“Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike”
May 28, 2024
“Nvidia (NVDA) stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting first quarter earnings that once again blew away forecasts.
Nvidia’s first quarter results, released after the bell on Wednesday, showed adjusted earnings per share (EPS) tallied $6.12 on revenue of $26 billion, a jump of 461% and 262%, respectively, from a year ago…”