There’s no denying that Nvidia (NASDAQ: NVDA) has been on fire since early last year. The stock has soared more than 750% as of this writing, driven higher by the potential implications of generative artificial intelligence (AI). The ability to streamline time-consuming tasks and automate routine processes promises to increase productivity and could unleash a […]
Broadcom‘s (NASDAQ: AVGO) share price nearly doubled last year. The stock is up over 45% so far in 2024. That’s great news for shareholders. However, for some investors, this tremendous success pushed Broadcom’s share price so high (over $1,600) that they were reluctant to buy. That won’t be a problem for too much longer. In […]
Nvidia (NASDAQ: NVDA) is one of the hottest stocks on the market — especially after its 10-for-1 stock split made it easier for smaller investors to experience the artificial intelligence (AI) boom that sent its shares up 150% this year alone. But while stock splits are exciting, they don’t change a company’s market cap (the […]
When Broadcom (NASDAQ: AVGO) released the results of its fiscal 2024 second quarter, ended May 5, the company delivered results that sailed past Wall Street’s expectations. More intriguing for shareholders, however, was another development. In conjunction with its financial report, Broadcom’s management revealed a 10-for-1 stock split. Since its announcement on Jun 12, shares have […]
Nvidia stock soared to record highs following its 10-for-1 split. Following that increase, it became the stock with the world’s largest market cap. Another chip giant, Broadcom, is far from such an achievement but has shot higher since announcing its own split. Given those reactions, such a move could be next for other AI stocks […]
The stock market has gotten off to a scorching start in 2024. About midway through the year, the S&P 500 has gained roughly 15% while the tech-heavy Nasdaq Composite is up nearly 18%. One of the hottest sectors fueling the market to new heights is technology — primarily driven by euphoria surrounding all things related […]
Nvidia (NASDAQ: NVDA) recently executed a 10-for-1 stock split to reset its share price, which had surged 725% during the preceding 18 months. The driving force behind that performance was booming interest in artificial intelligence. However, the odds are now stacked against Nvidia. History says the stock is headed for a sharp decline. Nvidia announced […]
Stocks that split tend to beat the S&P 500 (SNPINDEX: ^GSPC), according to research from Bank of America. Since 1980, the average company has seen its share price increase 25.4% during the 12 months following a stock split announcement, while the S&P 500 has returned an average of 11.9% during the same period. Nvidia is […]
It’s impossible to ignore the effect artificial intelligence (AI) has had on the technology landscape over the past year or so, and Nvidia (NASDAQ: NVDA) has been the standard bearer. The company’s chips are at the heart of the AI revolution, providing the computational horsepower that makes it all possible. This, in turn, has sent […]
Shares of Broadcom (NASDAQ: AVGO) have surged impressively in the past year with gains of 96%, and the good part is that this semiconductor giant looks all set to sustain its solid momentum following the mid-June release of its fiscal 2024 second-quarter results (for the three months ended May 5). Not only did the chip […]
It’s been a whirlwind for Nvidia (NASDAQ: NVDA) shareholders over the past year or so. Recent developments in the field of artificial intelligence (AI) have been a game changer for the company. The company’s graphics processing units (GPUs), which were originally developed to generate realistic images in video games, have become the gold standard for […]
Nvidia (NASDAQ: NVDA) completed its 10-for-1 stock split after market close on Friday, June 7. Like most forward stock splits, this one followed significant share price appreciation. The stock surged 225% during the past year and 850% since November 2022, when the launch of ChatGPT sparked the artificial intelligence (AI) gold rush. Nvidia remains well-positioned […]