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Nvidia Stock Gets a Rare Downgrade Amid Valuation Concerns

The majority of analysts believe that the stock of chipmaker Nvidia will just keep on going up even after gaining 161.22% year-to-date. But New Street Research analyst Pierre Ferragu is taking a different route. According to Ferragu, Nvidia stock is “getting fully valued” and has...

S&P 500 and Nasdaq Set New Records as Nvidia Becomes Most Valuable Company

The rally of tech stock, mainly prompted by the Artificial Intelligence boom, has brought another record day for the U.S. stock market. The S&P 500 and Nasdaq Composite had a record close on Tuesday, The Dow Jones Industrial Average also finished high, and chipmaker Nvidia...

Nvidia Overtakes Apple as the Second Most Valuable Company on the US Stock Market

Shares of chipmaker Nvidia continued their climb on Wednesday, jumping 5.16% to reach an all-time record of $1,224.40. This pushed the company’s market cap past the $3 trillion mark for the first time ever, helping it surpass Apple as the second most valuable company...

Nasdaq Futures Up 2% Following Blowout Nvidia Earnings

Futures listed on the tech-heavy Nasdaq 100 advanced by 2% in early trading on Thursday after chipmaking giant Nvidia Corp released a blowout earnings report, raising its sales forecast as a result. With earnings showing that demand for its artificial intelligence is skyrocketing, Nvidia...

U.S. Futures Fall Ahead Of Nvidia Earnings

U.S. futures slipped early Wednesday as investors awaited the quarterly earnings report from chipmaker Nvidia Corporation. Contracts listed on the tech-heavy Nasdaq 100 slipped by as much as 0.4%, while those on the S&P 500 fell 0.2%. Futures on the Dow Jones Industrial Average...

Nvidia Stock Surges Following Quarterly Report

Nvidia stocks jumped by 9% during after-hours trading on Wednesday following the release of the company's second-quarter earnings. The chipmaker reported revenue of $13.51 billion, a 101% rise from the previous year, beating Wall Street expectations of $11.04 billion in revenue. adjusted earnings per share...