stocks, Tech, And Retail

bearShort sellers moved out of financial shares in great numbers.

As of August 11, the short interest in Citigroup (C) fell 71% to 343 million shares. Share sold short in GE (GE) fell 15% to 143 million. The short interest in Wells Fargo (WFC) was down by 9% to 99 million. Shares sold short in American Express (AXP) dropped 20% to 36 million. The short interest in Capitol One (COF) dropped 19% to 30 million. Shares sold short in Visa (V) dropped 22% to 15 million. Read More »

Posted on: August 12, 2009 – 4:14 am in Short Interest, , , , , , , , , , , , , , , ,

Top Day Trader Alerts (AIG, CROX, SQNM, LEAP, PMI, NVDA)

These are this morning’s top day trader and active stock alerts.  We have more detailed price and volume analysis links on each stock from VSInvestor.com:

American International Group (NYSE: AIG) is continuing the recent surge.  It actually made money from operations, and shares are up above $25.00 on the news.

Crocs, Inc. (NASDAQ: CROX) is almost hard to imagine as the top winner this morning.  But it is thanks to smaller losses, better guidance, and a call to return to profits.

Sequenom, Inc. (NASDAQ: SQNM) is getting shelled by 14% after losses and projections for more losses.

Leap Wireless (NASDAQ: LEAP) is one of the worst performers this morning after wider losses were reported.

PMI Group Inc. (NYSE: PMI) is getting shelled.  We have shares down over 20% in early trading after wider losses.

NVIDIA Corporation (NASDAQ: NVDA) was last night’s second highest in volume. This is on a return to profitability a quarter sooner than expected.

JON C. OGG
AUGUST 7, 2009

Posted on: August 7, 2009 – 9:16 am in Pre-Market Activity, Trading Alert, , , , , ,

Media Digest 8/7/2009 Reuters, WSJ, NY Times, FT, Bloomberg

newspaperReuters:   A college education no longer means easy employment in China.

Reuters:   Fannie Mae (FNM) lost $14.8 billion.

Reuters:   The auto “clunkers” legislation passed the Senate.

Reuters:   Obama is in no rush to decide Bernanke’s appointment to a new term. Read More »

Posted on: August 7, 2009 – 4:05 am in Press Digest, , , , , , , , , , , , , , , , ,

NVIDIA Returns To Profits One Quarter Early (NVDA, AMD)

NVIDIA Corporation (NASDAQ: NVDA) is back to profitability.  Yep, profits. The graphics chipset leader posted $0.07 non-GAAP EPS.  This is down almost half from last year’s $0.13 EPS, but it is significantly better than the Thomson Reuters consensus target of -$0.02 EPS.  Revenue fell to $776.5 million from $892.7 million a year ago, but Thomson Reuters had those targets at $713.6 million.
Read More »

Posted on: August 6, 2009 – 4:48 pm in Earnings, Semiconductor, ,

Short Interest In Banks Plunges

bankThe short interest in most large banks fell very sharply for the period ending May 29, an indication that traders believe that TARP repayments and ongoing strong earnings mean the fate of American financial firms will continue to improve.

Read More »

Posted on: June 10, 2009 – 5:46 am in Short Interest, , , , , , , , , , , , , , , , ,

Short Sellers Abandon Financial Shares, Tech Stocks

r218533_8550254Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared, the bank earnings may get better, or that the government’s program to strip them of toxic assets may work.

Based on short selling data as of April 15, the short interest in Wells Fargo (WFC) dropped 11% to 149.8 million shares. Read More »

Posted on: April 26, 2009 – 8:21 am in Banking, Brokerage Firms, Industry, Semiconductors, Short Interest, Technology, , , , , , , , , , , , , ,

Shorts, Back In Financials, Probably Got Buried. Cut Bets On Tech

bear14Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would have a good Q1, which probably resulted in a huge short squeeze in bank stocks.

As of the last day in March, shares sold short in Citigroup (C) were up 21% from two weeks earlier to 1.2 billion. Shares short in AIG (AIG) rose 54% to 281 million. The short interest in Wells Fargo was up 8% to 168 million. Shares sold short in JP Morgan (JPM) rose 26% to 70 million. The short interest in US Bancorp (USB) was up 18% to 76 million.  Shares short in Fifth Third (FITB) were higher by 22% to 58 million. Read More »

Posted on: April 10, 2009 – 3:02 am in Short Interest, , , , , , , , , , , , , , , ,

Media Digest 3/27/2009 Reuters, WSJ, NYTimes, FT, Bloomerg

newspaper25According to Reuters, the Obama financial reforms face a bumpy road.

Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts.

Reuters reports that Obama’s financial remedies may face pushback at the G20 summit.

Reuters writes that Greenspan thinks big banks should not become too big.

Reuters reports that there is tension at Nomura over Lehman bonuses.

Reuters reports that Obama says he will help US automakers.

Reuters reports that The Washington Post (WPO) and New York Times (NYT) cut jobs. Read More »

Posted on: March 27, 2009 – 3:07 am in Press Digest, , , , , , , , , , , , , ,

Media Digest 3/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaper3According to Reuters, Ford (F) will launch a major financial restructuring.

Reuters reports that the US is launching a $75 billion plan to help troubled holders of US mortgages.

Reuters reports that the Fed says the near-term outlook for the economy has darkened.

Reuters writes that sever Merrill executives were told they must appear before the NY attorney general. Read More »

Posted on: March 5, 2009 – 3:59 am in Press Digest, , , , , , , , , , ,

Media Digest 2/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaper9According to Reuters, the biggest problem GM (GM) may face is a mountain of debt.

Reuters reports that investors in Stanford funds are pushing hard to get their money out.

Reuters reports that Obama announced his plan to rescue mortgages. Read More »

Posted on: February 19, 2009 – 3:53 am in Press Digest, , , , , , , , , , , , , ,

Intel’s $7 Billion Gamble… Too Much? Too Soon? (INTC, AMD, NVDA, AMAT, KLAC, NVLS)

Intel Corporation (NASDAQ: INTC) is making a huge gamble on high- paying jobs and manufacturing.  It isn’t cuts.  Intel plans expansions for the inevitable recovery ahead.  $7 billion worth.
Read More »

Posted on: February 10, 2009 – 10:42 am in Labor & Unions, Semiconductor, , , , , , , , , ,