Vidya Ramakrishnan

Monday is extended from a buy point of 239.22 as it heads into Q3 earnings on Monday. The stock leads the enterprise software group.

Amphenol is in a buy zone from a buy point of 70.84 after breaking out on Oct. 23, when the company announced third-quarter results that topped Wall Street expectations. Although the stock pulled back after its Oct. 23 breakout attempt, it rebounded after touching the 21-day exponential moving average. The rising relative strength line on an IBD MarketSurge chart shows that the stock is also outperforming the S&P 500 as it finds itself in a buy zone that goes up to 74.38.

Artificial intelligence chip leader Nvidia is near an all-time high after shares broke out again at a proper buy point of 140.76 on Wednesday. The stock has shaken off last week's losses, when Nvidia finished 4.3% lower amid earnings from Magnificent Seven companies Microsoft and Meta Platforms, reported a strong third quarter. Nvidia's market cap was $3.65 trillion while Apple's stood at $3.43 trillion as of Thursday's closing prices.

Meanwhile, a company backed by artificial intelligence giant Nvidia took a dive, while troubles mounted for struggling Super Micro Computer on the stock market today. Investors gave a slight lift to the Dow Jones Industrial Average, which edged up 0.2% in recent action while the S&P 500 started to venture into positive ground. The Nasdaq lagged, however, falling 0.2%, though it was paring its losses.

Nvidia reports its much-awaited third-quarter results next Wednesday after the market close. On Wednesday Mizuho analyst Jordan Klein said that analyst estimates for its January quarter are targeting $36 billion to $39 billion in revenue. Nvidia has to hit the midpoint or higher, "or the stock gets hit hard."

The Dow Jones Industrial Average held most of its midday gains in the afternoon session Wednesday as an inflation report showed price gains were in line with estimates. Meanwhile, a company backed by artificial intelligence giant Nvidia took a dive in the stock market today.

The Dow Jones Industrial Average and other major indexes trimmed gains in late trading Wednesday, while bitcoin soared past $93,000. Wednesday's inflation report showed price gains were in line with estimates in October.

Major stock indexes ended Wednesday trading virtually flat after an inflation report showed no surprises for investors. Bitcoin managed to soar past the $93,000 mark, but a partner of artificial intelligence giant Nvidia took a dive. The Nasdaq lagged, but its loss was just 0.3%.

Nvidia reports its much-awaited third-quarter results next Wednesday after the market close. Shares are in a buy zone. Technically, that makes Nvidia stock a buy. But investors who follow the IBD Methodology and realize there's earnings risk are wondering, should they buy the stock now? On Thursday, chip lithography gear maker, ASML maintained its 2030 sales target of $46.

Nvidia stock rose past a buy zone from a buy point of 140.76 on Thursday. Shares are in a second buy zone from a handle entry at 144.42.