Rivian is reportedly set to open its first retail showroom in Chicago's Gold Coast neighborhood after previously canceling plans for a different location.
Visa (NYSE: V) has been in consolidation for two years, since trading at an all-time high of $252.67 on July 27, 2021. This was warranted considering that V was trading 37x earnings, significantly higher than its typical range of 25x – 30x earnings.
Nvidia's shares reached a record high of $480.88, marking a staggering year-to-date increase of over 200%.
As a leading player in AI chip development, 10,000 powerful Nvidia Graphics Processing Units (GPUs) have been used in training OpenAI's ChatGPT.
To gain an edge, this is what you need to know today.
Dollar Predictions
Please click here for a chart of Invesco DB US Dollar Index Bullish Fund (ARCA: UUP).
Note the following:
As its latest bold move, Meta Platforms (NASDAQ: META) announced it will be launching a commercial version of its open source AI mode, LLaMA, promising the transform the AI landscape and challenge the dominance of powerhouses, OpenAI, Microsoft Corporation (NASDAQ: