Why Nvidia Stock Jumped After the Big Fed Rate Cut
One of those stocks gaining ground Thursday morning was artificial intelligence (AI) chip leader Nvidia ( NVDA 5.36%). As of 11:40 a.m. ET, Nvidia shares were up by 5.3%. But it wasn't just the Fed rate cut that had investors pouring into Nvidia stock today.
Nvidia Has Been Quite Relevant To Stocks, Which Means the Fed Can’t Be
Last Tuesday Nvidia shed over $279 billion in value. It was the biggest one-day paper loss for a corporation in the history of the stock market. As a CNN report put it, “only 27 companies on the planet are worth as much as Nvidia lost in value on Tuesday.”
Nvidia shares racked up more gains on Thursday, rising amid the broader rally triggered by the Federal Reserve’s decision to ...
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Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
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AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, ...
Nvidia stock dipped on Monday, giving back some of last week’s gains as the semiconductor giant’s stretch of stock volatility ...
The high-flying AI chip superstar seemed to run out of gas in the fiscal 2025 second-quarter earnings report it released on ...
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Nvidia is one of the most important players in the artificial intelligence (AI) realm. Demand for the company's GPU chipsets ...
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