NVIDIA Corporation (NVDA) has been a shining star, and its latest financial report has only added fuel to the fire. Over the three trading days following the release of the earnings report, $NVIDIA Corp(NVDA)$ soared roughly 20% owing to earnings that exceeded expectations and a stock split that has investors buzzing.
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Comments
$NVIDIA Corp(NVDA)$
看好该公司在2924年会继续给投资者带来惊喜😄，我会继续等待时机买入更多英伟达股票，并长期持有❤️❤️❤️
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$NVIDIA Corp(NVDA)$
Nvidia is the third U.S. company with $2 trillion market cap after Apple and Microsoft.
Nvidia reported $26 billion revenue for the first quarter ended 28 Apr 2024 which is up 18% from the previous quarter and up 262% from a year ago.
Nvidia also announced a ten-for-one stock split to make stock ownership more accessible to employees and investors. Each record holder of the stock as of the close of market on 6 June 2024 will receive 9 additional shares of the stock, to be distributed after the close of market on 7 June 2024. Trading is expected to commence on a split-adjusted basis at market open on 10 June 2024.
Nvidia is increasing its quarterly cash dividend by 150% from $0.04 per share to $0.10 per share of stock. The increased dividend is equivalent to $0.01 per share on a post-split basis and will be paid on 28 June 2024, to all shareholders of record on 11 June 2024.
Luckily I managed to buy Nvidia share at end of April 2024 before the earning report announcement and now has an unrealized P&L ratio of 37.5%.