The Santa Claus rally got off to a strong start with Tesla leading the Nasdaq higher. Nvidia just topped a buy point.
That has made it the most-bought equity by retail traders on net in 2024, as of Dec. 17. "Nvidia turned out to be the one stock that kind of stole the show from Tesla because of impressive price gains," said Marco Iachini, senior vice president at Vanda.
Fundstrat's Tom Lee says that Nvidia could grow tenfold over the next decade, potentially reaching $1 trillion in revenue.
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia — reportedly personally contacting Nvidia Chief Executive Officer Jensen Huang and offering more than $1 billion for a cluster of GB200 GPUs. As it relates to xAI specifically, take a look at what Musk posted on X (formerly Twitter) back in September.
YieldMax TSLA Option Income Strategy ETF has to mechanically sell a lot of calls every month. Find out why TSLY is a Hold.
Using Nvidia, Netflix and Meta, see timely tips on investing in stocks from classic tales of Rudolph, Frosty and Scrooge.
Nvidia is entering the self-driving car industry in China, the world’s largest car market. That puts it on a collision course with Tesla.
Nasdaq 100 outperforms as Tesla, Amazon, and Nvidia surge. S&P 500 edges up during holiday trade with light volume ahead of Christmas break.
Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.
One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,
But allocating a reasonable amount, continuing to invest, and holding shares in a great business through the inevitable ups and downs can lead to a comfortable retirement. It can even make one a millionaire. Here's why Nvidia ( NVDA -2.35%) is showing investors why it's a great business, and one that could help you retire a millionaire.
With Nvidia so dominant, once the stock started to reverse, the entire stock market would go down with it—or so the bears thought. Instead, the opposite has been the case. Since peaking in early November,