Step aside, Chipotle Mexican Grill (NYSE: CMG). There's a more heavily anticipated stock split on the way now. Nvidia (NASDAQ: NVDA) announced in its first-quarter update last week that it plans to conduct a 10-for-1 stock split effective June 7, 2024. Chipotle's board of directo
Wall Street closed mixed on Tuesday as market participants were assessing the Fed decision regarding the trajectory of the benchmark interest rate in 2024. Investors were also watching mixed economic data. The Nasdaq Composite sur
Nvidia's dividend hasn't kept pace with its earnings growth, and after accounting for the steep rise in its share price, the company's dividend yield is a mere 0.038%. Should NVDA consider a special dividend in 2024 to reward shareholders?
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.32%. US stock indexes settled mixed on Tuesday, with the Dow Jones Industrials posting a...
Tuesday, May 28th, 2024It’s a tale of two markets once again today. While the blue-chip Dow 30 stayed in the red all session, the small-cap Russell 2000 was looking to break free into the closing bell, but both finished lower on t
The S&P 500 (SNPINDEX: ^GSPC) is composed of 500 stocks from 11 different sectors, including information technology, energy, financials, and real estate. While it is the most diversified of the major U.S. stock market indexes, a select few technology stocks are having a growi
The S&P 500 (SNPINDEX: ^GSPC) is composed of 500 stocks from 11 different sectors, including information technology, energy, financials, and real estate. While it is the most diversified of the major U.S. stock market indexes, a select few technology stocks are having a growi
NVIDIA NVDA reported exceptional first-quarter fiscal 2025 results, surpassing all expectations. Its data center revenues skyrocketed 427% year-over-year to $22.6 billion, fueled by the rapid adoption of AI technologies.
While Nvidia is dominant in AI currently, it faces a legitimate challenge in the networking segment. Nvidia's Infiniband has been the top product in the AI supercomputing niche, but now it's coming under threat from Ethernet. Arista Networks is the big player here, and it counts Microsoft and Meta among its major customers.
Many notable stock splits have occurred in recent years, with companies aiming to increase liquidity within shares and erase barriers to entry for potential investors. Now Nvidia and Chipotle Mexican Grill now have joined the stoc
The S&P 500 Index ($SPX ) (SPY ) today is down -0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.39%. US stock indexes today are mixed, with the Dow Jones Industrials posting a 2-1/2...
Nvidia (NASDAQ: NVDA) stock just keeps rising. Today's jump of about 7% as of 1 p.m. ET wasn't due to any new information from the company. Nvidia released its quarterly earnings last week and the stock jumped on that news.
Nvidia (NASDAQ: NVDA) stock just keeps rising. Today's jump of about 7% as of 1 p.m. ET wasn't due to any new information from the company. Nvidia released its quarterly earnings last week and the stock jumped on that news.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. US stock indexes today are mixed, with the Dow Jones Industrials posting a 2-1/2...
Ericsson ERIC recently announced that it has successfully tested an advanced 5G millimeter wave-powered drone in its USA 5G smart factory. The test was carried out in collaboration with Qualcomm and industrial drone solutions prov
The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.07%. US stock indexes today are slightly lower, with the Dow Jones Industrials posting a...
Dell Technologies DELL is set to report its first-quarter fiscal 2025 results on May 30.Dell expects fiscal first-quarter revenues in the range of $21-$22 billion, with a midpoint of $21.5 billion indicating a 3% growth. Earnings
Earlier this month, Nvidia announced a 10-for-1 stock split. Meta Platforms and Microsoft are two other "Magnificent 7" stocks that look ripe for stock splits.
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