NVIDIA is king of wall street

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Nvidia Makes Wall Street History As Stock Surge Adds $277 Billion in Market Cap

Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. companyNvidia wowed Wall Street with its quarterly results and forward commentary Wednesday.It’s a testament t

Nvidia Makes Wall Street History As Stock Surge Adds $277 Billion in Market Cap

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But as Nvidia’s stock surged 16.4% Thursday, it appeared that Wall Street was satisfied with the company’s long-term message.Nvidia’s Thursday stock rally added $277 billion to the company’s market value, making for the biggest one-day haul ever by any U.S. company, according to Dow Jones Market Data. Facebook parent Meta Platforms Inc. added $197 billion to its valuation on Feb. 2.<img src=\"https://static.tigerbbs.com/04f46cbe77bef5f3858f66d81c25de65\" title=\"\" tg-width=\"942\" tg-height=\"609\"/>Nvidia’s stock secured a new all-time high of $785.38. It also saw its best single-day percentage increase since its 24.4% rally from May 23, 2023.In light of talk on Wall Street about growth sustainability, one comment from management stood out to Bernstein analyst Stacy Rasgon.“[O]ver the longer term the company not only sees accelerated compute ramping through the current $1 trillion of installed data-center infrastructure but also sees that installed base doubling to $2 trillion over the next five years,” Rasgon wrote in a note to clients.That expansion of the installed base “feels almost scary but if true would suggest absolutely mammoth growth potential still to come,” he continued.In Rasgon’s view, Nvidia’s stock story “still feels like it has legs,” while the company’s opportunity in the data-center business “is enormous, and still early, with material upside still possible.”He rates the stock at outperform and lifted his price target to $1,000 from $700.Adjectives were flying around as analysts digested Nvidia’s report, with TD Cowen’s Matthew Ramsay calling out “seemingly insatiable demand for Nvidia-based AI solutions” that suggests a run rate upwards of $80 billion for Nvidia’s data-center business.“We continue to believe the industry is in the early innings of two transformational paradigm shifts toward accelerated computing and generative [artificial intelligence] — with Nvidia firmly positioned as the leader in both,” Ramsay wrote.He was encouraged by management’s commentary that about 40% of data-center revenue came in support of inference applications. Inference in AI is when models make predictions from data.“That nearly half of Nvidia’s data-center revenues support inference workloads is yet another proof point that [large-language-model] inference will be a major demand driver for Nvidia and others’ accelerators going forward,” he wrote.Ramsay has an outperform rating on Nvidia shares and boosted his target price to $900 from $700 late Wednesday.Cantor Fitzgerald’s C.J. Muse cheered Nvidia’s “Goldilocks” messaging, saying the company’s guidance was “just right” and offered “plenty of room for upside to estimates throughout the year.”Nvidia’s expectation that demand will outstrip supply this calendar year implies the potential for sequential top-line growth for the duration of the period. Meanwhile, Muse noted that executives “suggested expected shortages for new products launching, including H200, Spectrum-X, and B100, giving confidence that growth will continue well into [calendar 2025].”Muse lifted his price target to $900 from $775 late Wednesday, with that new target “arguably conservative” and reflective of a 32-times multiple of his $28 estimate for adjusted earnings per share next calendar year.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Makes Wall Street History As Stock Surge Adds $277 Billion in Market Cap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Makes Wall Street History As Stock Surge Adds $277 Billion in Market Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2024-02-23 07:30\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. company<img src=\"https://static.tigerbbs.com/8abe06d787548a9cb4c7bdb2feca65fd\" title=\"Nvidia wowed Wall Street with its quarterly results and forward commentary Wednesday.\" tg-width=\"922\" tg-height=\"610\"/>Nvidia wowed Wall Street with its quarterly results and forward commentary Wednesday.It’s a testament to Nvidia Corp.’s blockbuster run over the past year that Wall Street is, in a way, looking past eye-popping metrics like a quintupling of data-center revenue in the latest quarter.Investors have become so accustomed to that sort of performance from Nvidia that they’ve increasingly been wondering how long the company can keep growing. But as Nvidia’s stock surged 16.4% Thursday, it appeared that Wall Street was satisfied with the company’s long-term message.Nvidia’s Thursday stock rally added $277 billion to the company’s market value, making for the biggest one-day haul ever by any U.S. company, according to Dow Jones Market Data. Facebook parent Meta Platforms Inc. added $197 billion to its valuation on Feb. 2.<img src=\"https://static.tigerbbs.com/04f46cbe77bef5f3858f66d81c25de65\" title=\"\" tg-width=\"942\" tg-height=\"609\"/>Nvidia’s stock secured a new all-time high of $785.38. It also saw its best single-day percentage increase since its 24.4% rally from May 23, 2023.In light of talk on Wall Street about growth sustainability, one comment from management stood out to Bernstein analyst Stacy Rasgon.“[O]ver the longer term the company not only sees accelerated compute ramping through the current $1 trillion of installed data-center infrastructure but also sees that installed base doubling to $2 trillion over the next five years,” Rasgon wrote in a note to clients.That expansion of the installed base “feels almost scary but if true would suggest absolutely mammoth growth potential still to come,” he continued.In Rasgon’s view, Nvidia’s stock story “still feels like it has legs,” while the company’s opportunity in the data-center business “is enormous, and still early, with material upside still possible.”He rates the stock at outperform and lifted his price target to $1,000 from $700.Adjectives were flying around as analysts digested Nvidia’s report, with TD Cowen’s Matthew Ramsay calling out “seemingly insatiable demand for Nvidia-based AI solutions” that suggests a run rate upwards of $80 billion for Nvidia’s data-center business.“We continue to believe the industry is in the early innings of two transformational paradigm shifts toward accelerated computing and generative [artificial intelligence] — with Nvidia firmly positioned as the leader in both,” Ramsay wrote.He was encouraged by management’s commentary that about 40% of data-center revenue came in support of inference applications. Inference in AI is when models make predictions from data.“That nearly half of Nvidia’s data-center revenues support inference workloads is yet another proof point that [large-language-model] inference will be a major demand driver for Nvidia and others’ accelerators going forward,” he wrote.Ramsay has an outperform rating on Nvidia shares and boosted his target price to $900 from $700 late Wednesday.Cantor Fitzgerald’s C.J. Muse cheered Nvidia’s “Goldilocks” messaging, saying the company’s guidance was “just right” and offered “plenty of room for upside to estimates throughout the year.”Nvidia’s expectation that demand will outstrip supply this calendar year implies the potential for sequential top-line growth for the duration of the period. Meanwhile, Muse noted that executives “suggested expected shortages for new products launching, including H200, Spectrum-X, and B100, giving confidence that growth will continue well into [calendar 2025].”Muse lifted his price target to $900 from $775 late Wednesday, with that new target “arguably conservative” and reflective of a 32-times multiple of his $28 estimate for adjusted earnings per share next calendar year.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4527":"明星科技股","BK4543":"AI","BK4579":"人工智能","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4588":"碎股","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4529":"IDC概念","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4532":"文艺复兴科技持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4592":"伊斯兰概念","BK4554":"元宇宙及AR概念","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","NVDA":"英伟达","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4587":"ChatGPT概念","LU0097036916.USD":"贝莱德美国增长A2 USD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2413222726","content_text":"Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. companyNvidia wowed Wall Street with its quarterly results and forward commentary Wednesday.It’s a testament to Nvidia Corp.’s blockbuster run over the past year that Wall Street is, in a way, looking past eye-popping metrics like a quintupling of data-center revenue in the latest quarter.Investors have become so accustomed to that sort of performance from Nvidia that they’ve increasingly been wondering how long the company can keep growing. But as Nvidia’s stock surged 16.4% Thursday, it appeared that Wall Street was satisfied with the company’s long-term message.Nvidia’s Thursday stock rally added $277 billion to the company’s market value, making for the biggest one-day haul ever by any U.S. company, according to Dow Jones Market Data. Facebook parent Meta Platforms Inc. added $197 billion to its valuation on Feb. 2.Nvidia’s stock secured a new all-time high of $785.38. It also saw its best single-day percentage increase since its 24.4% rally from May 23, 2023.In light of talk on Wall Street about growth sustainability, one comment from management stood out to Bernstein analyst Stacy Rasgon.“[O]ver the longer term the company not only sees accelerated compute ramping through the current $1 trillion of installed data-center infrastructure but also sees that installed base doubling to $2 trillion over the next five years,” Rasgon wrote in a note to clients.That expansion of the installed base “feels almost scary but if true would suggest absolutely mammoth growth potential still to come,” he continued.In Rasgon’s view, Nvidia’s stock story “still feels like it has legs,” while the company’s opportunity in the data-center business “is enormous, and still early, with material upside still possible.”He rates the stock at outperform and lifted his price target to $1,000 from $700.Adjectives were flying around as analysts digested Nvidia’s report, with TD Cowen’s Matthew Ramsay calling out “seemingly insatiable demand for Nvidia-based AI solutions” that suggests a run rate upwards of $80 billion for Nvidia’s data-center business.“We continue to believe the industry is in the early innings of two transformational paradigm shifts toward accelerated computing and generative [artificial intelligence] — with Nvidia firmly positioned as the leader in both,” Ramsay wrote.He was encouraged by management’s commentary that about 40% of data-center revenue came in support of inference applications. Inference in AI is when models make predictions from data.“That nearly half of Nvidia’s data-center revenues support inference workloads is yet another proof point that [large-language-model] inference will be a major demand driver for Nvidia and others’ accelerators going forward,” he wrote.Ramsay has an outperform rating on Nvidia shares and boosted his target price to $900 from $700 late Wednesday.Cantor Fitzgerald’s C.J. Muse cheered Nvidia’s “Goldilocks” messaging, saying the company’s guidance was “just right” and offered “plenty of room for upside to estimates throughout the year.”Nvidia’s expectation that demand will outstrip supply this calendar year implies the potential for sequential top-line growth for the duration of the period. Meanwhile, Muse noted that executives “suggested expected shortages for new products launching, including H200, Spectrum-X, and B100, giving confidence that growth will continue well into [calendar 2025].”Muse lifted his price target to $900 from $775 late Wednesday, with that new target “arguably conservative” and reflective of a 32-times multiple of his $28 estimate for adjusted earnings per share next calendar year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":24,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}