The news also helped in pulling up the share price of the chipmaking behemoth by 3.5% on Wednesday. With this surge, Nvidia has almost tripled its value this year. It has been the success story of the year, with the AI boom contributing to its valuation surpassing $1 trillion in 2023.

Also reported, Nvidia will invest $50 million into Recursion (RXRX) AI models used for drug discovery.

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Analysts at Goldman Sachs have raised their price target for NVIDIA, citing the potential for artificial intelligence to help boost the graphics card maker's performance.

In a note to clients, the analysts hiked their 12-month price target to $495 from $440 and reiterated their "Buy" rating of the stock.

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DraftKings stock hit a fresh 52-week high yesterday as investors grew more bullish on the mobile sports wagering company that saw shares decline nearly 60% in 2022.

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It is a growing belief that oil prices will rally, given the correlation between crude prices and oil company stock prices, and buying the dip in Occidental Petroleum is a reasonable assumption. That's a fairly widely held view among oil market forecasters these days.

Since taking the weekly call trade on OXY there has been a steady jump in share price.

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Carnival Corp (NYSE: CCL) stock has been a hot buy in 2023 with travel demand soaring. Year to date, it has risen 140%. But after the cruise line operator reported its latest quarterly results last month, its shares fell despite what looked to be a strong performance as investors may have been expecting more.

However, Carnival's stock should remain a great buy.

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Wednesday, last week, Netflix pulled in new gains with a terrific report from Jason Helfstein, an analyst from Oppenheimer. On Thursday, it grabbed new attention at Citi as it started a 30-Day Catalyst Watch. This initially gave it a boost.

And now, Netflix shares edged higher Wednesday, this week, after Goldman Sachs analysts boosted their rating and price target on the streaming service heading into its second-quarter earnings report later this month.

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