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Nvidia announced plans to split its stock 10-for-1, meaning existing shareholders will receive 10 shares of Nvidia for every 1 they own at a price of 10% of the market value. Historically, stocks tend to perform well after a stock split, with an average return of more than 25% in the 12 months following a split. Nvidia also announced a significant increase to its dividend, hiking it from $395 million annually to nearly $1 billion annually. Nvidia's stock has massively outperformed the market recently, gaining over 2,600% in 5 years versus 120% for the Nasdaq.
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Zee Business
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Beat the Street
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Global crypto market capitalization is 5.6% higher as Bitcoin open interest peaks to one month highest and Ether ETF approval odds at 75%. One trader notes Bitcoin’s current consolidation setting the stage for another peak, while another notes even $72,000 as a very low target.
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Abhishek Kar
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editorji
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-#Bosch added Rs 1,200 crore in market cap.<br/>-#MindaCorp revenue up 13% while EBITDA up 18.5%.<br/><br/><br/>Get all your stock-related queries answered by our technical and fundamental guests with Alex Mathew and Smriti Chaudhary on Ask Profit. #ndtvprofitlive 
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FinnovationZ by Prasad
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Goela School of Finance LLP
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Traders are bracing for a significant shift in Nvidia shares following the company’s earnings report on Wednesday, Reuters reported on Tuesday. Options markets in the U.S. indicate an expected 8.7% swing in Nvidia’s stock by Friday, as per data from Trade Alert. This move could equate to a market cap fluctuation of $200 billion, surpassing the market cap of about 90% of S&P 500 companies.
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The Economic Times
⏲ 1 minute 42 seconds 👁 2.5K
Beat the Street
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