Nvidia, stocks
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Nasdaq, S&P, Dow trade mixed
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker Taiwan Semiconductor, GE Aerospace Rise On Earnings; Netflix LoomsDow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. NvidiaNVDA chipmaker Taiwan SemiconductorTSM and GE AerospaceGE jumped on strong earnings and guidance.
Key Points Nebius stock has soared impressively this year, and its rise seems justified considering its outstanding growth and solid prospects.Goldman Sachs believes that the stock remains undervalued when its growth potential is taken into account.
Nvidia remains the dominant AI chipmaker in the market, but where is the stock headed for the rest of this year and into the next?
Tech stocks were an outlier, though, and the Nasdaq composite rose 0.2% to set another record thanks to Nvidia, the market’s most influential stock.
Nvidia just became the first company to reach a $4 trillion market cap. Analysts project Nvidia to grow earnings per share at high rates for several more years. It's difficult to find any companies that have benefited from the growth of artificial intelligence (AI) like Nvidia (NASDAQ: NVDA).