Why Nvidia Stock Is Gaining in a Volatile Market Today

From Nasdaq: 2024-07-25 15:38:08

Nvidia stock sees a 1.1% increase despite a rough start due to geopolitical risk concerns and earnings misses. U.S. GDP growth of 2.8% in Q2 provided a boost, suggesting a possible soft economic landing. Nvidia stock remains volatile, but demand for its products remains strong, with an upcoming earnings report expected to be influential.

Considerations before investing in Nvidia: The Motley Fool’s Stock Advisor team identified 10 top stocks for investment, excluding Nvidia. Stock Advisor’s track record shows significant returns compared to the S&P 500. Suzanne Frey and Randi Zuckerberg from Alphabet, and John Mackey from Amazon are board members of The Motley Fool, which has positions in Nvidia and other tech giants.



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