Investors looking for a safe haven alternative to Nvidia’s high-flying stocks may find solace in the company’s bonds. These bonds offer a more stable investment option compared to the volatile nature of the stock market. With uncertainties looming over the global economy, many investors are seeking refuge in bonds as a way to protect their … Read more
This year, Nvidia has outperformed the S&P 500 by a significant margin, making it challenging for investors without exposure to the stock to beat the market. As a result, the average S&P 500 stock is trailing the index by 10.7%, the worst underperformance since 1990. Nvidia’s shares have increased by 174% in 2024, contributing to … Read more
Nvidia, the chip company that has emerged as a dominant force in artificial intelligence technology, saw its stock rise by 3.4% on Thursday, leading to overall gains in US stock indices. The S&P 500 reached a record high for the 31st time this year, while the Nasdaq Composite also hit a new record. Despite positive … Read more
NVIDIA has surged past Microsoft and Apple to become the world’s largest company by market value. This milestone has had ripple effects in the broader market, with the Nasdaq reaching a seventh consecutive record close, the S&P 500 experiencing a record 30 closings this year, and the market having its best year since 2021. The … Read more
Nvidia CEO Jensen Huang’s net worth has skyrocketed by over $4 billion, propelling him to the 11th spot on Forbes’ real-time billionaires list. This surge in wealth follows Nvidia becoming the world’s most valuable public company, driven by AI technology. When the company’s shares jumped over 3% on June 18, Huang’s net worth soared to … Read more
HPE stock is surging approximately 15% today following the company’s better-than-expected quarterly financial results. Revenue for the fiscal second quarter reached $7.2 billion, exceeding analysts’ estimates, with earnings per share at 42 cents compared to the estimated 39 cents. Free cash flow also saw a significant increase to $610 million. The company raised its full-year … Read more
NVIDIA’s stock surged after the company reported better-than-expected earnings and announced a 10-for-1 stock split. Investors reacted positively, with shares rising 10.8% following the news. The company’s revenue of $26 billion exceeded analyst expectations, and its margins continued to expand. Additionally, NVIDIA announced a stock split and an increase in its dividend. CEO Jensen Huang … Read more
As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more