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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.
About 90% of Wall Street analysts tracked by Bloomberg recommend buying the stock. StockStory aims to help individual investors beat the market. Laura Bratton is a reporter for Yahoo Finance.
The Direxion Daily NVDA Bull 2x Shares ETF, which has about $435 million in assets, had $61.4 million in inflows, the firm said. Its corresponding inverse fund also had inflows, of about $3 million.
After the close Friday, the XLK ETF will be rebalanced to drop Apple's 22% share down to 4.5% and increase Nvidia's 5.9% share up to 21.1%, based on Bloomberg estimates.
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 ...
NVDA PE Ratio data by YCharts.. Looking ahead, Wall Street's consensus estimate suggests that Nvidia's EPS could come in at $4.43 in fiscal 2026. That places the stock at a forward P/E ratio of ...
Nvidia stock continued its upward momentum in premarket trading Friday, building on Thursday's 6% surge along with other chip stocks, as tech led a sharp market comeback.The rebound came a day ...
The company's shares fell 1.5% in extended trading on Tuesday after losing 9.5% in the regular session, slashing Nvidia's market capitalization by $279 billion, a record one-day loss for any company.