The battle over Tesla CEO Elon Musk’s pay package landed a supporter to the mercurial CEO’s cause: billionaire investor Ron Baron.
Ultimately, earnings drive share prices. Only two Magnificent Seven stocks, and a third megacap, meet this triple-25% growth standard.
Nvidia stock was up 4% Wednesday afternoon as it continued to benefit from expectations for its next generation of artificial-itelligence chips. Both Tesla and Hewlett Packard Enterprise executives called out the chip maker as the dominant supplier in the AI boom. Nvidia stock has set record closing highs in recent days after CEO Jensen Huang announced plans for the Blackwell Ultra chip in 2025 and a next-generation Rubin platform for 2026 over the weekend.