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Shares of the market darling and Dow Jones Industrial Average component are down 5.72% in the past month. The Dow is down modestly in the past month, while the S&P 500 has tacked on a 0.5% gain.
And given that Nvidia stock is trading at 31 times forward earnings, which is slightly lower than the tech-laden Nasdaq-100 index's earnings multiple of 32.5, investors can consider buying it ...
Nvidia's stock fell 2% in volatile after-hours trading shortly after the results and was trading down more than 1% as the analyst call concluded. The stock is up 194% so far in 2024.
"NVIDIA is under pressure to deliver an overwhelming beat to justify its valuation," one commentator said on Wednesday ahead of the earnings report. Stock market today: Indexes trade mixed with ...
Nvidia stock sank 4.5% Tuesday, partially reversing its two week-rally and coming down from a record close the day before.The stock's tumble began before the market opened in response to a ...
Nvidia 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 ...
Nvidia's stock, for instance, trades on a PEG (price to expected earnings growth) ratio of a mere 0.5 times. ... Nvidia's stock fetches 24.5 times expected earnings — not too far removed from ...
If the gains in Nvidia hold, the company’s market value would rise more than $200 billion, which would mark the biggest one-day rise in history. Apple's $191 billion pop in November 2022 is the ...