Kiplinger’s Post

Nvidia Market Cap Nears $2 Trillion: Why 'Tech Giant' Has Become An Understatement Nvidia Day has come and gone in a massive flourish of apprehension, excitement, relief and, ultimately fresh buying of the stock that takes the chipmaker’s market cap from $1.67 trillion to $1.91 trillion overnight. The superlatives to describe this stock’s performance in the past couple of years are becoming jaded. So let’s do a quick recap of what’s been happening to Nvidia Corporation (NASDAQ:NVDA) in just the past two days. This week the stock fell 7% as investors’ apprehension ahead of Wednesday’s post-market results prompted some profit taking. Could Nvidia continue to surpass market expectations with its quarterly earnings, or would this be the one that failed them? This was a sell-the-rumor, buy-the-fact moment as the scores came in above market forecasts. Having ended Wednesday’s session 2.9% lower at $674.72, after-hours trading on Wednesday, and pre-market trading on Thursday saw a 14% rally that took the shares above $700. Also Read: ...Full story available on Benzinga.com

I happen to think Nvidia's stock sell-off is a near-term headwind to the broader markets that should be respected way more than it is. Here is a stock truly beloved by Wall Street and Main Street — for real, fundamental reasons such as the AI explosion powering demand for super chips — losing ground. It's one of the clearest signs yet that investors think stocks have come on too hard and too fast this year against a backdrop of higher for longer interest rates. Moreover, the price action suggests investors who are actively seeking new reasons to buy stocks at peak valuations are coming up empty. Now, they may simply be waiting to buy top names like Nvidia at cheaper prices. I weigh in on the Yahoo Finance Morning Brief newsletter. https://lnkd.in/e_2Q5HgC

The recent stock split for NVIDIA has investors excited especially since the company has seen tremendous growth. Yet, the Price of the company when compared to earnings is quite high before the split it was over 700, and after this split it is above 70. This means the price of the company is very very expensive and it's going to take time for the earnings of NVIDIA to catch up to its stock price. Stating the obvious, NVIDIA is a great company but with any company, if the stock price gets too high it's paramount to only swing at pitches you like rather than chase returns. The fundamentals of investing are real and knowing little tips & tricks such as when a company's Price versus their earnings gets too high typically results in the share price going down in value until the earnings of the company can mature. What do you think?

Nvidia stock soars to fresh record as Wall Street stays bullish ahead of earnings - https://lnkd.in/g27jkiuH Nvidia (NVDA) stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November.Shares of the leading AI chipmaker rose over 4% to close at $143.71 per share.The move comes as Wall Street analysts

NVIDIA! The tech Giant! It is the second-ranked company by market capitalization with a market cap in the range of $2.95 trillion. NVDA brags an 8.16% portfolio on the NASDAQ, after AppleInc(9.17%). Earnings release. The multinational technology company released its earnings which has a notable impact on the NASDAQ (US100) and S&P 500 indices, influencing market movements for a couple of days or even weeks. NVIDIA recorded a quarterly revenue of $30.0 billion, up 15% from Q1 and up 122% from a year ago For the quarter, GAAP earnings per diluted share was $0.67, up 12% from the previous quarter and up 168% from a year ago. Non-GAAP earnings per diluted share was $0.68, up 11% from the previous quarter and up 152% from a year ago. (nvidianews.nvidia.com) These quarterly releases are an important component for investors and stock traders look out for to see whether the stock will continue rising or fall for a retracement. #nvidia #stocks #earningsreport

Tech stocks continue to lead the broader market, pacing gains for a surprise May rally that has lifted all three major benchmarks to record highs ahead of the final first quarter update from the megacap Magnificent 7 tech stocks set for next week. Nvidia, which has outpaced the Nasdaq's 6.5% gain over the past month with an 9.22% advance, will report fiscal first quarter earnings on May 22. #hsa #investing

Tech stocks continue to lead the broader market, pacing gains for a surprise May rally that has lifted all three major benchmarks to record highs ahead of the final first quarter update from the megacap Magnificent 7 tech stocks set for next week. Nvidia, which has outpaced the Nasdaq's 6.5% gain over the past month with an 9.22% advance, will report fiscal first quarter earnings on May 22. #hsa #investing

Nvidia's stock decline:  Some possible reasons 1. Profit-taking: Nvidia's shares fell 6.7% on Monday, marking the chipmaker's third consecutive down day. The stock is now down 13% from its peak last week. This could be due to investors locking in gains after a few hot months. 2. Market Correction: A correction is typically defined as a drop of between 10% and 20% from a bull-market high. Nvidia's shares would enter correction territory if they closed below $122.02. The three-day slide could be a market correction after Nvidia's stock reached an all-time high less than a week ago. 3. Sector-wide Downturn: The decline in Nvidia's stock was accompanied by a slide in other tech companies that have been tied to the artificial intelligence boom. This suggests that the entire sector might be experiencing a downturn. 4. Overvaluation Concerns: Nvidia's value has nearly tripled in the past year even after the three-day slump. Some investors might believe that the stock is overvalued and decide to sell their shares, leading to a decrease in the stock price. #nvidia #stocks #market #AI #wallstreet #USA #financial

Nvidia’s latest earnings report was legendary.  They reported $30.04 billion in revenue for Q2, which beat analyst expectations by $1.18 billion. But its stock price still fell 6.9% in after-hours trading following the report.  It doesn’t make sense from a numbers standpoint.  One theory is that investors were used to Nvidia beating expectations and were expecting more.  But if nothing else, it’s a good reminder that stocks are incredibly tough to predict.  Sometimes the market’s reactions are wholly unpredictable.