Nasdaq reaches record high, Apple iPhone shipments to China increase, Nvidia gains

From CNBC: 2024-05-28 11:52:46

The Nasdaq surpassed 17,000 for the first time ever, driven by Nvidia’s gains. Jim Cramer noted investors may be selling to increase positions in Nvidia. Apple rose as iPhone shipments in China bounced back with a 52% surge in April. Citi upgraded DuPont to buy with a $95 price target due to plans to separate into three companies. Jim is optimistic about DuPont’s potential to reach $100. As a member of CNBC Investing Club, trade alerts are provided before Jim makes trades. No guaranteed outcome or profit is promised.



Read more at CNBC:: Jim Cramer on Apple iPhone data that shipments to China surged in April