Nvidia Stock Couldn’t Close at a Record High Ahead of Earnings
Nvidia stock finished lower on Thursday after being on track to set a record high as optimism rises around the chip maker ahead of its earnings report next week. Nvidia shares closed down 0.3% at $943.59 on Thursday. The marketwide rally sparked by April’s inflation data on Wednesday lifted Nvidia shares along with a raft of upbeat analyst estimates ahead of the company’s first-quarter results on May 22.