[Moo Brief] NVIDIA's value soars by nearly 7%, approaching Apple's market cap!
$NVIDIA (NVDA.US)$ has experienced an astonishing surge, with its stock price surpassing 1,110 and achieving another historic milestone. Its market capitalization has soared to $2.8 trillion, with an overnight increase of nearly $190 billion, approaching the value of Apple. In its recent Q1 financial report, NVIDIA surpassed expectations, reporting revenue of 26.044 billion and a profit of $14.881 billion. Additionally, the company announced a 10-for-1 stock split scheduled for June 7 (Friday) after the market closes, along with a significant increase in dividend distribution. Analysts note that while the stock split itself won't impact the stock's valuation, the reduction in share value serves as a major catalyst for attracting retail investors and potentially increases the likelihood of inclusion in the $Dow Jones Industrial Average (.DJI.US)$.
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KatJay : note to self. buy more nvidia
Baby米球 :
XanderRM :
Shaylynn4real : Moo