CNBC Daily Open: Nvidia shares top $1,000 on AI boom
Publishing timestamp: 2024-05-22 21:38:42
Summary
Nvidia's stock rose after beating earnings expectations and announcing a stock split, while Wall Street sank on inflation fears. Amazon plans to upgrade Alexa with AI, Buzzfeed shares rose after Vivek Ramaswamy bought a stake, and hedge funds are investing in under-the-radar AI plays. Nvidia's CEO sees the company at the forefront of the AI revolution, with expectations of significant growth in the coming years.
Sentiment: MIXED
Keywords: inflation, prices, banks, gamestop corp, stoxx 600, world markets, nvidia corp, technology, consumer prices, markets, breaking news: technology, breaking news: markets, united states, business news,
Source: https://www.cnbc.com/2024/05/23/cnbc-daily-open-nvidia-shares-top-1000-on-ai-boom.html