7 minutes ago
Nvidia is on the rise: When should we decide to take our chips off the table?
Big tech companies, including artificial intelligence darling Nvidia, are driving the rally, and its strong performance is raising questions about whether it’s time to sell some of your holdings.
But rebalancing your portfolio involves more than simply selling positions that have skyrocketed in value, says Blair Duquesnay, a certified financial planner and investment adviser at Ritholtz Wealth Management in New Orleans.
See the chart…
Nvidia’s financial results for 2024
Instead, you can undistort your portfolio by cutting some of your winning positions and reallocating the gains to other asset classes.
Let’s start here.
—Darla Mercado
7 minutes ago
Stocks that moved the most in extended trading
A Lululemon sign is seen at a shopping mall in San Diego, California on November 23, 2022.
Mike Blake | Reuters
Some stocks are showing notable moves in long-term trading
Lululemon Athletica — The athleisure company reported first-quarter results that beat Wall Street expectations for sales and profit, sending its shares up about 9%.
Five Below — Shares fell 15% after the discount retailer issued a disappointing outlook for second-quarter earnings.
See the complete list here.
—Darla Mercado, Samantha Sabin
2 hours ago
Stock futures little changed
Equity futures opened little changed Wednesday evening.
S&P 500 futures were flat, while Nasdaq 100 futures rose 0.05%. Dow Jones Industrial Average futures fell 10 points.
Samantha Sabin
