- Semiconductors:
- Fell 4.7%
- Biggest contributors: Nvidia (-4.1%), Broadcom (-10.4%), AMD (-3.7%)
- Software:
- Fell 1.4%
- Biggest contributors: Microsoft (-1.6%), Palo Alto Networks (-2.3%), CrowdStrike (-3.9%)
- Tech Hardware & Equipment:
- Fell 1.0%
- Biggest contributors: Apple (-0.7%), Arista Networks (-4.3%), Cisco (-1.3%), Super Micro Computer (-6.8%)
- Consumer Discretionary:
- Fell 2.8%
- Biggest contributors: Tesla (-8.4%), General Motors (-2.1%), Ford (-1.8%)
- Communication Services:
- Fell 2.9%
- Biggest contributors: Alphabet (-4.0%), Meta Platforms (-3.2%), Netflix (-2.6%)
- Financials:
- Fell 1.6%
- Biggest contributors: JPMorgan (-2.4%), Wells Fargo (-5.0%), Bank of America (-3.4%)
- Industrials:
- Fell 1.1%
- Biggest contributors: Uber (-2.3%), CSX (-1.9%), Union Pacific (-0.8%)
- Health Care:
- Fell 0.4%
- Biggest contributors: Eli Lilly (-1.1%), Bristol Myers (-2.2%), Merck & Co (-0.6%)
- Energy:
- Fell 1.2%
- Biggest contributors: SLB (-1.5%), Halliburton (-1.7%), Baker Hughes (-0.5%)
- Materials:
- Fell 1.4%
- Biggest contributors: Linde (-1.9%), Air Products (-1.8%), DuPont (-2.8%), Albemarle (-6.9%)
- Utilities:
- Fell 0.9%
- Biggest contributors: Southern Co (-1.2%), PG&E (-2.5%), Constellation Energy (-1.7%)
- Consumer Staples:
- Fell 0.3%
- Biggest contributors: PepsiCo (-1.1%), Altria (-1.1%), Archer-Daniels-Midland (-1.0%)
- Real Estate:
- Little changed
- Biggest contributors: American Tower (+1.1%), Crown Castle (+2.0%), Public Storage (+1.3%)
NVIDIA Corp on Smartkarma
Analysts on Smartkarma are closely monitoring NVIDIA Corp, providing insights and research on the company’s performance. The Circuit‘s analysis delves into the impact of mispronunciations of NVIDIA on investor sentiment, the stock’s volatility post-earnings, and the influence of buy-side expectations. Meanwhile, Brian Freitas takes a bearish stance, highlighting potential trade movements around Select Sector Indices affecting major tech companies like NVIDIA. On the bullish side, William Keating raises concerns about NVIDIA’s exceptional revenue growth in Singapore, while Uttkarsh Kohli applauds the company’s record-breaking Q2 results and $50 billion buyback plan despite a subsequent 8% stock dip.
With analysts like Jesus Rodriguez Aguilar emphasizing the significance of NVIDIA’s upcoming second-quarter results, the stock’s performance remains a focal point as it has already surged 155% year-to-date. The diverse opinions and insights from these analysts reflect the complexity and excitement surrounding NVIDIA’s trajectory in the market.
A look at NVIDIA Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, NVIDIA Corp shows a promising long-term outlook. With a solid Growth score of 5 and Momentum score of 5, the company seems to be poised for continued expansion and market traction. This indicates strong potential for increasing market presence and capturing further growth opportunities.
While the Value and Dividend scores are moderate at 2, the Resilience score of 4 suggests that NVIDIA Corp is robust and able to weather potential downturns. Overall, with a focus on innovation and strong growth prospects, NVIDIA Corp appears well-positioned for long-term success in the evolving tech industry.
Summary of the description of the company: NVIDIA Corporation designs, develops, and markets three-dimensional (3D) graphics processors and related software. The company’s products provide interactive 3D graphics to the mainstream personal computer market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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