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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 stock led gains among the “Magnificent Seven” tech stocks to start the new year after a group-wide sell-off in the last days of 2024. Shares of the AI chipmaker rose 4.5% Friday after ...
At today's stock price, Nvidia has a market cap of $3.5 trillion. It has a price-to-earnings ratio (P/E) of 54, which is close to twice the level of the S&P 500 index's average P/E of 30.
Management is guiding for revenue of $37.5 billion, which would represent growth of about 70%, though Nvidia has a long history of issuing conservative guidance.
Nvidia stock rose as Wall Street analysts reiterated their Buy ratings despite concerns about rising ... 2024 at 5:32 AM. ... Click here for the latest stock market news and in-depth analysis ...
Nvidia's sales have surged since the start of last year, driving the stock up 833% (as of this writing). It's also less than 5% off the all-time high it touched late last month.
Nvidia will announce financial results for the third quarter after the market closes on Wednesday, Nov. 20. ... Nvidia's revenue to increase 81% to $32.9 billion and non-GAAP earnings to increase ...
The $1.9 trillion AI giant surged to a record-high stock price on Thursday, putting it on course to add over $230 billion to its market capitalization and shatter a one-day record only weeks old ...
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