Nvidia stock soars 10% after strong AMD results, bullish call from Morgan Stanley

Morgan Stanley News

Nvidia stock soars 10% after strong AMD results, bullish call from Morgan Stanley
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Nvidia shares were soaring as tech stocks led markets higher following strong results from AMD and a positive note from analysts at Morgan Stanley.

quelled some concerns that AI trade may have run its course as investors rotated out of Big Tech over the past month, as the company beat expectations on the top and bottom line and posted a better than expected outlook for the third quarter.Nvidia stock was also boosted on Wednesday by a note out from Morgan Stanley analysts led by Joseph Moore, who moved the stock to a 'Top Pick' after shares after a recent pullback from record highs reached in June.

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With the 2024 Paris Olympics in full swing, sports fans have their pick of events to watch. But if you're less about tumbling and more about thrillers, M. Night Shymalan's "Trap" is in theaters.The Global Frozen Seafood Market Size was Valued at USD 36.89 Billion in 2023 and the Worldwide Frozen Seafood Market Size is Expected to Reach USD 57.67 Billion by 2033, according to a research report published by Spherical Insights & Consulting.

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