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In case you have been living under a rock for the past year and a half, NVIDIA Corp. (NASDAQ: NVDA) has been the market’s hottest stock and is now one of the largest companies — as measured by market capitalization — in the entire world. After the chipmaker underwent a recent 10-for-1 stock split on June […]
The post If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now appeared first on 24/7 Wall St..

If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now

Microsoft (MSFT) shares are trading more than 6% lower after the close, following the companies. Latest earnings report. For the quarter, Microsoft beat earnings per share by a penny after reporting revenue that was in line with expectations. The company’s revenue strengths came from the personal computing segment while Aure and other cloud computing services came in slightly lower than the company’s guidance.

Three Stocks: Microsoft, NVIDIA, and PayPal

All good things must come to an end. Or do they? That's a question many investors could be asking about Nvidia's (NASDAQ: NVDA) remarkable run. Shares of the graphics processing unit (GPU) maker have skyrocketed more than ninefold since the fourth quarter of 2022. Nvidia is up almost 130% so far this year. However, the stock has plunged around 17% in recent weeks. Despite this big pullback, some Wall Street analysts think Nvidia is still a no-brainer buy.

Nvidia Stock Plunges: Why Some Wall Street Analysts Think It's Still a No-Brainer Buy

Business Times

Advanced Micro Devices (AMD) reported impressive second-quarter results, fueled by record-breaking revenue in its data center segment. The chipmaker posted revenue of $5.8 billion, surpassing analysts' expectations and marking a 9% increase from the same period last year. Despite a net income miss, with $265 million or 16 cents per share falling short of projections, the company's adjusted earnings of 69 cents per share exceeded estimates.

AMD Shares Surge on Record Data Center Revenue Driven by AI Demand

Microsoft reported better-than-expected earnings and revenue for the fiscal fourth quarter. The stock dropped in extended trading as investors focused on disappointing Azure revenue, but management called for accelerating in the quarters ahead. Total revenue increased 15% from a year earlier. Here's how the company did, compared with the LSEG...

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

EA Sports College Football 25 has been the most talked-about video game of the summer, as fans have waited over a decade for the return of EA’s CFB simulator. That excitement has led to players flocking towards the game upon release, as College Football 25 tallied five million players in its first week.

5 million people played EA Sports College Football 25 in its first week

Florida State

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Akeena

Wow, that's a tough situation for UKG employees in Florida. Imagine gearing up for a holiday weekend and then getting blindsided with news of massive layoffs. It's not just the number—2,200 employees, which is 14% of their workforce—but also how abruptly it was done, right before the Fourth of July.

Thousands of workers in Florida laid off by a major company

Birmingham, AL

Valrico, FL

In a recent announcement, The Fresh Market, a beloved grocery chain in Florida, is bidding farewell to its Valrico location. The store, located in one of the fastest-growing areas of the U.S., has cited uncontrollable inflation as a driving force behind its closure, echoing broader economic challenges impacting even higher-end retailers.

A grocery chain in Florida is unexpectedly closing down

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Reuters

(Reuters) - Disappointing quarterly results from Microsoft melted $340 billion of stock market value on Tuesday from it and rival heavyweights racing to dominate artificial intelligence technology, while Nvidia and other AI chip sellers rallied after results from Advanced Micro Devices.

Microsoft sinks, chipmakers climb as AI rally faces divide

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

California State

The HD Post

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a net loss of $205.0 million, or $6.99 per share, the company website shows 54 stores closing in California with a 20% off sale.

List of 54 Big Lots stores closing in California with 20% off sale

The Motley Fool

Companies that perform stock splits are usually firing on all cylinders.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

Starbucks glass art on a store in Tokyo. Still, the results weren’t as bad as investors feared. Shares of the company rose more than 5% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of analysts by LSEG:

Starbucks revenue misses estimates as same-store sales decline for second straight quarter

Nvidia (NVDA -7.04%) stock fell again in Tuesday's trading. The artificial intelligence (AI) frontrunner's share price ended the daily session down 7%, according to data from S&P Global Market Intelligence. Nvidia's pullback in today's trading appears to be a classic case of a "buy the rumor, sell the news" dynamic....

Nvidia Sank Again Today -- Time to Buy the Artificial Intelligence (AI) Growth Stock Hand Over Fist?

In a recent transaction, Walmart Inc. (NYSE:WMT) President and CEO, C. Douglas McMillon, sold a significant number of company shares, signaling a notable event for investors tracking insider activity. The sale involved 29,124 shares of common stock at a price of $70.6126 per share, amounting to a total value of over $2.05 million.

Walmart CEO McMillon sells shares worth over $2 million

Hey Shacknews, it's time for Weekend Discussion. Let's officially close out our weekend! Please take a look. It's Sunday! It's sudoku! It's time for Sunday sudoku relaxation. The price tag is a bit daunting, though. That's an expensive jogger. Are there too many streaming services?. Yes there are. Now watch...

Weekend Discussion - July 28, 2024

Tech stocks are leading growth drivers in the stock market and have been for decades. Chip companies play crucial roles as their hardware is necessary to develop countless sectors. ASML and Nvidia dominate their respective areas of the chip market, making them attractive. These companies have more dominant roles in...

Forget AMD: 2 Tech Stocks to Buy Instead

NewsBreak

AMD Gaming segment revenue fell 59% from Q2 2023 on weakness in semi-custom chips

AMD reported better-than-expected earnings for Q2 2024. However, while the company's earnings are largely on the back of strong GPU shipments and CPU sales, it's worth...

AMD Gaming segment revenue fell 59% from Q2 2023 on weakness in semi-custom chips

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