How To Earn $500 A Month From Nvidia Stock Following Strong Earnings Report
Portfolio Pulse from Avi Kapoor
NVIDIA Corporation (NASDAQ:NVDA) has seen a significant rally following its stronger-than-expected earnings report, with shares jumping around 21% since the announcement. The company reported better-than-expected financial results for its first quarter, issued strong guidance for the second quarter, announced a 10-for-1 stock split, and raised its quarterly dividend by 150%. The stock has surged 186% since the end of May 2023, driven by high demand for AI development chips. Investors looking to earn $500 monthly from dividends would need to invest approximately $17,223,750.
May 30, 2024 | 12:29 pm
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NVIDIA's stock has surged 21% following a strong earnings report, a 10-for-1 stock split, and a 150% increase in its quarterly dividend. The stock has seen a 186% rise since May 2023, driven by high demand for AI development chips.
The strong earnings report, stock split, and significant dividend increase are positive indicators for NVIDIA's stock. The 21% surge post-earnings and 186% rise since May 2023 highlight strong investor confidence and demand.
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