Nvidia, the stock market
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Nvidia ( NVDA 1.80%) remains one of the best artificial intelligence (AI) stocks on the market. But with the chipmaker now trading at a price-to-sales multiple of 26.4, many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.
Nvidia ( NVDA 1.10%) has been one of the best investments to own over the past few years. However, if you examine how the stock has performed in 2023 and 2024, it's clear that the second half of the year hasn't been as strong as the first half, though it's still been positive.
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced. Get the story here.
The stunning rise of Nvidia to become the first publicly traded company valued at US$4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price,
Nvidia reached another milestone in its rise to becoming one of the world's most important companies: the first publicly traded company to reach a market value of $4 trillion.
A Citi analyst sees Nvidia’s stock rising another 20% as the AI opportunity swells further, but he notes the risk of potential new geopolitical restrictions ahead.