Nvidia’s impressive growth, leading to a market cap of $3.34 trillion, has had a positive impact on technology stocks in Asia. Companies like Taiwan Semiconductor Manufacturing Corp (TSMC) and Hon Hai Precision Industry (Foxconn) saw gains of over 4%. In Japan, Advantest and SoftBank Group Corp also experienced significant increases in their stock prices. South … Read more
Asian stocks showed mixed performance on Wednesday, with U.S. benchmark indices hitting new records despite signs of a potential slowdown in the U.S. economy. The Nikkei 225 in Tokyo rose 0.2%, driven by strong trade data for May. Hong Kong’s Hang Seng gained 2%, while the Shanghai Composite Index fell 0.3% following announcements to improve … Read more
Global stock markets showed mixed results today after US chipmaker Nvidia set new records on Wall Street. The company’s shares soared after reporting strong earnings and revenue growth, boosting investor confidence in the tech sector. In the US, the S&P 500 and Nasdaq both closed at record highs, led by gains in tech stocks like … Read more
In the midst of shifting market dynamics, Intel’s stock has taken a hit, currently trading at $31 per share, a significant drop from the levels of almost $68 seen prior to the inflation shock. This decline can be attributed to decreasing demand for PCs and laptops as remote work and learning trends eased following Covid-19 … Read more
Wall Street reached record highs as the frenzy surrounding artificial intelligence technology continued to boost stocks, with NVIDIA leading the way. The S&P 500 and Nasdaq hit all-time highs, fueled by strong earnings reports from technology companies such as Hewlett Packard. NVIDIA’s market value surpassed $3 trillion for the first time as their chips drove … Read more
Barry Knapp, managing partner at Ironsides Macroeconomics, recently discussed the possibility of the United States facing a sovereign debt crisis on ‘Making Money.’ In other news, Nvidia’s stocks have reached a new all-time high, contributing to a boost in retirement accounts as the Nasdaq hits a new record. Additionally, News Corp. and OpenAI have struck … Read more
Nvidia’s shares reached record levels following the release of its quarterly results, displaying a strong upward trajectory over the past year. Investors interested in purchasing Nvidia stock face the challenge of timing the market due to its high valuation. The Investment Club, which has held Nvidia stock since 2019, recommends waiting for a pullback before … Read more
The stock market reached new all-time highs on Thursday, with the S&P 500 and Nasdaq 100 indices hitting major milestones. This surge was fueled by Nvidia Corp. (NVDA), which saw its stock price soar 9% to over $1,000 per share after reporting exceptional earnings and optimistic guidance. The chipmaker reported a revenue of $26 billion … Read more
Investors eagerly awaiting Nvidia’s results turned their attention to retail earnings and Federal Reserve commentary for insights into the state of the economy. The company’s performance was highly anticipated as it is a key player in the tech sector. The focus on retail earnings and Federal Reserve statements reflects the broader market sentiment and the … Read more
The compensation of CEOs at Fortune 500 companies has seen a significant increase in recent years, with half of executives now earning a median salary of at least $15.7 million. Broadcom CEO Hock Tan topped the list as the highest-paid CEO, receiving $162 million in compensation last year. However, Tan will only receive the full … Read more