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NVDA Feb 2025 790.000 put
- Yahoo Finance Video
Nvidia's path to $3 trillion: How it reached the milestone
Nvidia (NVDA) shares are trading slightly lower early Thursday after the tech giant's market cap briefly topped $3 trillion for the first time on Wednesday. Yahoo Finance's Jared Blikre explains how Nvidia's stock has surged over the last few years. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Nvidia will remain dominant for next 3-5 years: Analyst
Nvidia (NVDA) has reached a $3 trillion market capitalization, surpassing Apple (AAPL) to become the second most valuable company in the US. The company's success has been propelled by the continued excitement around artificial intelligence. However, questions linger about the sustainability of this growth trajectory. Deepwater Asset Management Managing Partner Doug Clinton joins the Morning Brief to share his perspective on Nvidia's soaring valuation. While acknowledging that the current market dynamics might appear "a little scary on the chart," Clinton believes that the AI rally is still in its early stages, and investors will continue to feel uneasy until the markets reach a point of being in a "true AI bubble." As Nvidia gears up for its highly anticipated 10-for-1 stock split, Clinton highlights the company's ability to "continue to show business momentum," a testament to its resilience and adaptability in the face of rapidly evolving market conditions. However, amid the AI frenzy, Clinton raises a question: "Can Nvidia maintain its dominant position, providing the brains to these artificial intelligence models? I think they can for the next 3-5 years." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Nvidia tops $3T, ECB rate cut, Lululemon earnings: 3 things
Thursday is set to be another big day on Wall Street. As the trading day begins, here are three things investors should know. Nvidia's (NVDA) market cap topped $3 trillion, surpassing Apple (AAPL) to become the second-most valuable company in the US. The European Central Bank cut interest rates for the first time since September 2019. The ECB cut rates from 4% to 3.75%. Shares of Lululemon Athletica (LULU) are jumping in premarket trading. The retailer posted better-than-expected Q1 earnings, raised its full-year profit guidance, and increased its stock buyback program by $1 billion. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
