CNBC Daily Open: Dow drops, Nvidia can't save Nasdaq – CNBC
Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. The CNBC Daily Open brings investors all the information they need to know, wherever they […]
Nvidia Stock Jumped After Stock-Split News. These 14 Names Could Be Next. – Barron's
Nvidia’s stock split is likely just the start of similar efforts by other companies. Investors should pay attention, as stock splits often precede big rallies. When Nvidia reported its first-quarter results last week, it announced a 10-for-1 stock split at the close of trading on June 7. Investors will receive 10 shares for each share […]
Overinvested in Nvidia? Here are some alternative growth stocks – CNBC
Investor darling Nvidia’s artificial intelligence momentum continued as revenue beat expectations last week. The company’s earnings report on Wednesday pushed the stock above $1,000 for the first time. The stock continued to perform well in Thursday trading, closing at an all-time high, up more than 9%. But some analysts are concerned about a possible slowdown […]
Nvidia stock reaches all-time high after strong earnings, share split
Shares of chip maker Nvidia hit an all-time high on Thursday after the company reported better-than-expected first-quarter profits and announced a stock split. Nvidia was trading at about $1,051 a share just after 12:30 p.m. EDT Thursday, well above its previous high of about $950. The company reported Wednesday that revenue is expected to be […]
Nasdaq 100 futures rise after Nvidia posts quarterly earnings beat: Live updates – CNBC
31 minutes ago Stocks with the biggest price moves after the bell: Snowflake, VF Corp and more Some of the stocks whose prices changed after the close of trading are as follows: Snowflake — The cloud computing company’s stock rose more than 4%. First-quarter revenue exceeded market expectations, at $829 million, compared to market expectations […]
Nvidia announces 10-for-1 stock split
Nvidia is rolling out a 10-for-1 stock split and is capitalizing on the AI boom it has been driving, giving investors huge profits. The stock is up more than 91% so far this year, with shares rising above the $1,000 mark in the extended session and closing at $949.50 per share on Thursday. After the […]
Nvidia shares jump after AI chip maker unveils stock split, rosy sales forecast
Nvidia on Wednesday forecast better-than-expected second-quarter sales and announced a 10-for-1 forward stock split, impressing AI optimism on investors who have already tripled the chipmaker’s market value over the past year. Shares of the Santa Clara, California-based company rose 4 percent after the bell, to nearly $974. Shares of leading AI companies are up more […]
Stocks await Nvidia earnings, Target, Fedspeak: 3 Things – Yahoo Finance
Stocks (^DJI, ^IXIC, ^GSPC) are bracing for NVIDIA (NVDA) earnings to be released after market close, which could be the difference between winning and losing the market rally in May. Retailer Target (TGT) reported lower consumer discretionary spending, with first-quarter sales and profits slightly below expectations. Minutes of the Federal Reserve’s latest FOMC meeting will […]
Wednesday's top stock calls like Nvidia – CNBC
Wednesday’s biggest voices on Wall Street: Morgan Stanley reiterates its overweight rating on Tesla Morgan Stanley maintains overweight rating on Tesla, but other automakers also use AI He said it was only a matter of time before it started. “In our view, as Tesla becomes more clearly ‘tied’ to AI, investors will ask the question, […]
How Nvidia became the king chipmaker, from a Denny’s to $2.3T market cap
Beth Kindig, Principal Technology Analyst at I/O Fund, discusses expectations for Nvidia’s earnings report on “Making Money.” Wall Street is eagerly awaiting Wednesday’s latest earnings report from Nvidia, a company that has grown rapidly amid a boom in artificial intelligence (AI) technology. Nvidia has leveraged its dominance in the AI chip market to become the […]