US Stock Market: Nvidia Stock (NVDA) has been experiencing significant positive momentum recently. Nvidia Stock closed at 134.91 USD with growth of 3.53 points and 2.69% as of 10 Jul’ 2024, 7:59 pm GMT-4. Nvidia Stock rose 10.92% in past five days with growth of 13.28 points. On Wednesday, July 10, 2024, the Nasdaq Composite Index Read more: Nvidia Stock surge 10.92% in past five days, fueled Nasdaq at record high..
US Stock Market – Nvidia stock has been downgraded was primarily due to valuation concerns, as the research firm believes the stock’s current price reflects the company’s expected growth in the near future. While Nvidia has experienced significant growth, particularly driven by the increasing demand for AI technology, analysts at New Street Research suggest that Read more: Nvidia Stock downgraded due to valuation concerns | Unexpected?..
July 3, 2024, US Stock Market – The Global equities rose while the US dollar weakened. This was largely due to softer-than-expected labor market data, which led investors to anticipate potential interest rate cuts by the Federal Reserve later this year. Global Equities rose due to softer-than-expected labor market data U.S. Labor Department data showed Read more: Global Equities rose, while US Dollar weakened amid soft labor market data..