In late May, graphics chip-maker NVIDIA (NASDAQ: NVDA) surprised shareholders with an announcement that it would execute a four-for-one stock split. The stock split is finally almost here. Shares are expected to begin trading on a split-adjusted basis on July 20.
Stock splits play a strange role in investing. On their face, they have no effect whatsoever on a company's value -- they simply change the number of outstanding shares a company has. Yet most investors take stock splits as highly encouraging. Witness the recent hype over NVIDIA'
What happened
Shares of TuSimple (NASDAQ: TSP), which develops self-driving technology for long-haul trucks, jumped 8% on Tuesday bringing their two-day gain to 25.3% after Monday's pop of 16%. This marks two consecutive days of the stock setting a new high.
The PHLX Semiconductor Sector Index has generated solid gains so far this year, despite the chip shortage and the sell-off in tech stocks earlier in 2021. However, not all of the index's components have been on fire.
In today's video I look at recent news for NVIDIA (NASDAQ: NVDA). The stock price is reaching new highs, but could this be increasing the risk for stockholders? Below I share a few highlights from the video.
Back on May 26, when the company announced its first-quarter earnings, NVIDIA (NASDAQ: NVDA) also detailed plans to initiate a 4-for-1 split on July 19. The stock has since climbed more than 21% in the wake of the announcement.
Asian shares dropped on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery, even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.
Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.
The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.
Do You Have These Top Software Stocks In Your July 2021 Watchlist?As we begin another week of trading, tech investors are likely in good spirits given the latest recovery in tech stocks. By extension, this would draw attention to some of the top software stocks in the stock marke
The technology sector's semiconductor industry took the reins on Monday and steered both the Nasdaq Composite and S&P 500 Index to fresh all-time highs to kick off the week.
The Nasdaq and S&P 500 headed to all-time highs on Monday, fueled by tech stocks as interest rates remain low, while investors awaited data on the U.S. labor market due on Friday.
The Nasdaq jumped to an all-time high on Monday, supported by tech-related stocks as interest rates remain low, while investors awaited data on the U.S. labor market due on Friday.
What happened
Shares of chipmaker NVIDIA (NASDAQ: NVDA) were up on Monday after competitor Broadcom (NASDAQ: AVGO) came out in support of the company's proposed acquisition of U.K. chip designer Arm. NVIDIA also announced a new partnership with Alphabet's (NASDAQ: GOOG)(NASDAQ: G
The Nasdaq jumped to an all-time high on Monday, supported by tech-related stocks amid fears over a spike in COVID-19 cases across Asia, while investors awaited data on the U.S. labor market in the week.
In early trading on Monday, shares of NetEase topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.8%. Year to date, NetEase, Inc registers a 16.9% gain.
In early trading on Monday, shares of NetEase topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.8%. Year to date, NetEase, Inc registers a 16.9% gain.
In early trading on Monday, shares of Etsy topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, Etsy Inc registers a 8.1% gain.
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