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Nvidia Stock Gains Again. Why This Could Be the Next Catalyst

Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.N

Nvidia Stock Gains Again. Why This Could Be the Next Catalyst

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Why This Could Be the Next Catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2417250863","media":"Dow Jones","summary":"Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.N","content":"<html><head></head><body><p style=\"text-align: start;\">Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32ac159d1ab053738475e21847c84072\" alt=\"Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.\" title=\"Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.\" tg-width=\"955\" tg-height=\"633\"/><span>Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.</span></p><p style=\"text-align: start;\">Nvidia shares jumped 3.2% to $887 on Wednesday. The rest of the so-called Magnificent 7 fell Tuesday as the technology-heavy Nasdaq Composite index tumbled 1.7%. But Nvidia stood tall. </p><p>The stock closed up 0.9% at $859.64 on Tuesday, leaving the company valued at $2.15 trillion. In contrast, Apple shares fell 2.8%, Microsoft declined 3%, and Tesla slipped 4%.</p><p>Nvidia’s shares spent much of Tuesday’s trading session in the red, though, before mounting a late rally even in the face of broader industry weakness.</p><p>Investors may already be looking ahead to Nvidia’s AI conference later this month—beginning on March 18—as the next potential catalyst for the shares.</p><p>“Given the role AI has played in driving the sector’s recent gains, we continue to believe events like [these] could serve as meaningful catalysts (and we point to Nvidia’s short-term volatility term structure as supportive of the idea that investors are focused on that AI event,” said Susquehanna analyst Christopher Jacobson.</p><p>Other chip makers also climbed on Wednesday. Advanced Micro Devices rose 2.7%, Intel climbed 3.1%, and Marvell Technology rose 3.4%.</p><p>Nvidia shares have risen 79% this year to date through Wednesday’s close. That compares with a 7% increase in the S&amp;P 500 Index and a 6.8% rise in the Nasdaq Composite over the same period.</p></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 Stock Gains Again. 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Why This Could Be the Next Catalyst\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\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-07 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/32ac159d1ab053738475e21847c84072\" alt=\"Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.\" title=\"Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.\" tg-width=\"955\" tg-height=\"633\"/><span>Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.</span></p><p style=\"text-align: start;\">Nvidia shares jumped 3.2% to $887 on Wednesday. The rest of the so-called Magnificent 7 fell Tuesday as the technology-heavy Nasdaq Composite index tumbled 1.7%. But Nvidia stood tall. </p><p>The stock closed up 0.9% at $859.64 on Tuesday, leaving the company valued at $2.15 trillion. In contrast, Apple shares fell 2.8%, Microsoft declined 3%, and Tesla slipped 4%.</p><p>Nvidia’s shares spent much of Tuesday’s trading session in the red, though, before mounting a late rally even in the face of broader industry weakness.</p><p>Investors may already be looking ahead to Nvidia’s AI conference later this month—beginning on March 18—as the next potential catalyst for the shares.</p><p>“Given the role AI has played in driving the sector’s recent gains, we continue to believe events like [these] could serve as meaningful catalysts (and we point to Nvidia’s short-term volatility term structure as supportive of the idea that investors are focused on that AI event,” said Susquehanna analyst Christopher Jacobson.</p><p>Other chip makers also climbed on Wednesday. Advanced Micro Devices rose 2.7%, Intel climbed 3.1%, and Marvell Technology rose 3.4%.</p><p>Nvidia shares have risen 79% this year to date through Wednesday’s close. That compares with a 7% increase in the S&amp;P 500 Index and a 6.8% rise in the Nasdaq Composite over the same period.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4581":"高盛持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0444971666.USD":"天利全球科技基金","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4592":"伊斯兰概念","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU0080751232.USD":"富达环球多元动力基金A","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","LU2063271972.USD":"富兰克林创新领域基金","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4574":"无人驾驶","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","NVDA":"英伟达","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4573":"虚拟现实","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2417250863","content_text":"Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.Nvidia stock was the only member of the Magnificent 7 to rise Tuesday.Nvidia shares jumped 3.2% to $887 on Wednesday. The rest of the so-called Magnificent 7 fell Tuesday as the technology-heavy Nasdaq Composite index tumbled 1.7%. But Nvidia stood tall. The stock closed up 0.9% at $859.64 on Tuesday, leaving the company valued at $2.15 trillion. In contrast, Apple shares fell 2.8%, Microsoft declined 3%, and Tesla slipped 4%.Nvidia’s shares spent much of Tuesday’s trading session in the red, though, before mounting a late rally even in the face of broader industry weakness.Investors may already be looking ahead to Nvidia’s AI conference later this month—beginning on March 18—as the next potential catalyst for the shares.“Given the role AI has played in driving the sector’s recent gains, we continue to believe events like [these] could serve as meaningful catalysts (and we point to Nvidia’s short-term volatility term structure as supportive of the idea that investors are focused on that AI event,” said Susquehanna analyst Christopher Jacobson.Other chip makers also climbed on Wednesday. Advanced Micro Devices rose 2.7%, Intel climbed 3.1%, and Marvell Technology rose 3.4%.Nvidia shares have risen 79% this year to date through Wednesday’s close. That compares with a 7% increase in the S&P 500 Index and a 6.8% rise in the Nasdaq Composite over the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":592,"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,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":24,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}