Page 7 - Stacy Rasgon News Today

Shares of the chipmaker jumped 16% Thursday, adding about $277 billion in market capitalization and bringing its total market value near $2 trillion. The addition eclipsed the $197 billion gain made by Facebook-parent Meta at the start of the month.

Experts are divided... on Thursday, the company’s stock price shot up more than 16%, adding $276 billion to its market valuation and fueling a global stock rally

In 2002, after the dot-com bubble burst and Sun Microsystems swooned, the companys co-founder Scott McNealy highlighted the folly of Wall Street analysts who favored one particular financial metric to gauge a stocks worth: its price relative to the companys sales.

The AI chip giant swells to a record valuation; First U.S. moon landing in over 50 years; Reddit finally files for an IPO; Rap star Yo Gottis business empire; and more

Nvidia CEO Jensen Huang acknowledges potential supply constraints for the company's next-generation products during their Q4 earnings call, despite improvements in the supply chain and ongoing efforts to meet high demand.

Nvidia wowed Wall Street yet again on Wednesday when it posted another quarter of multi-billion dollar revenue upside.

Nvidia is on track to boost its market cap by $239 billion, which would be the biggest one-day haul for any company.

Nvidia is on pace to add more market capitalization Thursday than any company in history, according to Bloomberg.

Already positive, the research from Bernstein and its analyst Stacy Rasgon still consider the stock as a Buy opportunity. Previously set at USD 700, the target price has been raised to USD 1000.

Analog Devices, Inc. beats earnings expectations. Reported EPS is $1.73, expectations were $1.71. Analog Devices, Inc.