The Dow Jones rose Monday as Wall Street looked to extend recent gains. Nvidia stock rallied on the stock market today on a buy rating.
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Nvidia stock was edging up early Monday and there’s reason to think the gains can continue into its earnings next week, according to Jefferies analysts. Nvidia shares were up 0.8% at $905.71 in premarket trading. Nvidia stock has broadly drifted in a range of $850 to $950 since late March, as it approaches its earnings report on May 22.