NVDA — NVIDIA Corporation - Common Stock
Session close: $173.73. Regular-session share volume: 219,173,614. Change from previous close: +2.87%.
Key developments
Nvidia shares rebounded sharply, leading the Dow, even after Baird cut the stock to Neutral and slashed its price target, citing fallout from CEO Jensen Huang's admitted affair. The board has begun an independent investigation after reports Huang was targeted by a foreign intelligence operation, saying it has no reason to believe secrets were compromised; the allegations remain under review. Analysts framed the CEO situation as an overhang that could overshadow the upcoming quarterly report.
Company news Nasdaq 100 Jumps 2.8% as CoreWeave, Nvidia Climb: Stock Market Today · Company news Nvidia’s Earnings Day Is ‘Earnings Day for Your 401(k).’ Here’s Why · Company mentioned — Mentions NVDA in the article text. EXCLUSIVE: Jensen Huang Drama Puts Q3 Financials on Backburner, Expert Says ‘No One Cares About Their Record Revenues’
The rally was tied to CoreWeave's strong results, which revived the broader AI trade and lifted chipmakers. Nvidia is scheduled to report fiscal third-quarter results, with investors watching AI-computing and data-center demand. One commentator argued the stock looks oversold and that buyers may step in ahead of earnings, while another flagged risk that illicit China sales could drop amid scrutiny and that a CEO departure could hit shares.
Company news Nasdaq 100 Jumps 2.8% as CoreWeave, Nvidia Climb: Stock Market Today · Company news Nvidia’s Earnings Day Is ‘Earnings Day for Your 401(k).’ Here’s Why · Company news Is CoreWeave's Rally Durable? Nvidia Stock Can Fall 25% If Huang Leaves
News sources
Company news Nvidia’s Earnings Day Is ‘Earnings Day for Your 401(k).’ Here’s Why · Company news James Altucher Posts On X "My first patent, on a critical piece of infrastructure to make $NVDA GPUs faster. All credit to the amazing optical engineers at $FABC and $KOPN who let me put my name on it." · Company news Is CoreWeave's Rally Durable? Nvidia Stock Can Fall 25% If Huang Leaves · Company news Nasdaq 100 Jumps 2.8% as CoreWeave, Nvidia Climb: Stock Market Today