Nvidia up again overnight. I find it hard to believe anyone would sell BRN shares when all hell is about to break loose. AKIDA is at the cutting edge of AI and some want to sell their exposure to the AI boom for a lousy 40c? There are going to be some very very sorry sellers.
Not financial advice ... my opinion only.NVDA: Nvidia Stock Closes Above $2 Trillion as AI Hype Lifts Shares 66% for the Year
Mar 4, 202418:53 GMT+8julien Tromeur / UnsplashIt’s the AI season and return-hungry investors have flocked to the chipmaker, propelling it to record high valuations.
- Key Points: Nvidia's market cap closed above $2 trillion for the first time ever.
- Chipmaker has added more than 66% to its share price so far this year.
- Apple and Microsoft are the other US companies to clock out above the milestone.
- Nvidia stock NVDA rallied 4% on Friday and closed above the $2 trillion milestone for the first time ever. The daily advance added to the company’s breakneck run this year—a whopping 66%, or $800 billion injected into the firm’s market cap in the span of just two months. And yes, we’ll do the math—Nvidia has picked up an average of $20 billion for each of the 41 trading days so far this year.
- Clocking out at $2 trillion is a rare sight for any market anywhere. In the US, only two other companies have managed to do that—Apple AAPLand Microsoft MSFT, the two giants now holding number 2 and number 1 as the world’s biggest companies. Google parent Alphabet GOOGLhas crossed the threshold but never closed a session above it.
- In the most recent quarter, Nvidia blew expectations out of the water with a 265% sales growth. The excitement, according to chief executive Jensen Huang, is bound to continue. Another bumper quarter is on the list with company guidance of $24 billion for revenue. Nvidia’s flagship AI product—the H100 chips—are so unique and treasured they get shipped in armored vehicles.
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $451.3M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 21.5¢ | $2.863M | 12.69M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 136498 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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23.5¢ | 444756 | 13 |
View Market Depth
No. | Vol. | Price($) |
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4 | 86498 | 0.230 |
3 | 155000 | 0.225 |
16 | 439886 | 0.220 |
14 | 751341 | 0.215 |
35 | 871743 | 0.210 |
Price($) | Vol. | No. |
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0.235 | 360988 | 11 |
0.240 | 791244 | 17 |
0.245 | 612347 | 15 |
0.250 | 151787 | 5 |
0.255 | 132485 | 7 |
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