NVIDIA Corp. (Nasdaq: NVDA) showed a small but positive movement before the market opened on April 11. The stock increased by $ 0.52, or 0.48% reach $ 108.09 in trading before the market. This slight gain followed a fairly stable session on April 10, where the action closed at $ 107.57. Flat performance reflected broader uncertainty on the technology market, many investors avoiding large movements while waiting for important updates.
April 10 commercial summary
Nvidia opened the day About $ 108 And reached a summit of around $ 109.50 before diving at a hollow nearly $ 104.20. At the end of the session, he closed at $ 107.57. The company’s current market capitalization amounts to 2.62 dollars and its P / E ratio is 36.61. Dividend yield remains low at 0.037%, which is not surprising for a strong growth technological title. In the past 52 weeks, the NVIDIA share price has varied between $ 75.61 and $ 153.13. April 10 experienced stock Certain early swings, but then settled in a tighter range which suggests that traders are cautious before future revenues and new macroeconomics.
What feeds optimism before the market?
There are a few reasons behind Nvidia’s early force on April 11. First, investors remain optimistic about the continuous expenditure of AI, in particular in large companies and the government sectors. This positive feeling helps technological actions to remain afloat, even when the wider market is mixed. Second, there is growing confidence in Nvidia’s first quarter revenues, expected later this month. Many believe that the results could beat expectations. In addition, there is a high demand for GPU which seems to resist despite concerns elsewhere in the world of technology. Finally, investors hope that large companies like Amazon and Microsoft could soon upgrade their data centers, which would be a boost for the activities of the Nvidia data center.
Will the NVDA maintain the advantage?
Analysts are still optimistic about Nvidia’s potential in the coming weeks. The company should benefit from the continuous expansion of AI infrastructure worldwide. Its GPUs are now used in more industries, health care and automotive and research. If Nvidia provides solid advice in its next profits, the call, the action could see more. However, it is important to note that its 36.61 P / E ratio indicates that the stock is already assessed for high performance. This makes it more vulnerable to any disappointment of the benefits or to negative economic news that could quickly reduce the price.
The concentration zones of upcoming investors
Investors will look closely several key areas in the future. These include the future results of the results of the first quarter, in particular the way in which income is divided between the basic segments of Nvidia, the games and the automobile of Nvidia. The general management of Nasdaq and how it influences technological dynamics also imported. Another factor of interest and bond rate is another factor, as they tend to have an impact on high growth actions like NVIDIA more directly. Finally, any new on the world of flea supply chain could also affect the feeling of investors in the coming weeks.
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