Stay Ahead Of The Curve: AI Weekly Nvidia Stock Market Success: Higher Price Targets Are Possible On February 10, I Know First published their latest premium article on Nvidia. Since then, the stock has jumped 15% following an extremely successful earnings report. The article predicted why Nvidia can hit $280 soon. The chipmaker has already surpassed these expectations and the article's explanation shows the reason why.



Nvidia still touts the best-performing graphic cards and in the gaming world, performance matters more than price tag for most when it comes to graphic cards. Nvidia’s continued dominance of the GPU market makes it a safer long-term investment than Advanced Micro Devices (AMD). Nvidia has been enjoying over 65% market share in discreet graphic cards and this number doesn't seem like it will be going down anytime soon. As new PC games will get launched this year. Many of them will require at least new mid-range GPUs like the GeForce RTX 2070 Super. The emerging leadership of Nvidia in cloud gaming complements its decades-long dominance of the on-premise PC gaming industry.



Read more. i24 News Channel Interview with I Know First CEO Yaron Golgher i24 News channel invited Yaron Golgher, CEO of I Know First, to discuss how the company is able to boost investors' portfolios by uncovering superior investment opportunities using its AI-based algorithmic forecasting solutions for the capital markets. I Know First predicts financial markets' trends through utilizing AI and Neural Networks, delivering daily forecasts for 10,500 assets from various classes from over 50 stock exchanged worldwide.



As an example of the most recent successful algorithmic prediction, the discussion turned to the Tesla stock rally over first week of February - Yaron shared how the algorithm provided bullish signals for this stock before the hike actually started and what are the algorithm's insights on the future Tesla performance. You can also learn more about this on LinkedIn. Read more. The Next Frontier of AI: Predictability in Financial Markets The question of whether or not financial markets are predictable has been a hotly debated topic, with some supporting an "Efficient Market Hypothesis" which essentially means that all asset prices reflect available information. Under this theory, it is not possible to consistently outperform the market without illegal means such as insider trading. Over the course of the history of the stock market, this theory seemed to have some legitimacy. Very few were able to consistently achieve outsized returns compared to benchmark indexes such as the S&P 500. The introduction of computing and Artificial Intelligence in the financial world seems to have disproved the Efficient Market Hypothesis.



AI is continuing to disrupt preconceptions across finance. I Know First's machine learning algorithm utilizes the new technology in order to produce forecasts on the movement of stocks. On top of that commodities, interest rates, currencies, exchange traded funds (ETFs), and global indices are also incorporated into it. As of now, the predictions for these assets are sent daily for a range of six different time horizons: 3 days, 7 days, 14 days, 1 month, 3 months, and 1 year. The forecasts provided do not only identify assets that have potential to provide returns, but also include information about the predictability of the signal associated with the asset. This allows the utmost confidence in the forecast.



Read more. FB Stock Forecast: Instagram Advertising Makes FB a Buy Facebook (FB) only paid $1 billion to acquire Instagram in 2012. Bloomberg reported last week that Instagram made $20 billion in advertising revenue last year. Instagram is now, therefore, contributing more than 28% of Facebook’s annual ad revenue of $69.66 billion. Instagram fulfilling my $28 billion forecast should help Facebook make $87 billion this year. Greater revenue from Instagram can also help FB end 2020 with $10 EPS.



Currently, Facebook is undervalued. Instagram’s annual ad revenue is 11x greater than that of Snap’s (SNAP) 2019 revenue of $1.72 billion. It is a, therefore, a big mistake for the stock market to give FB a 23.08x Forward Non-GAAP P/E valuation while giving SNAP 1,291.27x. Additionally, using a Forward non-GAAP P/E ratio of 24x, FB should trade at $240 pretty soon. However, investors only give FB a current Forward Non-GAAP P/E valuation of 23.08x. Aside from its current undervaluation, Facebook also touts a very strong balance sheet including zero long-term debt. This shows the strength of the social media mammoth. Read more. MU Stock Forecast: Micron Deserves A 90 Day Price Target of $65 Micron’s stock dipped more than 3% last Friday due to concerns over the new coronavirus outbreak in China. Going forward, this is just temporary. More than 90% of Micron’s semiconductor factories are located outside of China. China and its international partners of researchers/healthcare workers will likely solve the new coronavirus outbreak before June. The bigger picture is that even if Huawei and other factories shut down for the whole month of February, Micron is still continuing to manufacture its products.



In terms of technology, Micron’s new LPPDR5 for smartphones is now in mass production. Xiaomi’s Mi 10 and Mi 10 Pro will come equipped with Micron’s LPDDR5. Other 2020 phones will shortly follow. LPDDR5 is 50% faster than LPPDR4x. It is also up to 30% more energy efficient. LPPDR5 will definitely become the new standard for smartphones and tablets this year. Read more.

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