NVDA Dec 2024 555.000 put
- Yahoo Finance Video
Stocks close lower, Dow falls by 600 despite Nvidia earnings
Stocks (^DJI, ^IXIC, ^GSPC) have reversed at Thursday's market close, initially riding high off of Nvidia's (NVDA) fiscal first-quarter earnings reported on Wednesday. The Dow Jones Industrial Average fell by 605 points, or just over 1.5%, and the S&P 500 dips back below 5.300. Market Domination's Julie Hyman reports on the day's market performances while Jared Blikre takes a look at sector losses and laggards in the semiconductor industry. For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance
Nvidia CEO says Tesla 'far ahead' in self-driving tech as autonomous driving efforts boost chip demand
Nvidia CEO Jensen Huang believes Tesla’s full self-driving is the most advanced system out right now. It also just so happens that Tesla’s FSD is powered by Nvidia chips.
- Yahoo Finance Video
Nvidia is 'central to the growing tech story': Strategist
Nvidia (NVDA) announced a 10-for-1 stock split alongside its positive first-quarter earnings print. The chip-making giant continues its run reaching quadruple digits in stock price — up over 115% year-to-date — with little signs of slowing down. Freedom Capital Markets Chief Global Strategist Jay Woods joins Wealth! to give insight into Nvidia's performance, its planned stock split, and more. Woods puts Nvidia's performance into perspective: "This quarter they made $26 billion in revenue. In 2022, It was $27 billion. So in one quarter they matched what was a weak year, a down year, but it's the growth continues to rise. 600% year-over-year net income, 500% year-over-year EPS. Five years ago, it was a $100 billion company. Now it's $2.5 trillion. And then you look at who their customers are. They're the biggest companies in the world. The Amazon (AMZN), the Alphabet GOOG, GOOGL), the Microsoft (MSFT) of the world...So is it early innings? I say maybe the third, but it's a stock that you need to be in because it's so central to the growing tech story that we're in now." For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
