STOCKS Archives - FaithMight

February 20, 2025February 20, 2025

Nvidia Continues To Rally After A Record Breaking Fall

Nvidia continues to make significant strides in the technology sector, particularly in artificial intelligence (AI) and graphics processing units (GPUs). In the third quarter of 2024, Nvidia reported a remarkable 109% increase in net income, reaching $19.3 billion, driven by surging demand for AI-related chips. Quarterly sales also saw a 94% year-over-year rise, totalling $35.1 billion. Despite these impressive figures, Nvidia’s shares experienced a slight decline of 2.3% in after-hours trading, as investors assessed the sustainability of such rapid growth.

However, in January 2025, Nvidia faced a significant market setback, with its stock experiencing a 17% drop on January 27, erasing nearly $600 billion from its market capitalization—the largest single-day loss by a U.S. company. This downturn was largely attributed to competitive pressures from emerging AI companies like DeepSeek. Since then, Nvidia’s stock has been on a recovery trajectory, with shares rising 0.4% to $139.40 as of February 18, 2025.

Recently, Nvidia unveiled its GeForce RTX 50-series graphics cards, featuring the RTX 5070 priced at $549. This new series boasts performance comparable to the previous generation’s RTX 4090 but at a more accessible price point. The RTX 5080 and RTX 5090 became available on January 30, while the RTX 5070 and RTX 5070 Ti are slated for release in February. These GPUs incorporate GDDR7 video memory and leverage Nvidia’s DLSS 4 technology to enhance gaming performance through AI-generated frames.

In the AI sector, Nvidia introduced the Blackwell architecture in March 2024, designed to cater to the growing demands of generative AI applications. The Blackwell-based B100 and B200 data-centre accelerators have received endorsements from major tech companies, including Google, Meta, Microsoft, OpenAI, and Oracle. Despite initial design challenges, the Blackwell chips have seen robust demand, with reports indicating that the entire 2025 production is already sold out.

We are hopeful for a continued rally in price beyond the high to $153 as the current price is at $137.85.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stocks in your portfolio? Schedule a meeting with us here

January 31, 2025January 31, 2025

Apple Down By 15% from December 2024 High

Apple became the first company to reach a $1 trillion market cap in August 2018 and later crossed the $2 trillion mark in 2020. As of early 2025, it remains one of the most valuable companies in the world, often jockeying for the top spot with companies like Microsoft. Apple has split its stock several times throughout its history. The most recent was in August 2020 when it executed a 4-for-1 stock split.

Apple’s innovation and brand loyalty have been major factors in its long-term performance. Apple began paying a quarterly dividend in 2012. While the company has grown, it also provides regular dividends to its shareholders, making it attractive to long-term investors. A large percentage of Apple’s stock is owned by institutional investors, including mutual funds, pension funds, and hedge funds. This shows strong institutional confidence in Apple’s long-term prospects.

In December 2024, Apple reached an all-time high at $260 per share. The opening price of Apple in 2025 was $249. Price fell to a January low at $218 per share on the 21st of January 2025, which is approximately 15%. Since this low, price has jumped, with the current price at $242.48 as of the time of this writing. We expect price of Apple to hit new highs above the 2024 high.

January 27, 2025January 27, 2025

Delta Stocks Might Reach New Highs

Delta is one of the largest airlines in the U.S. and globally and its stock represents an opportunity for investors interested in the aviation and travel industries. It operates an extensive domestic and international network of flights, providing services across North America, Europe, Asia, and other regions. In addition to passenger flights, Delta offers cargo services and has a loyalty program (SkyMiles) and joint ventures with other international carriers.

Historically, Delta’s stock has been quite volatile particularly due to external factors like oil prices, regulatory changes, or economic recessions, but has also shown substantial growth over the long term, particularly in times of strong economic recovery and increased demand for air travel. However, the airline sector is cyclical, and Delta’s performance can be impacted by broader macroeconomic events like recessions, geopolitical crises, or pandemics.

The opening price of Delta Stocks in 2025 was at $60.26, Price has increased to new highs in 2025 and also hit an all-time high. Price reached $69.95 today, as the bulls have pushed price highs. On the daily chart, there has been a gap up on January 10, 2025. Price is yet to retrace after the gap up; also, RSI on the weekly charts had previously shown Delta has been overbought, as we could see price reaching new highs in 2025.

January 15, 2025January 15, 2025

Shopify Is Set To Rally

In 2024, Shopify’s stock appreciated by 36%, with a strong start in 2025, rising approximately 6% year-to-date. In Q3 2024, Shopify reported a 16% increase in earnings and a 26% rise in revenue, reaching $2.16 billion. Operating income surged by 132% to $283 million, and free cash flow grew by 53% to $421 million, surpassing analyst expectations. In the last one year shopify gained about 36.29%.

Shopify is extending its services beyond small and medium-sized businesses to target large enterprises, competing with platforms like Salesforce and Adobe. This move aims to secure steadier revenue streams and enhance profitability. The company is venturing into business-to-business e-commerce and offering point-of-sale solutions for physical retail stores, diversifying its revenue sources.

Shopify’s expansion into enterprise markets and integration of AI technologies are expected to drive growth. Price could fall to $104 in the coming days, which could be an indication for the bulls to be fully active, which might push price above $110.

January 14, 2025January 14, 2025

NVIDIA Share Price Might Fall further

Nvidia Corporation is one of the largest developers of graphics processors and chipsets for personal computers and game consoles. The head office is in Santa Clara, California. NVIDIA Corporation does not have its own manufacturing facilities and therefore works according to the fabless principle.

Nvidia is the second most valuable company after Apple as of today, with a market cap at $3.497 trillion. In the last one year, Nvidia has gained with 167.96%. Before the close of market yesterday, Nvidia reached an all-time high of $153.13 but subsequently declined by 6.2%, closing at $140.14. This fluctuation followed CEO Jensen Huang’s keynote at CES 2025, where he introduced the GeForce RTX 50-series gaming chips. Despite these advancements, some investors were disappointed by the lack of immediate AI and robotics innovations, contributing to the stock’s decline.

Many analysts rate NVIDIA as a “Buy”, with ambitious price targets due to its innovation and growth trajectory. Price might fall to $133 in the coming weeks, which could be an indication of a buying level for Nvidia Investors. RSI on the four-hour chart shows price has been overbought, this could be an indication for a continued temporary fall in price.

November 6, 2024November 6, 2024

Boeing Stock Price Consolidates

Boeing’s share price opened the year with a series of gap downs. These gap downs are yet to be retraced, as some of the gains of Boeing in 2023 have been lost. The opening price of Boeing in 2024 was $257.29. It has been an awful year for Boeing Investors as the current price stands at $148.65 as at the time of this writing.

For the past two months, Boeing machinists have been on strike. Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. The union rejected a previous offer from Boeing that included a 35% pay hike, extending the strike that began on Sept. 13.

The striking employees, whose absence had put production at a near-standstill, can return to work next week Wednesday “and must return by beginning of their shift on Nov. 12, 2024,” according to the union and the company. The last 3 months candle sticks closed bearish. There are indications of a possible rally as striking workers resume in 6 days. $BA price has been consolidating since October 10, at a support level at $146.89. We might see price rally to $241 in 2025.

October 30, 2024October 30, 2024

Alphabet’s Price Might Break Out Of Range

Alphabet Inc. was founded 26 years ago. The establishment of Alphabet Inc. was prompted by a desire to make the core Google business “cleaner and more accountable” while allowing greater autonomy to group companies that operate in businesses other than Internet services.

$GOOG’s opening price in 2024 was $138.40. Price rallied to an all-time of $191.72 this July. Some of the gains in 2024 have been lost as the current price is at $166.72 per share. Alphabet, Inc will report earnings today, expecting Q3 adjusted earnings of $1.84 per share on $86.37 billion in revenue, up from last year’s $1.55 per share and $76.7 billion in revenue.

The fall in the price of Google made price reach $146.97 on September 9, which stands as the current support level. A bounce from the support started on September 11, 2024. There have been a price range in the value of $GOOG since mid-September. Price has been ranging from $160.01 and $167.43. A breakout of the range to the upside is expected soon. The might lead to price gain in the value of $GOOG after the recent loss. The next rally might lead to the price of GOOG breaking new highs in the coming weeks. We see price hitting 190.40 in a couple of weeks.

September 18, 2024September 18, 2024

Google Bounces From Support Level

The fourth most valuable company in the world, Alphabet Inc with the ticker $GOOGL currently has a market capitalization of $1.950 trillion with the current share price at $158.99. $GOOGL has appreciated with 14.41% in the last one year. The monthly chart is majorly characterized with higher highs and higher lows. The total number of employees as of today stands at 182,500 globally and in the last 7 quarters, $GOOG has been consistently profitable.

In July 2024, price of $GOOG reached an all-time high at $194.31. As soon as the high was reached, the bears pushed price lower which resulted in a bearish close for the last two months. Also, price has continued with the downward slope this month with the current price at $158.99 after a rally from the 3 months low at $148.64. The bulls seem to be fully back into action, as we might see a continued rally from the support level of $148.64. We could see price reach new highs, which could eventually make the price of $GOOG reach $200 before the end of this year.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock in your portfolio? Schedule a meeting with us here

September 4, 2024September 4, 2024

Nvidia Stock Falls After Earning Report

As of September 2024, NVIDIA has a market cap of $2.692 Trillion. This makes NVIDIA the world’s third most valuable company. Nvidia lost $279 billion in value during yesterday’s tech-market selloff, the biggest single-day market-cap decline on record. Prior to this price fall, price of Nvidia fell by 8% on Monday. Nvidia posted modestly better-than-expected second earnings last week, albeit against elevated expectations for the market’s hottest stock.

Despite the recent loss in the value of Nvidia, it’s still been a profitable year for Nvidia. The opening price of Nvidia in 2024 was $49.49. Price reached an all-time high in June 2024 at $141.41. After this high price, there was a correction. This correction made price hit an August low at $90.20. A bounce has since then occurred with the current price at $108.61 as at the time of this publication.

Price of Nvidia might fall to $78.91 in the coming weeks as the bears are active. Price has been overbought using the RSI on the daily chart multiple times, but the four-hour chart shows price has been oversold. This oversold position is not a guarantee for a price recovery. Price is currently in the bear region on the four-hour chart.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock in your portfolio? Schedule a meeting with us here

May 30, 2024May 30, 2024

Nvidia Is Now The Third Most Valuable Company.

The company was founded in January 1993 by Jen-Hsun Huang, Curtis Priem and Chris Malachowsky. In May 1995, Nvidia launched the NV1 (STG-2000), one of the first 3D accelerator processors (GPU). In January 1999, Nvidia was included in the NASDAQ (NVDA) and delivered the ten millionth graphics chip in the same year. In the Forbes Global 2000 of the world’s largest companies, Nvidia ranks 572 (as of: 2017 financial year). The company had a market value of approximately US $155 billion in mid-2018.

Fast-forward to May 2024, $NVDA is the third most valuable company in the world with a market capitalisation of $2.829 Trillion. On March 8, 2024, Nvidia reached a high of $977 before price fell to $755 in April 2024. A rally began in the latter part of April which has resulted into Nvidia reaching new highs in May 2024.

In the month of May, Nvidia had at least 5 Gap ups on the daily chart. $NVDA is currently at $1134. There might be a price reversal to these gap ups in the coming weeks. This reversal might eventually drop the price of Nvidia to $784. Eventually if Nvidia price fall to the $784 price level, Nvidia might no longer be the third most valuable company in the world. RSI on the weekly and daily shows price has been overbought.