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Nvidia Stock Rises. Why Fed’s Jumbo Rate Cut Will Boost the AI Chip Maker.
Nvidia shares looked set to rack up more gains on Thursday, rising amid the broader rally triggered by the Federal Reserve’s decision to slash interest rates by a half a percentage point.The chip designer’s stock was up 3.
Why Nvidia Stock Jumped After the Big Fed Rate Cut
But it wasn't just the Fed rate cut that had investors pouring into
Nvidia
stock
today. CEO Jensen Huang also just spoke on stage with Salesforce CEO Marc Benioff at the Dreamforce annual technology gathering in San Francisco hosted by Salesforce.
NVIDIA Corp. stock falls Wednesday, underperforms market
Shares of NVIDIA Corp. NVDA slipped 1.92% to $113.37 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.25% to 41,503.10.
Nvidia's stock market dominance fuels big swings in the S&P 500
Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader markets could be hurt if the chipmaking giant's fortunes turn.
There's 'Still Room' on the Nvidia Stock Bandwagon, Analyst Says
Nvidia's share price may have already more than doubled in 2024, but analysts at William Blair say it isn't too late for investors to get in on the fun.
Nvidia Stock Has 41% Upside, According to 1 Wall Street Analyst
William Blair initiated coverage of Nvidia with an outperform rating. Analyst Sebastien Naji thinks investors are not accurately pricing in Nvidia's total addressable market. In doing so, Nvidia has reached a nosebleed valuation and now trades at 40 times forward earnings.
Has Nvidia Stock Peaked? These Words From the CEO May Suggest What's Next
It really wasn't too long ago that Nvidia was seen as a niche opportunity among a broader sea of technology companies. And yet, today, Nvidia is the third-largest in the world as
MarketWatch
3m
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Chip stocks including
Nvidia
Corp.’s are among the leading S&P 500 gainers Thursday, on a strong day for technology names ...
4h
This Nvidia ETF Has a Sky-High 77% Dividend Yield, but Should You Just Buy Nvidia Stock Instead?
That's exactly what has happened with Nvidia. Over the past year, Nvidia stock is up by 166% as the surge in AI investment ...
1d
on MSN
Nvidia’s stock picks up a new bull who says there’s ‘still room on this train’
A William Blair analyst cheers Nvidia’s moat and margins — while also weighing in positively on Broadcom and Arm shares.
1h
Why Nvidia (NVDA) Stock Is Trading Up Today
Real-time index price for Nasdaq 100 Technology Index (NDXT), along with buy or sell indicators, analysis, charts, historical ...
5h
1 Solid AI Stock That's Not Nvidia or Palantir to Focus On in the Next Few Years
Tesla, arguably, has contributed more to the automotive industry than any incumbent car maker since Ford Motor Company ...
Finbold | Finance in Bold
4h
Major investment firm initiates coverage on Nvidia stock
Amid a recent lackluster performance of Nvidia (NASDAQ: NVDA) stock following its earlier stellar advances, financial ...
2d
Could Nvidia Stock Help You Become a Millionaire?
If you had invested $5,000 in Nvidia (NASDAQ: NVDA) 10 years ago, your investment would be worth more than $1.24 million ...
1d
on MSN
Attractive Nvidia and Alphabet prices could be a stock-market October surprise. Here’s why.
Stocks hold up better in September and October when conditions are right: Two stocks that look attractive in this environment ...
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