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Nasdaq Surges Over 100 Points; Nvidia Posts Upbeat Q1 Results
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.43% to 39,500.41 while the NASDAQ rose 0.80% to 16,936.60. The S&P 500 also rose, gaining, 0.29% to 5,322.53.
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Leading and Lagging SectorsInformation technology shares rose by 1.7% on Thursday.
In trading on Thursday, utilities shares fell by 0.5%.
Top Headline
NVIDIA Corporation (NASDAQ:NVDA) reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter.
The company announced a 10-for-1 stock split and raised its quarterly dividend by 150%.
Equities Trading UP
OneMedNet Corporation (NASDAQ:ONMD) shares shot up 150% to $1.20 after the company reported a greater than five-fold expansion of its proprietary iRWD™ network and platform.
Shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) got a boost, surging 107% to $0.2720 after jumping ...