NVIDIA named Bull of the Day by Zacks Equity Research with strong Q1 earnings

From Nasdaq: 2024-06-04 07:33:00

NVIDIA (NVDA) is named the Bull of the Day by Zacks Equity Research, with strong Q1 earnings leading to share prices above $1000. CEO Jensen Huang’s focus on accelerated computing/AI at the GTC event showcased the potential for massive growth, with analysts underestimating the company’s total addressable market and future revenues. EPS estimates continue to rise, positioning NVIDIA as a top player in the AI economy.



Read more at Nasdaq: NVIDIA and Marathon Digital have been highlighted as Zacks Bull and Bear of the Day