Nvidia, stocks
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Investor's Business Daily on MSNStock Market Today: Nasdaq Scores A High As Fed Officials Hawkish On Inflation; Netflix Rises With Earnings Due (Live Coverage)The Dow Jones index rose Thursday on surprise jobless claims and retail sales. Nvidia chipmaker TSMC rose on earnings.
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Key Points Nvidia stock has rallied impressively in the past three months, and trades at a premium valuation.Growth-oriented investors should consider looking past Nvidia's valuation in light of the opportunity.
Nvidia (NASDAQ: NVDA) surged 4.04% on July 15 to close at $170.70, propelling the Nasdaq Composite to a fresh record high of 20,677.80.
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Investor's Business Daily on MSNDow Jones Futures: Nvidia Chipmaker Jumps On Earnings; Ferrari Breaks Out With Netflix DueKey economic data are on tap early Thursday. The Nasdaq hit a record close Wednesday as stocks ultimately shrugged off a Trump-Powell report.
Nvidia owns a 7% stake in CoreWeave, and made it possible for the young company to be the first to launch its latest GPUs. In February, CoreWeave became the first hyperscaler to make Nvidia's new Blackwell architecture broadly available -- and it just did the same recently with the latest iteration, Blackwell Ultra.