When Nvidia (NASDAQ: NVDA) released the results of its fiscal 2025 first quarter (ended April 28), the company delivered record results that crushed Wall Street’s expectations. However, shareholders were more intrigued by another development. In conjunction with its earnings release, Nvidia’s management revealed a sizable 10-for-1 stock split. Since its announcement on May 22, shares
“I’ve watched Nvidia all my career actually since it’s gone public. It’s a very cyclical stock,” Ark Invest’s Cathie Wood said of Jensen Huang’s chip company.Hugo Amaral/SOPA Images/LightRocket via Getty Images; Sam Yeh/AFP via Getty Images Cathie Wood’s decision to sell more than 1 million shares of Nvidia came as the stock rocketed to astronomical
The technology sector is currently experiencing something of a renaissance as breakthroughs in artificial intelligence (AI) have ignited newfound interest from investors. Among the top AI opportunities are a small cohort of megacap tech companies collectively referred to as the “Magnificent Seven.” Over the last year and a half, semiconductor company Nvidia (NASDAQ: NVDA) has
In this video, Motley Fool contributor Jason Hall breaks down what has driven Nvidia‘s (NASDAQ: NVDA) meteoric rise, its upcoming stock split, and what matters a lot more to investors looking to profit going forward. *Stock prices used were from the afternoon of May 30, 2024. The video was published on May 31, 2024. Should
The world’s largest hedge fund recently loaded up on shares of some members of the Magnificent Seven tech stocks, and halved an investment in a Chinese maker of electric vehicles. Bridgewater Associates made a big bet on Apple stock, more than doubled its stake in Nvidia shares, tripled an investment in Microsoft stock, and cut
By Max A. Cherney SAN FRANCISCO (Reuters) -Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at its Build developer conference next week. It will also launch a preview of new Cobalt
Imagine getting paid $30 million a year for clicking a mouse a few times a day. Your job is to buy a single virtual asset for an exchange-traded product—or ETP—that is similar to but not exactly like an exchange-traded fund. Call it the Steepcoin ETP. It charges a 1.50% expense ratio. You click a mouse
The Nasdaq-100 Technology Sector index has been in fine form in the past year, clocking impressive gains of 50%, as some of the key components of this index have witnessed a red-hot rally thanks to the proliferation of artificial intelligence (AI). Shares of Nasdaq-100 component Nvidia (NASDAQ: NVDA), for instance, have shot up 221% in
The 2024 stock market rally has some everyday investors looking to ratchet up the risk. The 2024 stock market rally has some everyday investors looking to ratchet up the risk. Thrill-seeking investors are turning to single-stock exchange-traded funds, a relatively new product that aims to amplify the return of one stock using borrowed money or
What’s a glitzy investing conference without a little Mag Seven banter? “The risk is simple — those stocks don’t do well,” Avenue Capital Group founder and CEO Marc Lasry told Yahoo Finance at the Milken Institute Global Conference on Monday. Lasry was answering a question about the risk of overcrowding into tech names such as