Why Nvidia Stock Jumped After the Big Fed Rate Cut
One of those stocks gaining ground Thursday morning was artificial intelligence (AI) chip leader Nvidia ( NVDA 5.36%). As of 11:40 a.m. ET, Nvidia shares were up by 5.3%. But it wasn't just the Fed rate cut that had investors pouring into Nvidia stock today.
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable 50 ...
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The high-flying AI chip superstar seemed to run out of gas in the fiscal 2025 second-quarter earnings report it released on ...
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"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both ...
Shares of NVIDIA Corp. NVDA slipped 1.92% to $113.37 Wednesday, on what proved to be an all-around rough trading session for ...
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