[Share your trades] Nvidia rose 6.98%, what did you gain?๐๐
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.
Did you make profit or not๏ผLetโs share your most profitable stock holdings.
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Leave a message in the comments section of this post, and share your stock holdings.
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There are tons of coins waiting for you !
Do not forget to take a screenshot of your positions and post them in the comment sections below.
๐ Reward Details
All Tigers who share holdings will receive 5 Tiger coins.
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โฐ Events Duration
From 29 May to 5 June
Please leave a message in the comments section of this post . Make sure you include a screenshot of your position as well. $Tiger Brokers(TIGR)$ $NVIDIA Corp(NVDA)$
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$NVIDIA Corp(NVDA)$
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่ฏทๅ ๅ ฅๆดปๅจ่ตข่ๅธๆๆๆบไผ่ทๅพ่่็คผ็ฉ๐ @HelenJanet @SR050321 @rL
$NVIDIA Corp(NVDA)$ has been a shinning star. It first hit a $1 trillion market capitalization in May 2023 and in about 9 months later it has reached a $2 trillion market capitalization for the first time on 22 Feb 2024.
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%.
๐๐๐While I do not own Nvidia directly, my ETF $SPDR Portfolio S&P 500 ETF(SPLG)$ does have Nvidia in its holdings. Nvidia is the 3rd highest allocation with almost 6% weightage. SPLG is a mini version of $SPDR S&P 500 ETF Trust(SPY)$
which tracks the S&P500 Index representing 500 of the best and strongest US companies. This includes all members of the Magnificent 7 such as $Microsoft(MSFT)$ $Apple(AAPL)$ Nvidia, $Amazon.com(AMZN)$ $Meta Platforms, Inc.(META)$ $Alphabet(GOOGL)$ as well as Berkshire Hathaway, Eli Lilly, Broadcom and much more.
The expense ratio is a very low 0.02%. I am happy with the performance of SPLG as I am currently up 20%. Best of all, SPLG pays nice and juicy dividends every 3 months. The current dividend yield is 1.33%. SPLG goes ex dividend on June 24. How good is that!
@TigerEvents @TigerStars @Tiger_comments
First options trade was just a test run, a bit of a tease, but now I've won. Second trade, oh what a thrill, turned $728.85 into a crisp bill. From a test to a treasure, I'm riding high, laughing to the bank, no longer shy. Profits soaring, it's quite a scene, I'm trading sharp, and my wit is keen
$NVIDIA Corp(NVDA)$!
@SPACE ROCK
$NVIDIA Corp(NVDA)$
bought mid 2023 and keeping it long.