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Nvidia stockInvestor's Business Daily
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Nvidia stock surged more than 7% Thursday morning after the AI giant beat Wall Street's targets for its fiscal first quarter and guided higher than views for the current period.
The Labor Department's weekly jobless claims fell to 215,000 vs. 222,000 in the previous week .
On Wednesday , the Dow Jones Industrial Average moved down 0.5% and the S&P 500 dropped 0.3% ..
Shares are forming a cup base that has a 199.62 buy point, but keep an eye out for a potential handle to offer a lower entry. The stock was up a fraction Thursday morning . Microsoft shares moved up 0.3% Wednesday , briefly topping a flat base's 430.82 buy point. Early Thursday , Microsoft stock rose 0.9% . Be sure to follow Scott Lehtonen on X, formerly known as Twitter , at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today . YOU MAY ALSO LIKE:.
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