In the habitually money-losing marijuana industry, new stock issues are a way of life for companies constantly hungry for fresh capital. Case in point: On Tuesday, Aurora Cannabis (NASDAQ: ACB) declined 5%-plus after it announced the closing of its latest issue. Aurora said that morning that it has raised gross proceeds of roughly $172.5 million from the issue, which technically isn't a stock flotation. Read More...
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If You Invested $10,000 in Nvidia 10 Years Ago, This Is How Much You Would Have Today
As an established leader in the technology sector, Nvidia (NASDAQ: NVDA) has a long history of strong business results in producing the computer chips that power our digital world. Let’s dig into Nvidia’s recent earnings results to see what has led this business to the outsized results it has provided its long-term shareholders. Since its beginning as a producer of PC graphics cards, Nvidia has grown its business to include several areas of chip production, powering many different markets, including scientific computing, artificial intelligence (AI), data science, autonomous vehicles, robotics, augmented reality (AR), and virtual reality (VR).
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