Local stock market analysis blog about Nvidia stock NVDA blogging online
Many big-cap technology stocks that have done very well in 2023 and into 2024. In the last year, Nvidia’s stock price has made an amazing increase in stock price. We do stock market and stock price blogging online on StocksOutlet. Best Stock Market Chatting and Blogging Online with us. In stockoutlet.com, we discuss various stocks in the stock market. In this stock market outlet blog, we will be discussing Nvidia with the stock symbol NVDA.
NVDA Blogging – NVIDIA Market Cap Rapid Rise in 2023 and into Feb 2024
Nvidia stock has almost gone up by over $900 billion in market cap value in less than one year. On Friday, Nvidia’s stock price for the first time hit a market cap of over 2 trillion dollars. In the stock outlet blog, we will be discussing technology, stocks, and Nvidia stock.
The tech space led by Apple, Inc., Google, Amazon, and Microsoft has let both the NASDAQ and S&P higher. Now there is a new leader in the technology space. That is Nvidia stock. NVDA has had an amazing run over the past couple of years. On Friday NVDA’s stock price went over $800 translated to a market cap of over an amazing $2 trillion.
The reason investors are bullish on Nvidia stock is that both the Blockchain and AI use Nvidia chips. Many of the big tech companies use Nvidia for their AI implementation.
Stock outlet blogging about the Big Tech market
Big tech has led the stock market higher over the past six months. All the big tech stocks such as Amazon, Google, and Microsoft have increased by over 20% in the past eight months. That is equal to hundreds of billions of dollars of investment into these companies. MSFT has had, an amazing run over the past eight months. When Microsoft announced that it had invested in Chatgpt, many investors were pleased, and the stock market went up quite a bit.
Stock Market Chatting about NVIDIA Company Information and NVDA Stock Price
NVDA’s stock price was less than 150 by the end of 2022. It was over 800 on February 23, 2024. That is over a 4x jump in less than 18 months. NVIDIA’s main corporate office is located in Santa Clara, CA. It is estimated that NVDA holds about 80 percent market share in the global GPU semiconductor space.
Big Rally in Big Tech Companies such as Microsoft MSFT, Amazon AMZN, and META in 2023
Many big-cap technology stocks that have done very well in 2023 and into 2024. In the last year, Nvidia’s stock price has made an amazing increase in stock price. We do stock market and stock price blogging online on StocksOutlet. Best Stock Market Chatting and Blogging Online with us. In stockoutlet.com, we discuss various stocks in the stock market. In this stock market outlet blog, we will be discussing Nvidia with the stock symbol NVDA. Other big movers in 2023 and heading into 2024 have been Amazon, Microsoft, and Meta stocks. Meta stock had gone all the way down to below 100 in 2022, and now in February 2024, it is over 440. MSFT stock price has gone from below 260 in December 2022 to over 400 in February 2024.
Last 3 Quarters Amazing Earnings – NVDA Stock Blog
NVDA has shown great earnings over the last 3 quarters. The stock price continues to outperform because of strong earnings. Of course, many are wondering if that will continue in the last 2 quarters of 2024? The demand for GPU semiconductors continues to be strong globally. The key is that if NVDA can keep up with that demand and if other semiconductor companies going to start to compete better in that space. When the NVDA market cap went over $2 Trillion on Friday, many people were very surprised. It was not so long ago, that the market cap was less than $700 billion.
Large Tech Stock Rally in 2023 and early 2024 – will that continue into 2025?
Many people are wondering if the bull run is over for tech stocks? Are big-cap technology stocks becoming overpriced? Stocks like AMZN and MSFT are both up over 30 percent in the last year.
Many people are wondering if the Federal Reserve will lower interest rates by the end of 2024? Some people feel that the Federal Reserve may lower interest rates in 2024 and this may help the overall stock market. But that is hard to know since there has already been a large increase in the NASDAQ and S&P market prices. Not all stocks have benefited though. The signs are that the Federal Reserve may lower interest rates a little by the end of the year,
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Stock Market Bloggers Online and Stock Market Analysts Information
Anyone who has been in the stock market for a long time, surely knows that many “experts” are wrong quite a bit in picking stocks. The best ones usually invest for the long term and have a lot of patience. We do want to hear from various stock analysts to share some general stock market information. Stocks Outlet is networking with local stock market tech companies and stock bloggers. We are looking for expert financial and stock analysts to provide their insights to us. Any stocks mentioned in our stock blog are only being referenced as general information – and not any form of stock market advice.