As summer trading begins and volumes dwindle, the overall market has climbed nearly 11% year to date (YTD), with the SPY ETF just 1% off its all-time high. Leading the charge is NVIDIA Corp. NASDAQ: NVDA, the market's hero, now up 130% YTD and 20% over the previous week following a blowout earnings release.
Nvidia shares have soared past $1,000 as the company continues to deliver triple-digit earnings gains. Such a high share price has made it difficult for some investors to get in on the stock.
Shares of Nvidia, a leading maker of artificial-intelligence chips, take a breather Thursday.
Nvidia (NASDAQ: NVDA ) once again impressed the market with its Q1 earnings report. Nvidia stock exceeded estimates by $1.45 billion with a 262% revenue surge.
Nvidia CEO Jensen Huang said the company "will see a lot of Blackwell revenue this year."
Former House Speaker Nancy Pelosi and her investor husband have made nearly $4 million over the past six months on Nvidia call options he purchased, analysts estimate.
On Tuesday, NVIDIA Corp NVDA stock surged past $1,100 for the first time, closing at an impressive $1,139. This significant rise was driven by Elon Musk's artificial intelligence startup, xAI, which announced a $6 billion Series B funding round.
Despite some rough waters in the broader market, semiconductor giant Nvidia (NASDAQ: NVDA ) continues to march along its upward trek. Notably, Stephen F.
NVIDIA, the world's third-most valuable company, is now just $100 billion away in market value to overtake Apple (AAPL) in a major reshuffle of Wall Street's biggest players.
The maker of chips for AI is splitting its stock, effective on June 10. Bank of America took a look at which companies might do the same.
Here is how Nvidia (NVDA) and Onto Innovation (ONTO) have performed compared to their sector so far this year.