Nvidia (NASDAQ: NVDA) stock is jumping Thursday following the Federal Reserve's recent interest rate cut. The company's share price was up 4.9% as of 3 p.m. ET.
The Fed announced yesterday that it would be cutting interest rates by 50 basis points — coming in higher than the 25-basis-point cut that many investors and analysts had anticipated. While the initial reaction to the rate cut didn't spur gains for the broader market, investors quickly became more bullish after weighing the […]
Nvidia Stock Is Surging Today — Time to Invest in the Artificial Intelligence (AI) Leader?