nvidia, adobe and $30 million Updates

Nvidia continues to drive the artificial intelligence sector, leading as a top supplier of high-performance chips. The company is accelerating its hardware releases, including the new Rubin AI supercomputer, which promises lower costs and improved efficiency for AI model development compared to its Blackwell architecture. Nvidia also anticipates strong demand for its H200 chips from the China market, with UBS analyst Timothy Arcuri reaffirming a Buy rating and a $235.00 price target following recent presentations. In physical AI, Serve Robotics utilizes Nvidia's Jetson Orin platform for its autonomous delivery robots, expanding its fleet to over 2,000 and partnering with companies like Uber Technologies. The application of AI extends into financial markets and enterprise solutions. Pittsburgh startup StockSnips, founded in 2016, employs an AI-driven system to pick stocks by analyzing approximately 50,000 financial news articles daily. This technology manages $30 million in investments, including its NEWZ ETF launched in April 2024, and previously showed strong returns of 17.38% by late 2022, though it faced challenges in 2025 due to market volatility. Meanwhile, nCino, a cloud platform provider for banks, reported a strong third quarter, surpassing analyst expectations and highlighting its progress in AI capabilities. The company's board approved a $100 million stock repurchase program, projecting $728.9 million in revenue and $56.0 million in earnings by 2028. Figma, a cloud-based UX/UI software company, demonstrates significant growth in AI, launching tools like Figma Make, Figma Sites, and Figma Buzz, and acquiring Weavy. Despite regulators blocking Adobe's $20 billion acquisition in 2022, Figma reported strong third-quarter revenue of $274.2 million, up 38%, and remains profitable with $34 million in adjusted operating income. In the broader AI investment landscape, BlackRock is adjusting its 2026 portfolios, advising investors to focus on AI as a long-term investment cycle and offering AI-focused funds. While C3.ai Inc. shows strong near-term sentiment, it faces persistent weakness in the mid and long term, with its stock currently at $18.04 and elevated downside risk. Other promising AI stocks, including SoundHound AI, BigBear.ai, Hut 8, Tempus AI, and Ambarella, are also making moves, with acquisitions expected to close in Q2 2024.

Key Takeaways

• Nvidia leads in AI chips, planning annual hardware updates including the new Rubin AI supercomputer for efficient model training.
• Nvidia anticipates high demand for its H200 chips from China, with UBS reaffirming a Buy rating and a $235.00 price target.
• Serve Robotics uses Nvidia's Jetson Orin platform for its autonomous delivery robots, expanding its fleet to over 2,000 and partnering with Uber Technologies.
• StockSnips, an AI-driven startup, manages $30 million in investments by analyzing 50,000 financial news articles daily, launching its NEWZ ETF in April 2024.
• nCino, a cloud platform for banks, reported a strong Q3, approved a $100 million stock repurchase program, and targets $728.9 million revenue and $56.0 million earnings by 2028.
• Figma, a UX/UI software company, is advancing in AI with new tools and acquisitions, reporting $274.2 million in Q3 revenue despite Adobe's $20 billion acquisition being blocked.
• BlackRock advises focusing on AI as a long-term investment cycle, adjusting its 2026 portfolios and offering AI-focused funds.
• C3.ai Inc. shows strong near-term stock sentiment but faces persistent mid and long-term weakness and elevated downside risk.
• Several other AI companies like SoundHound AI, BigBear.ai, Hut 8, Tempus AI, and Ambarella are making strategic acquisitions expected to close in Q2 2024.

Nvidia and Serve Robotics Shine in AI Revolution

Nvidia continues to lead the AI revolution as a top supplier of high-performance chips, planning annual hardware updates. The company is already producing its next-generation Rubin architecture, an AI supercomputer that offers significant improvements over Blackwell, including lower costs and more efficient AI model training. Nvidia also anticipates high demand from the China market for its H200 chips. Serve Robotics is another key player in physical AI, developing autonomous delivery robots that use Nvidia's Jetson Orin platform. Serve Robotics has deployed over 2,000 robots and expanded partnerships with companies like Uber Technologies.

Nvidia and Serve Robotics Drive AI Growth

Nvidia remains a leader in the artificial intelligence revolution, supplying essential high-performance chips. The company is accelerating its hardware releases, including the new Rubin AI supercomputer, which promises lower costs and improved efficiency for AI model development compared to Blackwell. Nvidia also expects strong demand for its H200 chips from the China market. Serve Robotics is another important AI company, focusing on physical AI with its autonomous delivery robots. These robots use Nvidia's Jetson Orin platform and have expanded their fleet to over 2,000, partnering with major companies like Uber Technologies.

Pittsburgh Startup StockSnips Uses AI to Pick Stocks

Pittsburgh startup StockSnips, founded in 2016 by Ravi Koka and Viv Pennanti, uses an AI-driven system to pick stocks by reading financial news. This technology scans about 50,000 articles daily from 25 sources to understand market sentiment. StockSnips then identifies 30 top-performing stocks from a pool of 3,000, holding them for a month. The algorithm currently manages $30 million in investments, including its NEWZ ETF launched in April 2024. While it showed strong returns like 17.38% by late 2022, the system faced challenges in 2025 due to high market volatility.

nCino Reports Strong Quarter and $100 Million Stock Buyback

nCino, a company providing a cloud platform for banks, recently reported an exceptional third quarter. The company surpassed analyst expectations for revenue and next-quarter earnings per share, highlighting its ongoing progress in AI capabilities. nCino's board also approved a $100,000,000 stock repurchase program, showing confidence in its future. While these updates support short-term profitability, the company faces competition in fintech and AI solutions. Investors will watch how nCino balances AI investments with margin improvement, aiming for $728.9 million revenue and $56.0 million earnings by 2028.

Figma AI Stock Offers Bargain Price and Strong Growth

Figma, a cloud-based UX/UI software company, currently trades near its IPO price at $37.33, despite its market cap of $19 billion. Regulators blocked Adobe's $20 billion acquisition of Figma in 2022, a valuation higher than its current market cap. Figma is making significant strides in AI, launching tools like Figma Make, Figma Sites, and Figma Buzz, and acquiring Weavy. The company reported strong third-quarter revenue of $274.2 million, up 38%, and remains profitable with $34 million in adjusted operating income. Analysts believe Figma presents a good value given its AI investments and strong fundamentals.

UBS Analyst Reaffirms Buy Rating for Nvidia Stock

UBS analyst Timothy Arcuri reaffirmed a Buy rating for NVIDIA Corporation stock on January 6. He set a price target of $235.00 for the company. This positive rating follows Nvidia's recent presentations at the Consumer Electronics Show in Las Vegas. Arcuri anticipates that Nvidia's stock price will increase.

C3.ai Stock Shows Mixed Signals for Investors

C3.ai Inc. (NYSE: AI) uses predictive AI models to help investors. Recent analysis shows that while near-term sentiment for the stock is strong, it faces persistent weakness in the mid and long term. The current price is $18.04, and the stock has elevated downside risk. AI models have generated three trading strategies for different risk profiles, including long, breakout, and short positions with specific entry, target, and stop-loss zones. Investors should note the prevailing weak sentiment for C3.ai in the longer time horizons.

Five AI Stocks Show Promise and Acquisition Activity

MarketBeat's stock screener tool identified five promising artificial intelligence stocks to watch today. SoundHound AI, BigBear.ai, Hut 8, Tempus AI, and Ambarella all saw pre-market gains. Each of these companies announced definitive agreements to acquire their respective subsidiaries, with all acquisitions expected to close in the second quarter of 2024. These companies represent various aspects of the AI sector, from software to hardware and services, indicating potential for significant growth.

BlackRock Adjusts 2026 Portfolios for AI Growth

BlackRock, the world's largest asset manager, is adjusting its market portfolios for 2026, remaining bullish on stocks but emphasizing targeted investments. Jay Jacobs, BlackRock's head of equity ETFs, stated that investors should focus on specific growth areas like artificial intelligence, which BlackRock sees as a long-term investment cycle. With interest rates expected to fall, BlackRock advises looking beyond traditional cash options for income. The company offers AI-focused funds such as the iShares A.I. Innovation and Tech Active ETF. BlackRock also highlights the need for diversification due to the high concentration of mega-cap tech stocks in the US market.

Sources

• Want to Buy Artificial Intelligence (AI) Stocks in 2026? These 2 Companies Could Net You Millions in Retirement.
• Want to Buy Artificial Intelligence (AI) Stocks in 2026? These 2 Companies Could Net You Millions in Retirement.
• A Pittsburgh startup is using AI to read the news
• Will nCino’s (NCNO) AI Momentum and $100 Million Buyback Shift Its Long-Term Narrative
• This Artificial Intelligence (AI) Stock Is a Drop-Dead Bargain. And It Might Not Last Long
• Why Analysts See Nvidia’s AI Roadmap Driving EPS Upside Into 2027
• $AI | Trading the Move, Not the Narrative: (#AI) Edition (AI)
• Promising Artificial Intelligence Stocks To Keep An Eye On
• How BlackRock, world's largest asset manager, is fine-tuning market portfolios for 2026