The Daily
Nvidia Just Delivered Spectacular News to Shareholders. Here's What You Need to Know.
Key Points
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Nvidia’s earnings topped estimates, and revenue reached record levels in the latest quarter.
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The company has built a dominant position in the high-growth AI market.
Nvidia (NASDAQ: NVDA) has an established track record of beating earnings expectations over the past several quarters —
Nvidia's Business is Booming But Its Stock Is Lagging. What Gives?
Key Takeaways
- The gap between Nvidia’s earnings and share performance expanded on Thursday as shares slumped even as the AI chipmaker forecast continued strong growth throughout this year.
- Investors are increasingly unsure that the AI infrastructure spending underpinning Nvidia’s growth is sustainable; general AI anxiety is also acting as a headwind for tech stocks.
» Read more about: Nvidia's Business is Booming But Its Stock Is Lagging. What Gives? »
Jim Cramer isn't fretting Nvidia's post-earnings sell-off. Here's how he would respond
Key Points
- CNBC’s Jim Cramer said Thursday that Nvidia’s stock was swept up in a wave of institutional selling.
- “Don’t take today as a referendum on anything,” the “Mad Money” host said.
Nvidia Stock Slips: Time to Buy on the Dip?
Shares of artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) slipped Thursday, following the company’s fiscal fourth-quarter results. Apparently, 73% revenue growth and a near-doubling of its earnings per share weren’t enough to please the Street. Even the company’s guidance was spectacular.
Yet here we are, with shares trading lower.
» Read more about: Nvidia Stock Slips: Time to Buy on the Dip? »
The worst day for Nvidia’s stock since last spring drags Wall Street lower
By STAN CHOE, AP Business Writer
NEW YORK (AP) — The worst day for Nvidia’s stock since last spring dragged the U.S. market lower on Thursday, even though most stocks on Wall Street rose.
The S&P 500 slipped 0.5% following sharp swings earlier in the week driven by hopes and worries created by the artificial-intelligence revolution.
» Read more about: The worst day for Nvidia’s stock since last spring drags Wall Street lower »
Cathie Wood Is Still Buying CoreWeave Stock. Should You?
Cathie Wood has become a closely watched figure in the investing world. Through a grouping of exchange-traded funds managed by her Ark Invest company, Wood focuses on buying companies known for disruptive innovation and working in fields such as robotics, blockchain, and artificial intelligence.
One of Wood’s most recent purchases was on Feb.
» Read more about: Cathie Wood Is Still Buying CoreWeave Stock. Should You? »
AI Stock Trading: The Future of Algorithms in Investing
There’s an iconic scene at the end of the 1985 film “Back to the Future” when Doc Brown returns from 2015 to warn Marty McFly and his future wife, Jennifer, that their future children have “problems.”
Moments later, they climb into a flying DeLorean. Marty surveys the pavement and questions the lack of road space for takeoff.
» Read more about: AI Stock Trading: The Future of Algorithms in Investing »
Huge volume in Netflix call options today shows investors are bullish on NFLX stock
Netflix, Inc. (NFLX) stock is up 5% today, leading to huge call options volume in two out-of-the-money (OTM) tranches. NFLX call buyers and covered call sellers are bullish, based on the Warner Bros …
These 3 Vanguard Growth ETFs Are Worth Buying, Even Near All-Time Highs
Courtesy of The Vanguard Group
(Courtesy of The Vanguard Group)
If you’re sitting on the sidelines watching Vanguard’s top growth ETFs hover near all-time highs, you’re not alone. But here’s the cold, hard truth – these funds are screaming buys for the long haul.
» Read more about: These 3 Vanguard Growth ETFs Are Worth Buying, Even Near All-Time Highs »