In the past two days, Nvidia’s stock (NASDAQ: NVDA) has experienced significant movement. Following the release of their Q1 earnings, which exceeded market expectations, Nvidia’s stock surged. On May 22, 2024, Nvidia reported earnings per share (EPS) of $6.12 and revenue of $26 billion, both surpassing analysts’ estimates.

This strong performance has driven the stock to new heights. On May 22, Nvidia’s stock closed at $949.50, and it continued its upward trajectory, reaching an intraday high of $1037.99 on May 23. The robust earnings report, along with optimistic future projections, contributed to this rise.

However, despite this positive momentum, there have been some fluctuations. On May 21, Nvidia’s stock saw a slight dip but quickly rebounded due to strong market confidence and positive analyst ratings. Analysts continue to maintain a strong buy rating, with price targets reflecting further potential upside.

Overall, my Nvidia’s stock has shown a 10.65% growth in the last two days, largely driven by its impressive earnings report and continued market optimism about its future prospects in the AI and semiconductor sectors.

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