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Why Nvidia Stock Rallied to a New All-Time High on Wednesday
Shares of Nvidia ( NVDA 4.48%) surged higher on Wednesday, jumping as much as 4.7% to a new all-time high. As of 3:02 p.m. ET, the stock was still up 4.62%. The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher was the outcome of the U.S. presidential election and what it means for the future of AI.
Prediction: NVIDIA Will Be the Next AI Stock to Split Under a Trump Presidency
Nvidia (NASDAQ:NVDA) stock never seems to go too long without experiencing a sustained rally higher. Undoubtedly, only time will tell if NVDA shares will retain the multi-bagger gains that investors have enjoyed in 2024.
Nvidia slips a spot among top S&P 500 stocks this year. Here’s what overtook it.
Nvidia’s stock now ranks third among the S&P 500’s biggest gainers for 2024. It held the No. 1 spot as recently as mid-September.
Prediction: This Stock Will Outperform Nvidia in 2025
Nvidia (NASDAQ: NVDA) has been a top-performing stock for the past two years, and all signs point toward it delivering once again in 2025. However, its growth is also likely to slow, and seeing the stock triple again is not likely in the cards.
Nvidia Stock Is Joining the Dow. Is It Time to Buy?
Although Nvidia has an outsized influence on the movements of the cap-weighted benchmarks, at current prices NVDA stock will be as important to the DJIA as, roughly, 3M ( MMM ). There's also the fact that it would have been nice if the keepers of the Dow had made this move sooner rather than later.
20h
on MSN
Nvidia stock surges to a record high, solidifying its position as the world's most valuable company
Nvidia's inclusion in the Dow Jones Industrial Average is another recent milestone. The chip giant will replace Intel on ...
4d
2 Brilliant Artificial Intelligence (AI) Stocks to Buy Before They Soar 190% and 200%, According to Certain Wall Street Analysts
Wall
Street
expects
Nvidia
's earnings to increase at 35% annually over the next three years. That makes the current ...
3d
on MSN
Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral ...
6d
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Super Micro's stock plunges after Ernst & Young resigns as auditor, raising concerns about the company's financial stability.
3d
on MSN
Nvidia Stock Is Up 173% in 2024, but Here's Another Super Semiconductor Stock to Buy Hand Over Fist, According to Wall Street
CEO Jensen Huang thinks data center operators will spend $1 trillion upgrading their infrastructure over the next five years ...
1d
Nvidia rides AI wave to pass Apple as world’s largest company
Nvidia previously closed with the title of largest company in June, although it only held the record for a day.
2d
Wall Street Analysts Think Nvidia (NVDA) Is a Good Investment: Is It?
According to the average brokerage recommendation (ABR), one should invest in Nvidia (NVDA). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' ...
8d
Wall Street Lunch: 10,000 Times Smarter Than Humans By 2035
Masayoshi Son predicts super AI 10,000 times smarter than humans by 2035. Ford tumbles as its EV business struggles. Consumer ...
12d
Nvidia Stock Could Soar Another 38%, According to 1 Wall Street Firm
Nvidia (NASDAQ: NVDA) has been in scintillating form on the stock market in 2024, reaching gains of nearly 180% as of this ...
5d
on MSN
Don’t let the stock’s selloff fool you. Nvidia had a great week.
Though Nvidia Corp.’s stock is set to snap a streak of five weekly gains on Friday, it was still a pretty good week for the ...
3d
Nvidia Replacing Intel In The Dow Changes Dividend Investing As We Know It
Nvidia
and Sherwin Williams will enter the Dow Jones Industrial ... the Index Effect may not have as much of an impact.
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