Katie Melua once sang about the nine million bicycles in Beijing. Perhaps her next ballad should be about the 200 million automobiles in China. What is even more remarkable is that the number of cars in China is growing at around 10% a year. Just recently, China reported, what some considered were, disappointing economic numbers.
This marks the largest stock split to date for the chipmaker.
According to a report, President Biden’s proposed 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to an astonishing 44.6%.
Nvidia announces a big dividend hike and 10-for-1 stock split with its earnings report on Wednesday.
This company provides a convenient solution that helps consumers and businesses save time and money.
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Nvidia is no longer the only game in town when it comes to artificial intelligence (AI) chips.
Betting on megacap growth has been a winning strategy.
“I used my 401(k) for life expenses because doctors found a parasite behind my husband’s eye.”
Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: + **Why is Nvidia splitting its stock?** The company said it wants to "make stock ownership more accessible to employees and investors." A split lowers the per-share price of a stock, theoretically putting it in reach for more small investors (though nowadays, brokers offer fractional share trading, meaning this isn't a big obstacle.) It is also marginally good news for bigger investors, who tend to prefer dealing in round lots of 100 shares at a time.