Tag Archives: Nvidia
U.S. Stocks Slump on Data Uncertainty
U.S. stocks declined on Tuesday, as investors awaited data expected to impact the Federal Reserve’s decision on interest rate cuts. The Dow dropped to 40,936.93, while the S&P 500 lost 2.12% to 5,528.93, and the Nasdaq Composite 3.26% to 17,136.30. (NASDAQ Index Daily Price Chart, Source: Trading View) Chip stocks were notably affected, with Nvidia, […]
Focus on EURUSD today – 29th Aug, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for Aug 29, 2024. Key Takeaways Technical Analysis Daily Chart Insights (EUR/USD Daily Price Chart, Source: Ultima Markets MT4) 1-hour Chart Analysis (EUR/USD H1 Price Chart, Source: Ultima Markets MT4) Pivot Indicator (EUR/USD 30 Minutes Price Chart, Source: Ultima Markets APP) […]
Nvidia at record high as market brace for stock split
Nvidia stock price rallied to record high yesterday, with valuation topping US$3 trillion while overtaking Apple to become the world’s second most valuable company. Recent surge in Nvidia’s stock price stemmed from the company’s bullish quarterly report and revenue forecast. For its first quarter, the company recorded a 262% jump in revenue year-on-year, coming in […]
Nvidia Rides Relentless AI Wave to Soaring Heights
Nvidia (NVDA.US) exceeded expectations with its fourth-quarter results, outperforming Wall Street projections for both revenue and earnings. The semiconductor giant posted adjusted earnings per share of $5.16, higher than the estimated $4.60. Revenue came in at $22.10 billion, surpassing the anticipated $20.41 billion. Data center revenue hit $18.4 billion, exceeding the forecast of $17.21 billion. […]
