00:00 Speaker A
It’s now time for some of today’s Trending Tickers. This morning, we’re watching Nvidia, Qualcomm, and Netflix. First up, Nvidia CEO Jensen Huang announcing the development of humanoid robots while at a tech expo today. The chipmaker also opening up its high-powered NVLink technology, which allows companies to build semi-custom AI servers within Nvidia’s infrastructure. Next up, Qualcomm returning to the data center market. The company says it’ll make custom data center central processing units or CPUs that use technology from Nvidia to connect to Nvidia’s AI chips. And finally, Netflix downgraded to neutral from overweight at JP Morgan. Analysts citing reduced risk reward appeal following the stock’s recent rally. It’s valuation issue for them, but still they increased their price target from 1150 to 1220. The stock is up more than 90% over the last year, hence that valuation call. And you can scan the QR code on your screen and check the best and worst performing stocks with Yahoo! Finance‘s Trending Tickers page.