Trending Stocks Today: Nvidia, Microsoft, Meta, Tencent, and Next Stock
In a highly-anticipated keynote speech at the 2025 Consumer Electronics Show (CES) in Las Vegas on Monday, Nvidia CEO Jensen Huang laid out his vision for the company’s AI software offerings. The event marked the unveiling of the company’s new GB10 superchip, which is set to revolutionize the field of artificial intelligence.
Nvidia’s Vision for AI
Huang’s speech highlighted the vast potential of AI in transforming various aspects of our lives. He emphasized that Nvidia aims to make AI more accessible and powerful, enabling developers to create innovative solutions that can improve human experiences.
GB10 Superchip: A Game-Changer
The GB10 superchip is a significant upgrade to Nvidia’s previous generation of chips. It boasts improved performance and efficiency, making it an ideal solution for applications requiring massive computational power. The chip will be integrated into a small desktop system called Project DIGITS, which will be available from May at a starting price of $3,000 (£2,392.80).
Open Model License Cosmos Platform
In addition to the new chip and desktop, Nvidia also debuted its open model license Cosmos platform for developing physical AI systems. These physical AI systems include humanoid robots, self-driving cars, and other advanced technologies that can transform industries such as healthcare, transportation, and education.
Investor Reaction
Ahead of Huang’s speech, Nvidia shares closed at a fresh record high of $149.43 on Monday. The stock continued to rise in pre-market trading on Tuesday, with Russ Mould, investment director at AJ Bell, stating: ‘Nvidia’s runaway success means it has high expectations to meet on everything it does.’
Microsoft’s AI Investment
Meanwhile, Microsoft CEO Satya Nadella announced that the tech giant planned to invest $3bn in its AI and cloud computing capabilities in India. The investment aims to accelerate the adoption of AI in various sectors, including education and healthcare.
Nadella also stated that Microsoft plans to give AI training to 10 million people in India by 2030. This ambitious goal reflects the company’s commitment to democratizing access to AI technologies.
Meta’s Board Appointments
Social media company Meta appointed Dana White, CEO of the Ultimate Fighting Championship (UFC) and ally of US president-elect Donald Trump, to its board. Former Microsoft executive Charlie Songhurst and Exor CEO John Elkann were also elected to the board.
Mark Zuckerberg, CEO of Facebook-parent Meta, expressed his enthusiasm for the new appointments: ‘Dana, John, and Charlie will add a depth of expertise and perspective that will help us tackle the massive opportunities ahead with AI, wearables, and the future of human connection.’
Tencent’s Shares Slide
Shares in Tencent slid 7% on Tuesday after the US added the technology company to its blacklist of firms suspected of having ties to the Chinese military. The move reflects escalating trade tensions between the US and China.
Next’s Cautious Outlook
Retailer Next provided a cautious outlook for the business, citing the expected impact of tax increases and higher wage costs out of the autumn budget. To offset an ‘unusually high’ £67m ($84m) increase in wage costs, Next plans to raise prices on like-for-like goods by 1%.
Calendar Year 2025: A Challenging Year for Retail
As predicted by analysts, calendar year 2025 is likely to be a challenging year for the UK retail sector. The Autumn Budget means retailers will face significant increases in employee costs, which many may struggle to offset.
Other Notable News
Micron Technology, FuboTV, Disney, Advanced Micro Devices, Sodexo, Volvo Car, and Norwegian Air Shuttle were among other companies making headlines on Tuesday 7 January.
Stay tuned for more updates from the world of finance and technology.
