Tag: NVDA

NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent.  In the quarter, the fund appreciated 5.46% […]

Hedge Funds Are Crazy About NVIDIA Corporation (NVDA)

We recently compiled a list of the 10 Stocks Hedge Funds Are Crazy About Right Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other hedge fund-approved stocks. Investing, broadly speaking, narrows down to two strategies. These see an investor decide whether to buy a […]

Is It Too Late to Buy NVDA Stock?

Nvidia (NASDAQ: NVDA) shares are riding high on the seas of artificial intelligence (AI). The chip designer took an early lead in the AI hardware race, leading to incredible business results and skyrocketing stock prices. The stock traded at a split-adjusted $14 per share when OpenAI released the ChatGPT generative AI engine, powered by thousands […]

NVDA Stock Split and Leveraged ETFs Risky Ride

Nvidia As Nvidia Corp. heads toward a 10-for-one stock split after the market closes on Friday, questions are mounting as to how far this barometer for investors’ enthusiasm for artificial intelligence will run. Currently trading at more than $1,200 a share, Nvidia has gained almost 150% this year, and is up more than 210% over […]

NVDA) Bet, Doubling Her Annual Government Salary In Just 2 Months

U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million […]

NVDA Stock Has Gained 240% This Year, But Is It A Buy?

Nvidia (NVDA) rallied 239% in 2023 and hit an all time high of 505.48 just before the year ended. But can NVDA stock keep the ball rolling in 2024? And is it a buy right now? X Shares broke out of a double-bottom base just ahead of third-quarter earnings in November. A week before reporting […]