Analysis of Tesla and NVIDIA stocks after Trump’s victory
The post Analysis of Tesla and NVIDIA stocks after Trump’s victory appeared on BitcoinEthereumNews.com.
In this article, we explore the interconnection between some of the most influential figures in the world of technology and politics, with particular attention to the role of Elon Musk, Donald Trump, and the stocks of Tesla and NVIDIA. Starting from the trend of the stock market and the potential impact of Trump’s electoral victory, we analyze how this new political phase could influence the value of stocks and the growth strategies of the main American tech companies. We will also delve into the connection between Musk and NVIDIA in the context of artificial intelligence, with the possible support of the latter to xAI, Musk’s new startup. In a landscape where technological innovation and economic policy are closely intertwined, these dynamics could give a significant boost to the bull and bear of Tesla and NVIDIA, contributing to shaping the future of the tech sector in the United States. Market statistics of Tesla and Nvidia stocks Tesla (TSLA) recorded a significant growth in the stock market, with an increase in the stock price of +3.54%, closing the day at 251.44 USD. The day started with an opening price of 247.34 USD and saw a maximum peak of 255.28 USD, while the minimum value reached was 246.21 USD. The market capitalization of the company has reached an impressive value of 787.88 billion dollars, confirming Tesla as one of the most influential and capitalized companies in the technology and automotive sector. Despite a rather high price/earnings (P/E) ratio of 68.94, which reflects investors’ growth expectations, the company does not currently offer dividends. In the context of the last year, the stock has fluctuated between a low of 138.80 USD and a high of 273.54 USD, demonstrating notable volatility. Tesla therefore continues to attract the attention of investors, balancing high expectations and a strong…
Filed under: News - @ November 6, 2024 5:25 pm