Nvidia, the leading chip maker, experienced a slight decline in its stock value on Wednesday following a fall the previous day, signaling a temporary pause in its rally. The concerns revolve around a potential market pullback, which has prompted investors to take a cautious approach. In premarket trading on Wednesday, Nvidia's stock was down 0.3%, currently trading at $680.50. … [Read more...] about Nvidia Shares Dip Amid Market Pullback Worries
Nvidia
Surge in Options Contracts
Trading in bullish options contracts tied to two small-capitalization companies owned by chipmaker Nvidia Corp. surged last week just days before the company released a routine filing. Nvidia's 13-F Filing Triggers Rally Nvidia's first 13-F filing with the U.S. Securities and Exchange Commission last Wednesday triggered a rally in the shares of the two companies, leaving the … [Read more...] about Surge in Options Contracts
AI Stocks Surge in Tech Sector
Nvidia Leads the Charge Shares of technology companies surged amid signs that the AI boom is gathering momentum. Nvidia shares leapt by more than 15% after the chip maker forecast burgeoning growth for its artificial-intelligence supporting semiconductors. Gains for Nvidia have amounted to more than 60% for the year to date. On Thursday, Nvidia added $276.7 billion in market … [Read more...] about AI Stocks Surge in Tech Sector
Dell Technologies Stock Surges After Impressive Earnings Report
Dell Technologies stock hit a new high on Friday following positive earnings, potentially boosting Nvidia and Advanced Micro Devices (AMD), both of which provide servers for Dell. Stock Performance Dell stock surged by 26% to $119.59 at market open. Nvidia and AMD also saw increases, rising by 1.4% and 2.3%, respectively. Analyst Insights According to Melius Research analyst … [Read more...] about Dell Technologies Stock Surges After Impressive Earnings Report
Stock Futures Lower after Labor Day Holiday
Stock futures began the shortened week on a downward trend following the Labor Day holiday. The futures for the Dow Jones Industrial Average were down by 70 points or 0.2% after the index gained 115 points on Friday to finish at 34,837. Similarly, S&P 500 futures fell by 0.3%, while the tech-heavy Nasdaq saw a decline of 0.5%. Potential Market Movers on Tuesday Here are … [Read more...] about Stock Futures Lower after Labor Day Holiday
