Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
Nvidia CEO Jensen Huang on Wednesday claimed Tesla's autonomous driving efforts are ahead of the competition.
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast showed that AI computing spending remains strong.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Denies Degrees to 13 Protesters, Defies Faculty VoteThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup