Get started

NVDA

Elon Musk Contributes to NVDA Price Surge to a New RecordElon Musk Contributes to NVDA Price Surge to a New Record Yesterday, on Tuesday, Nvidia's stock price reached a historic high, surpassing the $1,130 mark, increasing by almost 7% relative to Monday's closing price. This happened after a turbulent past week, during which Nvidia published a very strong report that led to an over 8% rise in its stock price in one day. Thus, since the beginning of May, NVDA's price has increased by approximately 34%. The latest surge in bullish sentiment was driven by the news that Elon Musk's company xAI is purchasing Nvidia AI chips for a new powerful supercomputer. Investor’s Business Daily reports that in a presentation for investors, Musk stated that: → xAI will require up to 100,000 specialised semiconductors for training and launching the next version of its AI chatbot, Grok. → The supercomputer will use Nvidia H100 graphics processors. → Musk hopes to bring the supercomputer, which he referred to as a “gigafactory of computation,” online by autumn 2025. Analysing NVDA's stock price last week, we: → Updated the upward channel; → Suggested that on a bullish impulse, NVDA’s price could approach the median line of the upward channel. Technical analysis of the 4-hour NVDA stock chart today shows that: → The price is in the median line zone (which may act as resistance); → RSI is at its highest in a year. Considering these factors, it is reasonable to assume that the market is excessively overbought and vulnerable to a pullback. A 1:10 stock split scheduled for 10 June could play a role. While Nvidia shares will become more accessible to a broader range of investors (a bullish sign), it is possible that the "buy the rumour, sell the news" principle may apply, and after a series of positive events for NVDA stock, its price may correct towards the lower boundary of the 2024 upward channel and possibly test the gap area (shown in purple). Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NVDA
by FXOpen
4
NVDA May 29 Update #NVIDIA #NVDANVDA investors had a fantastic day yesterday, after the Green Gold skyrocketed and hits the 1040. during the night trading sessions the stock touched the 1060, and we are now seeing a major correction at the pre market session. Investors can secure profits by setting a stop limit order at 1113 or 1084 depend on how aggressive you are. Target price before the stock splits was estimated to be around 1200 which is very close ahead, and it can be reached by the end of today or by Friday max.
NASDAQ:NVDALong
by MESHANL
Nvidia Stock Surges Above $1,000 up by 5%Nvidia ( NASDAQ:NVDA ) has surged above the 1,000 level for the first time in a year, with its market cap racing past $2.5 trillion. The chip giant's earnings and sales growth have led it to pass or challenge Apple ( NASDAQ:AAPL ) and Microsoft ( NASDAQ:MSFT ) as the world's most valuable company. Nvidia ( NASDAQ:NVDA ) stock surged 15.1% last week to a record 1,064.19, blasting past 1,000. The chip giant increased its market cap by $338 billion to $2.661 trillion as of May 24, just behind Apple ($2.913 trillion) and not far from Microsoft ($3.196 trillion). At the end of last year, Nvidia ( NASDAQ:NVDA ) had a $1.22 trillion market cap, lagging Google parent Alphabet ( NASDAQ:GOOGL ) and Amazon.com ( NASDAQ:AMZN ) in addition to Apple and Microsoft. Out of the Magnificent Seven stocks, Nvidia only had a higher valuation than Meta Platforms (META) and Tesla ( NASDAQ:TSLA ). On May 22, Nvidia ( NASDAQ:NVDA ) reported Q1 2025 earnings per share of $6.12, up 461% vs. a year earlier, with revenue soaring 265% to $26.04 billion. Analysts expect Nvidia earnings to soar 107% in fiscal 2025 to $26.85 a share, followed by a 31% gain in fiscal 2026 to $35.12. Microsoft, Apple, and the other Magnificent Seven stocks have various catalysts, but a lot of that reflects AI growth, or at least AI growth hopes that are good news for Nvidia. Megacap techs are spending massively on AI, with a lot of that going directly on Nvidia chips. At the current $2.662 trillion valuation, Nvidia ( NASDAQ:NVDA ) just needs a 12.8% advance to reach $3 trillion, which would also pass up Apple's current valuation and greatly narrow the gap with Microsoft. Nvidia stock rose 4.5% early Tuesday, pushing the market cap above $2.75 trillion. The Dow Jones Industrial Average fell Tuesday morning, as Wall Street digested economic data in the form of two housing reports. Artificial intelligence giant Nvidia rallied to more record highs, while GameStop ( NYSE:GME ) soared on the stock market today after raising nearly $1 billion from a stock sale. Technically, NVIDIA Corp ( NASDAQ:NVDA ) stock is currently overbought with a Relative Strength Index (RSI) of 78.10.
NASDAQ:NVDALong
by DEXWireNews
🔥🚀 **NVDA Update 27 May Gap Up Mania or Brief Correction! ** On Thursday, NVDA skyrocketed, smashing through the roof with a new high of 1063.13! By Friday, it closed above the last swing high at 1064.89, signalling a strong continuation of the bullish trend. Investors are eagerly gearing up for a thrilling Tuesday, anticipating powerful moves ahead. Two exciting scenarios could unfold: 1️⃣ **Gap Up Mania!** 🌟 - With market sentiment glowing with positivity, we might see another gap up, potentially pushing the price to a staggering 1134, mirroring the previous exhilarating gap. 2️⃣ **Bullish Correction!** 📉➡️📈 - Alternatively, a brief correction to 1032 could set the stage for an even stronger uptrend. The RRG analysis is buzzing with optimism, showing the XLK and SMH sectors in the leading quadrant. Conclusion: Get ready!! because NVDA is poised for an electrifying ride! 🌟📈💥
NASDAQ:NVDALong
by MESHANL
1
Can we go back to reality?Congratulations NVDA, because you delivered everything you could deliver in terms of good results, however, can we get back to reality? Will the Black Monday that we experienced in 1987, in the DOW JONES index, be experienced again in 2024, and thanks to NVDA and technology companies? We know what happened between 1980 and 1985 to the American economy, right? It is known that in the 1980s and early 1990s, dollars could circulate freely around the world, so much so that we had a global economic miracle, and the world was swimming in booming growth. But, at the current moment, dollars can no longer circulate freely around the world (FED, China, Russia) and continue contributing to global growth? Therefore, the technological war we are experiencing today (chips and electric cars), diverted dollars to these sectors, further inflating this bubble that is about to burst. Speaking of electric cars, China is firmly dumping its electric cars around the world at very reasonable prices (as it has no intention of breaking its internal market – control), once and for all destroying the automobile industry in many emerging countries, oh my, no? Let's go graphics. Monthly: NVDA has reached the three golden levels of the FIB of the SETUP used, so there is nowhere else to go. So, SPX, get ready. The red lines are resistance points. Weekly: With the brilliant financial report recently released, prices are ready to seek the golden region of this chart period. The red lines are resistance points. Daily. Prices have reached the region of 100% of the bullish pivot. The red lines are resistance points. Do your analysis and good business. Be aware, if you buy, use stop loss. See other graphical analyzes below.
NASDAQ:NVDA
by MacD_Bollinger
A Golden Age for Splits? Nvidia's MoveNvidia's recent announcement of a 10-for-1 stock split sent ripples through the tech industry. Investors cheered the move, with the stock price surging 9% to a record high. But beyond the immediate impact on Nvidia, Bank of America (BofA) suggests this could be the first domino in a wave of tech stock splits. This article explores the implications of Nvidia's split, the factors driving potential future splits, and the historical trends associated with this strategy. Nvidia's Split: A Catalyst for Change? Nvidia's stock price, hovering around $1,000 before the announcement, undoubtedly played a significant role in the decision. With a lower share price after the split, the stock becomes more accessible to individual investors, potentially broadening its investor base. This aligns with BofA's observation that Nvidia is already a favorite among retail investors, according to a May 22 Vanda Research report. BofA analysts see the split as a positive sign, highlighting a trend of "shareholder-friendly policies" within large-cap tech companies. They also point to historical data suggesting that companies undergoing splits tend to experience strong returns in the following year. A Landscape Ripe for Splits? BofA's note identifies 36 companies within the S&P 500 with share prices exceeding $500, potentially making them candidates for future splits. This includes tech giants like Microsoft and Meta Platforms, whose stock prices are approaching that threshold. There are several factors making the current tech landscape ripe for stock splits: • Soaring Stock Prices: Fueled by technological advancements and strong demand, many tech stocks have experienced phenomenal growth in recent years. This has pushed share prices to record highs, potentially creating a psychological barrier for some retail investors. • Accessibility and Liquidity: A lower share price can make a stock more attractive to individual investors, increasing overall trading volume and liquidity. This broader investor base can potentially lead to a more stable stock price. • Psychological Impact: A lower share price can make the stock appear more affordable, even if the underlying value of the company remains unchanged. This can trigger increased buying interest, particularly among retail investors. Beyond Price: The Strategic Considerations While share price is a key factor, companies considering a split should also weigh other strategic considerations: • Signaling Confidence: A stock split can be seen as a sign of management's confidence in the company's future growth potential. This positive signal can improve investor sentiment and potentially attract new investment. • Maintaining Momentum: A well-timed split can capitalize on a company's positive momentum, further propelling its stock price upwards. However, a poorly timed split during a market downturn might not yield the desired results. • Cost and Complexity: Implementing a stock split involves administrative costs and logistical complexities that companies need to consider. Historical Trends and Potential Outcomes BofA cites historical data showing that stock splits have generally been followed by positive returns. They argue that splits don't dilute the company's value, but rather make it more accessible to a broader investor base. This can lead to increased trading activity and potentially higher valuations. However, it's important to note that correlation doesn't imply causation. While past trends suggest positive outcomes, future performance remains subject to market conditions and individual company fundamentals. The Road Ahead: A Spliting Tech Future? Nvidia's stock split has reignited the conversation around this strategy within the tech industry. With numerous companies sporting high share prices, BofA's prediction of a potential wave of splits holds merit. This trend, if it materializes, could have several implications: • Increased Retail Investor Participation: Lower share prices could attract more retail investors to the tech sector, potentially boosting overall market activity. • Enhanced Liquidity: Broader investor participation can lead to higher trading volumes and improved liquidity for these tech stocks. • Short-Term Volatility: The implementation of splits could lead to short-term market volatility as investors adjust their positions. Conclusion Nvidia's stock split may be a harbinger of a larger trend within the tech sector. Companies with high share prices might consider following suit to broaden their investor base and potentially enhance long-term value. However, the decision to split should be a strategic one, carefully evaluating both the potential benefits and the associated costs and complexities. As the market watches Nvidia's post-split performance, it will be interesting to see if this move ushers in a new era of tech stock splits and how it shapes the investment landscape in the coming years.
NASDAQ:NVDALong
by bryandowningqln
1
WHY This is ALTSEASON ?? 💥💯 Cycyle 3: Rising of the Altcoins !WHY This is ALTEASON ?? Cycle 3 // Bullrun 3 💥💯 Lets see on Total2 Marketcap Look closer.. Volume: ✅ Significant volume increases in the bottom zone point to a trend reversal. Gaussian Channel: ✅ (green) as with other trend reversals, the channel changed from red to green Level2: Bullish Area ✅ See on chart Media Attention: Starts ✅ Ethereum ETF: On the road ✔ BTC Halving: On the road ✔ FED Interest rate cut: On the road ✔ Global Adapt: On the road ✔ ...these are the known ones I would like to approach the subject from different angles. NVIDIA ? hmm.. Why Nvidia ? >>Now I will show you the comparison of major altcoin charts with nvidia. this will mean a lot to us. ETHUSD/NVIDIA This is Real, Details on the chart. XRPUSD/NVIDIA >This chart shows us XRP times TOTAL2/NVIDIA > Lets see buy zones AND JUST NVIDIA Total2 is now on a bullish eve. You see the technical levels. We are above the trend midline and this zone is a strong support. In the back we have mayer multiple bands and gaussin channel in colour. Analysis plain and simple. now only patience.
CRYPTOCAP:TOTAL2Long
by Cryptollica
3
While FED depends on Data NVDA stocks clearly predict Zero RatesNvidia reported another blowout earnings report in its first-quarter results, and its stock is soaring to record highs above $1,000 per share on Thursday. The company reported revenue and profit that surpassed analyst estimates and offered second-quarter revenue guidance that was well ahead of Wall Street's expectations. On top of that, the company announced a 10-for-1 stock split and increased its quarterly dividend by 150% to $0.10 per share. Wall Street analysts were impressed by the results, with a slew of price target increases hitting the tape this Thursday morning. Goldman Sachs (GS): "New products to drive sustained growth in Data Center" ⚡ Analysts at Goldman Sachs pointed out that the company delivered accelerated year-over-year revenue growth, with its Data Center business growing revenue at 427%. JP Morgan (JPM): "Demand continues to outstrip supply into CY25". ⚡ Analysts at JPMorgan said they were impressed that Nvidia is seeing more and more industries participate in the demand for its H100 AI chips. Bank of America (BA): "Now see $50+ EPS power in two years". ⚡ Analysts at Bank of America said Nvidia's first-quarter earnings report suggests a smooth transition to the company's next-generation Blackwell chips, and that's going to lead to massive revenue gains. Wedbush: "AI revolution just getting started" ⚡ Analysts at Wedbush said the "AI gold rush" is just getting started as a "tidal wave" of spending on AI chips hits the entire tech sector. Nonetheless, this story is a little bit another, rather than Goldilocks tales. With more than 25 years of NVDIA shares trading, and an amazing 237000 % profit since NVDA IPO inception in January, 1999, in nowadays it costs approximately as low as 0.20x to S&P500 stock index (SPX equal appr. to 5 (five) NVDA shares in this time). The main technical graph is a differentials exposure between 5 NVDA shares and SP500 index. Well.. there're you see 3 clear cases of NVDA shares advantage over the past 25 years: • Early 2000's when US Interest Rates turned Zero. • 2007-09 when US Interest Rates again turned Zero. • Early 2020's when US Interest Rates once again turned Zero. While FED officials depends on Data, maybe (just maybe) NVDA stocks indeed clearly predict deflationary winds and US Interest Rates at Zero again. Thanks for happy reading. 😎 Cheers, Pandorra
NASDAQ:NVDA
by Pandorra
Nvidia Shares Soar 8.43% After Stellar EarningsChip stocks soared in out-of-hours trading on Wednesday and Thursday after chipmaker Nvidia ( NASDAQ:NVDA ) smashed Wall Street's expectations with its latest earnings report, continuing a period of extraordinary growth as booming interest in artificial intelligence propels the tech sector to new heights. Shares for Nvidia ( NASDAQ:NVDA ) climbed nearly 8% during after-hours trading on Wednesday, peaking above $1,000 per share for the first time. While these gains have pared a little in the hours since Nvidia’s earnings report, shares for the California-based company were still up by more than 6% at the time of writing on Thursday morning. Nvidia ( NASDAQ:NVDA ) shares are currently trading at around $1,030, putting the chipmaker on track to surpass the $1,000 milestone and hit an all-time high when markets open on Thursday. Other chipmakers benefiting from intense interest in artificial intelligence include shares for Taiwan Semiconductor Manufacturing Company, Arm Holdings, Dell Technologies, and Super Micro Computer Inc., which were all up between 3% and 6% during pre-market trading. Nvidia ( NASDAQ:NVDA ) released its hotly anticipated earnings report for the first quarter of 2024 on Wednesday afternoon, which smashed Wall Street’s expectations and marked the company’s most profitable quarter ever. Respectively, profits and sales were up 628% and 268% compared to the same time period last year, Nvidia ( NASDAQ:NVDA ) said, reporting $6.12 earnings per share and $26 billion in sales for the three-month period ending April 30. The release of OpenAI’s generative AI chatbot ChatGPT in 2022 ignited a global race among tech companies to build and deploy ever more advanced AI systems. The race has spurred stellar demand for the kinds of advanced computer chips required to maintain, run, and develop these AI systems, and Nvidia, formerly known for its gaming hardware, is one of the world’s leading beneficiaries for this demand and has become a bellwether for interest in the sector. Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence. Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter that ended April 28 from $2.04 billion a year earlier. Revenue more than tripled, rising to $26.04 billion from $7.19 billion in the previous year. Technical Outlook Nvidia's (NVDA) stock is up 8.97% in Thursday's market trading riding high with a Relative Strength Index (RSI) of 71.60 placing NASDAQ:NVDA in an overbought territory, hence a trend reversal is along the horizon in the long term.
NASDAQ:NVDALong
by DEXWireNews
Nvidia Stock Surges After Exceeding Earnings Expectations Nvidia Shares Surge Over 6% in Premarket Trading Shares of Nvidia ( NASDAQ:NVDA ) rose more than 6% in premarket trading on Thursday following the company's impressive first-quarter results and CEO Jensen Huang's remarks about the soaring demand for its upcoming AI-optimized chip. Nvidia, a California-based semiconductor giant, has seen its data center graphics processing units (GPUs) become crucial to the development of generative AI products. As a result, Nvidia's performance is now viewed as a key indicator of AI demand and a significant influence on broader market sentiment. U.S. stock futures also climbed in response to the report. "The next industrial revolution has begun," Huang stated. "AI will bring significant productivity gains to nearly every industry, helping companies become more cost- and energy-efficient while expanding revenue opportunities." Nvidia Stock Surges After Exceeding Earnings Expectations Nvidia has exceeded market expectations with its April quarter results, solidifying its status as a crucial stock globally. CEO Jensen Huang highlighted the company's pivotal role in the evolving tech landscape, stating, "The next industrial revolution has begun. Companies and countries are partnering with Nvidia to shift traditional data centers to accelerated computing, creating AI factories to produce a new commodity: artificial intelligence." Nvidia's sales soared 262% in the first fiscal quarter to $26 billion, marking an 18% increase from the previous quarter. Earnings per share, excluding non-cash costs, reached $6.12, up 461% from the previous year and 19% from the prior quarter, surpassing Wall Street's estimates of $5.60 per share. Under generally accepted accounting principles, earnings were $5.98 per share. The company also provided robust guidance for the July quarter, projecting revenue of $28 billion, surpassing the average Wall Street forecast of $26.6 billion. Nvidia's dominance in the AI platform sector was underscored by a more than fivefold increase in sales to cloud-computing data centers, which totaled $22.6 billion or 87% of total revenue. Chief Financial Officer Colette Kress noted that large cloud providers were significant contributors, accounting for approximately 45% of all data center revenue in the quarter. Into the Omniverse: SoftServe and Continental Accelerate Digitalization with OpenUSD and Generative AI In response to the increasing demand for seamless and connected driving experiences, SoftServe, a leading IT consulting and digital services provider, has collaborated with Continental, a prominent German automotive technology company, to create the Industrial Co-Pilot. This virtual agent, powered by generative AI, helps engineers streamline maintenance workflows. SoftServe enhances manufacturers' operations, like those of Continental, by integrating the Universal Scene Description (OpenUSD) framework into virtual factory solutions. These solutions, including the Industrial Co-Pilot, are developed on the NVIDIA Omniverse platform, further optimizing efficiency and productivity. South Korea Unveils $19 Billion Package for Chip Industry South Korea has announced a 26 trillion won ($19.09 billion) package to bolster its semiconductor market. The initiative, revealed by President Yoon Suk Yeol during a meeting with government officials, includes a 17 trillion won investment plan through the Korea Development Bank for chip producers and suppliers to enhance semiconductor infrastructure. Despite the country's current 1% share in the global fabless industry—a term for semiconductor companies without production lines—President Yoon emphasized the strategic importance of this sector. "Semiconductors are a field where all-out national warfare is underway. Winning or losing depends on who can make cutting-edge semiconductors first," Yoon stated.
NASDAQ:NVDALong
by SroshMayi
After Earnings Report, NVDA Stock Price Exceeds $1,000After Earnings Report, NVDA Stock Price Exceeds $1,000 For the first time in history, Nvidia's stock price has reached a four-digit number, and its market capitalisation has surpassed $2.5 trillion, ranking third globally after Microsoft and Apple. This surge is due to a strong earnings report, driven by high demand for AI chips: → Earnings per share: actual = $6.12, expected = $5.60; → Gross revenue: actual = $26.04 billion, expected = $24.59 billion. Additionally, Nvidia announced a 10-for-1 stock split to make shares more accessible and attract new investors, which should support NVDA stock in the future. While yesterday's main trading session closed around $950 per share, the price rose by approximately 6% in after-hours trading. Thus, NVDA's stock price has increased by over 100% since the beginning of the year. Can the rally continue? On March 28, in the article "Stock Market Analysis: NVDA Losing Leadership?", we: → Noted signs of weakness relative to the S&P 500 index; → Constructed an ascending blue channel; → Suggested a potential pullback to the $800 level. The NVDA chart shows that after these signs of weakness, the price dropped to the lower boundary of the channel on April 19, briefly falling below $800. However, the bulls then attempted to resume the upward trend, and it paid off. Given NVDA's pre-market price, it is reasonable to assume today's main session will open around $1,010. Therefore, technical analysis of the NVDA daily chart today shows: → The price remains within the ascending channel; → The price is breaking through the $960 level with a bullish gap, which can now be expected to act as support; → If the bullish momentum from the earnings report continues (as it did on February 22), NVDA's price could approach the median line of the ascending channel. According to TipRanks, the average analyst target price for NVDA is $1,104.62, but this target may be raised considering Nvidia's strong forecasts for the next quarter. Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NVDA
by FXOpen
3
Nvidia - Earnings, Channel, $1.000!Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of +700% without any real correction, it is quite likely that we will see at least a short term bearish rejection from here. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:NVDAShort
by basictradingtv
6