To The Moon

Nvidia stock falls 1.23% in premarket trading. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.Jensen Huang has reduced shareholding in Nvidia by 480K shares since Jun 13, 2024, with a total value of approximately $63.08 million.

Justin Sullivan/Getty Images News Elevator Pitch My Buy investment rating for Nvidia Corporation shares stays intact. In my prior update for NVDA, written on April 6, 2023, I noted my expectations of "Nvidia's shares rising above $300" taking into account the fact that it "is well-positioned to leverage on generative AI growth opportunities." Nvidia Corporation's stock price has since risen by +46% to close at $394.82 as of June 12, 2023. I determine that there is a very good chance of NVDA's shares going up further to $500 with the current article, which supports my Buy rating for the stock. Nvidia Corporation has yet to fully exploit AI-related growth opportunities, and the implied price/earnings to growth or PEG multiple for NVDA at the $500 price level is still pretty reasonable. Is Nvidia Stock Expected To Go Up Further?

Nvidia's stock has become quite expensive.

UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, gover

Third quarter 2022 sales were deeply impacted by a rapid slump in PCs.

SummaryNvidia reported its second quarter earnings, missing estimates.Nvidia's Q3 guidance is more i