WEEKLY OUTLOOK - NVIDIA stocks surge 165% in 2023; chipmaker dominates AI
Last Week's Risers & Fallers:
📶 Nasdaq – The Nasdaq increased 2.19% on Friday, reaching a daily high of 13,0001.91 before closing at 12,975.69. The increase in the US debt ceiling was a booster for stocks on Friday.
📶Crude Oil – Crude oil increased 1.45% on Friday, reaching a daily high and low of $73.05 and $71.49, respectively. Crude oil was trading at $72.87 at the close.
📶Tesla Inc. (NASDAQ: TSLA) – Tesla’s stock price increased 4.72% on Friday. T Tesla has been on a bullish wave this month, gaining 17.56% month to date. The stock is trading at $193.17.
📶Nvidia Corp. (NASDAQ: NVDA) – It’s been a good month for technology stocks; Nvidia gained 2.54% on Friday. Furthermore, the stock gained 40.35% during the last month. The stock is trading at $389.46 per share.
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