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
NVIDIA Stock (NVDA) Surges After Strong Earnings Report After NVIDIA’s long-awaited first-quarter earnings report, concerns about the semiconductor giant quickly dissipated as the company exceeded expectations. The tech giant reported adjusted earnings per share of $6.12, beating the consensus target of $5.59, and generated sales of $26.04 billion, surpassing the expected $24.65 billion. Management also … Read more
The Justice Department is stepping up its antitrust efforts by targeting Live Nation, filing a lawsuit that seeks to split up the entertainment giant. Prosecutors and a coalition of states claim that Live Nation used its Ticketmaster ticketing monopoly to crush competition, following a two-year probe into the company. This legal action comes 14 years … Read more
Nvidia is planning to split its shares after experiencing a significant increase in its share price. This move is expected to generate more interest from retail investors and potentially lead to the company being included in the Dow Jones Industrial Average. The image shows the Nvidia logo, representing the chipmaker’s prominent presence in the technology … Read more
Arista Networks saw a drop in its shares following a strong earnings report from chip giant Nvidia. Hosts Julia Hyman and Joseph Lipton discussed how Nvidia’s AI chip offerings and Spectrum-X Ethernet platform could impact Arista’s network operating systems business. Additionally, an exclusive interview with CEO Jensen Huang provided further insights into Nvidia’s current market … Read more
NVIDIA, a leading artificial intelligence company, is set to split its shares 10 for 1 on June 7, 2024, resulting in a decrease in share prices. The split comes after NVDA stock surpassed $1,000 per share following steady growth and a record-breaking quarter. The stock split aims to make high-priced stocks more accessible to new … Read more
IBM stock closed in the red on Thursday, ending a six-day winning streak. The shares dropped by -1.72% to $170.70, falling below its 52-week high of $199.18. Over the past 12 months, the stock has gained 33.9% in value. During the month of May, IBM has closed in the red for five business days so … Read more
Warren Buffett’s Berkshire Hathaway has been a major player in the investing world for over five decades, achieving impressive returns for its investors. Starting as a textile company on the verge of failure, Buffett transformed Berkshire into a holding company with investments in various successful businesses. Berkshire’s portfolio includes well-known companies like Apple, Coca-Cola, and … Read more
Semiconductor stocks experienced a mixed day of trading on Thursday, with Nvidia standing out after reporting impressive quarterly results and providing strong guidance that received positive feedback from Wall Street. Nvidia’s stock soared by 10% after surpassing the $1,000 mark and announcing its second-quarter revenue expectations of $28 billion, exceeding analyst forecasts. The company’s CEO, … Read more
Nvidia’s stock is on the rise for two main reasons. First, the latest earnings report for the company showed a significant increase in revenue, particularly in the data center segment. Sales for the first quarter of fiscal 2025 exceeded expectations, reaching $26 billion, and Nvidia is projecting further growth to around $28 billion in the … Read more