
Nvidia $NVDA, the semiconductor giant, has seen its shares rally almost 80% in a record 10-week win streak, ending Friday with significant gains. The company, now the world’s third-largest by market value, has attracted attention from the #YOLO trading crowd, with Nvidia calls with a 1,940 strike actively bought. Despite the recent success, there are predictions of a potential -10% day for Nvidia. Over the last decade, Nvidia has averaged a 1% gain every week, showcasing its long-term growth trajectory. The stock, which is trading for almost $885, has gained 79% so far in 2024.

#Nvidia, the world’s third-largest company by market value, is becoming a casino for the #YOLO trading crowd. Nvidia calls with a 1,940 strike were actively bought Monday. Stock is trading for almost $885, gained 79% so far in 2024 https://t.co/TRVSK2yWDX https://t.co/QOdlBoGlLa
Nvidia has gained an average of 1% every week for the last 10 years. $NVDA
$NVDA might be a -10% day tomorrow