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Name | Symbol | Market | Type |
---|---|---|---|
Nvidia CDR | NEO:NVDA | NEO | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.34 | 4.82% | 29.12 | 28.75 | 29.15 | 29.17 | 28.23 | 28.25 | 1,272,811 | 23:50:20 |
By Benjamin Pimentel
Technology stocks jumped early Friday on upbeat news from three major players, led by Dell Inc. shares of which rose sharply after posting better-than-expected results.
Dell (DELL) was up more than 6% in early trading a day after the computing giant's quarterly results.
The chip sector also provided the rally a boost as shares of Marvell Technology (MRVL) traded up more than 6% after the semiconductor maker late Thursday issued a sales forecast that exceeded Wall Street projections.
Intel Corp. (INTC) completed the tech triple play early Friday when the chip behemoth raised its third-quarter sales outlook citing stronger-than-expected demand. Intel was up 4.5%.
The upbeat reports from the two chipmakers also lifted other semiconductor makers as the Philadelphia Semiconductor Index (SOX) gained more than 3%, as other big microprocessor makers advanced, including Advanced Micro Devices (AMD), Nvidia Corp. (NVDA) and Texas Instruments (TXN).
The barrage of positive reports set the stage for a positive open for the Nasdaq Composite Index (RIXF) as the tech-heavy benchmark quickly gained about 1% to 2,048. The Nasdaq also was on track to close the week in the green.
The Morgan Stanley High Tech 35 Index (MSH) was also up 1.6%, as major tech companies posted gains, including Hewlett-Packard (HPQ), Oracle Corp. (ORCL) and Apple Inc. (AAPL).
1 Year Nvidia CDR Chart |
1 Month Nvidia CDR Chart |
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