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Meet the Everyday Investors Along for Nvidia's Wild Stock-Market Ride.

Authors :
Miao, Hannah
Grant, Charley
Source :
Wall Street Journal - Online Edition. 2/21/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Nvidia, a graphics-chip maker, has become extremely popular among everyday investors, with its stock up 40% this year and adding $1.4 trillion in market value since 2023. Individual investors have invested $1.2 billion into Nvidia shares this year, surpassing other tech giants like Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Tesla. Nvidia's success is attributed to its capitalization on the enthusiasm for artificial intelligence technology, and its quarterly earnings report is highly anticipated. However, experts caution that Nvidia's persistent strength is unusual and past performance does not guarantee future success. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
175545701