Nvidia (NASDAQ: NVDA) stock and Bitcoin (CRYPTO: BTC) are completely different assets, but they have one thing in common: They are the top dogs in their respective markets. Nvidia has a market capitalization of $3.
Nvidia (NVDA) shares are rising Tuesday morning after CEO Jensen Huang made a slew of product announcements in his CES keynote, including new gaming chips and advanced technologies for programming humanoid robots and self-driving cars.
The Dow Jones and S&P 500 were in mostly negative territory after reversing lower Tuesday morning. Nvidia was a big loser.
Miners may refrain from selling their Bitcoin for several reasons, including anticipation of further price appreciation for BTC or strengthening their balance sheets. If they’re really following MicroStrategy’s playbook, a BTC treasury may also be used to hedge against currency devaluation.
This year, however, AI tokens have shown their fragility. NEAR is down by more than 8% in the past 24 hours while FET slumped nearly 9%. NVDA in contrast began the year trading at $133 and rose by 15% to $153 on Monday as the conference began.
XRP the popular altcoin that is used to facilitate and settle payments on the Ripple platform, rose 2.6% to $2.45. Cryptos have rallied across the board since November on hopes that the incoming Trump administration will further boost the digital coins.
Driven by a larger bump across risk markets, Bitcoin recovered the $100,000 threshold on Monday and rose 4.2% to $101,700 as of lunchtime. With an 8% year-to-date gain, the top cr
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity consumption as AI, electrification and decarbonization drive demand. The Energy Information Agency predicts that global electricity use could rise as much as 75% by 2050.
MicroStrategy's gain is almost double that of Nvidia (NVDA), the chipmaker whose production of integrated circuits needed for AI applications fueled a 185% return, the best among the so-called magnificent seven tech stocks. The next best, Meta Platforms (META), turned in 71%.
Nvidia (NVDA) is kicking off 2025 like it owns the year already. Shares are up almost 6% just two trading days into January, with the stock sitting at $143.78
It’s the first trading day of 2025, and the stock market has blasted in with speculative energy that could light up Manhattan. MicroStrategy, Robinhood, GameStop, and Nvidia are the top gainers.
Here's what to expect from the stock market, along with some of Wall Street's hottest trends and most influential businesses, in the new year.