Nvidia (NASDAQ: NVDA), the semiconductor giant, has achieved a historic milestone. For the first time, its stock price surpassed $1,200. Moreover, the company’s market capitalization has skyrocketed to an astonishing $2.95 trillion, just 3% away from dethroning Apple (NASDAQ: AAPL) as the world’s most valuable public company.As of this writing, the NVDA stock trades at $1,198.48 per share, up 1.56% in the last 24 hours.Nvidia (NASDAQ: NVDA) 24-hour price chart. Source: FinboldIn 2024 alone, Nvidia has added ...

As the EV industry shows signs of recovery, Nio (NYSE: NIO) has reported record-breaking delivery numbers, signaling a potential turnaround. Nio announced over the weekend that it delivered 20,544 vehicles in May, a 233.8% increase from May 2023. These deliveries included 12,164 electric SUVs and 8,380 electric sedans.Year-to-date, in 2024, Nio has delivered 66,217 EVs, marking a significant 51% increase compared to the same period last year. Positive developments for NioThe Shanghai-based automaker receive ...

The AI revolution has taken semiconductor stocks and their gains to the next level, with most producers recording gains of 50% or more since 2024, driven by unprecedented demand for AI-related technologies and components. Taiwan Semiconductor (NYSE: TSM) stock is no exception.TSMC became the leading foundry by revenue in the first quarter, capturing 62% of the market share. Taiwan Semiconductor Manufacturing anticipates up to 30% sales growth in the second quarter, driven by strong demand for semiconductors ...

As the majority of participants in the stock market anticipate an upcoming stock split by Nvidia (NASDAQ: NVDA), which will offer additional shares to current holders, consequently bringing down the price of each individual share, an insider has taken the opportunity to profit.Indeed, Mark Stevens, the second-largest Nvidia shareholder and board member since 2008, has recently sold 26,939 NVDA shares for a total value of $30.7 million, according to the filing with the United States Securities and Exchange C ...

Amid a continuously successful year for Walmart (NYSE: WMT) shares, crowned with the recently attained new all-time high (ATH), Wall Street analysts have revised their previous price targets for the American retail and hypermarket corporation for the next 12 months.Indeed, WMT stocks have been making steady progress this year, adding more bullishness in mid-May after the company released a better-than-expected earnings report for the fiscal 2025 first quarter, demonstrating Walmart’s growing strength in the ...

While the company has been adamant about its neutrality and support for peace rather than either side in the ongoing Israeli onslaught against Gaza and the West Bank, Starbucks (NASDAQ: SBUX) has been hard-pressed by the related boycott.The damage caused by the pressure became the most evident following the coffee chain’s most recent earnings report as SBUX shares dropped off a cliff, falling from approximately $88 to about $74 within a single day of trading.Though it is hard to tell whether the boycott has ...

Compound investing, coupled with stocks that undergo stock splits, presents an ideal investment opportunity for first-time investors and those seeking to diversify their portfolios. Chipotle’s (NYSE: CMG) stock ticks all the sections on this list.With a remarkable growth of over 7,000% since its IPO, CMG stock is set to undergo a 50-1 stock split on June 18, pending likely board approval, making its price much more affordable to new investors.CMG stock all-time price chart. Source: Google FinanceWhat makes ...

Despite him keeping a fairly limited portfolio – and dropping its controversial 2023 bet against the semiconductor industry – there has been no shortage of excitement stemming from the various stock market bets of ‘The Big Short’ investor Michael Burry.So far, some of his biggest trades – such as those in Amazon (NASDAQ: AMZN) and Alibaba (NYSE: BABA) have drawn the bulk of the attention, though some smaller ones – like the since-dropped GEN Restaurant Group (NASDAQ: GENK) – have also been of interest.By ea ...

Unlike many other companies heavily involved in the ongoing artificial intelligence (AI) boom, the other semiconductor giant, Advanced Micro Devices (NASDAQ: AMD), has been struggling to find its footing in the stock market in 2024.Though AMD started the year strong, climbing from about $138 to over $210 between January and March, its shares have since been on a relatively steady decline and are – in total – 17.37% in the green year-to-date (YTD).AMD stock YTD price chart. Source: FinboldAt the very start o ...

While the other members of the ‘Magnificent Seven,’ barring Tesla (NASDAQ: TSLA), have been on a surge in 2024, managing to increase their valuation significantly, Apple (NASDAQ: AAPL) just recently managed to trade in the green for this year.Nevertheless, Apple has experienced less insider trading activity than the other elite club members, with only three recorded insider sales since the start of this year, which could signify the trust AAPL stock receives from its owners and the belief in the better days ...