News
Here’s How Much Money You Missed Out on If You Didn’t Buy 100 Shares of Nvidia This Year
The Nvidia Corporation (NVDA) has experienced major growth over the past year.
The tech company was founded in 1993 by Jensen Huang, Chris Malachowsky and Curtis Priem. The idea was that they wanted to push the boundaries of computer graphics technology. The company initially focused on 3D graphics processing units for the PC market, but Nvidia’s big breakthrough came in 1999 with the release of the GeForce 256. This chip was marketed as the world’s first “GPU” (graphics processing unit), a term Nvidia coined. It was seen as a major innovation in 3D graphics in PC gaming – and set the company on its way to major success.
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More recently, Nvidia’s performance is driven by its dominance in the artificial intelligence (AI) market. The company’s GPUs have become big in the world of training and running large AI models. This surge in demand for AI-capable hardware, coupled with Nvidia’s technological lead in this space, has majorly boosted its revenue and stock value.
For investors who hesitated to invest in this tech giant, it was, to put it frankly, a loss. Let’s figure out just how much potential returns an investor might have missed by not purchasing 100 shares of Nvidia one year ago.
Earning passive income doesn’t need to be difficult. You can start this week.
Nvidia’s Stock Growth Over the Past Year
According to the data, as GOBankingRates sourced from Finbox, Nvidia’s one-year price total return stands at an impressive 160.6%. This takes into account not only the change in stock price but also adjusts for any dividends and stock splits that may have occurred during this period.
To calculate the potential missed opportunity, we need to look at Nvidia’s stock price from a year ago. The data shows that the adjusted prior close price was $43.51. Given that price, here’s how the investment would have played out:
So, a $4,351 investment in 100 shares of Nvidia a year ago would be worth $11,338.71 today, which is an incredible gain of $6,987.71.
Nvidia Compared to Its Competitors
To put this performance in context, we can compare Nvidia’s returns to some of its peers:
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Intel Corp. (INTC): -41.9%
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Qualcomm Inc. (QCOM): 55.2%
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Broadcom Inc. (AVGO): 93.7%
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Marvell Technology Inc. (MRVL): 32.8%
Nvidia’s year-over-year stock price return of more than 160% easily beats this group of peer companies, as well as many others on the market.
Editor’s note: Returns were calculated as of Sept. 19, 2024, and are accurate as of this date.
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This article originally appeared on GOBankingRates.com: Here’s How Much Money You Missed Out on If You Didn’t Buy 100 Shares of Nvidia This Year
News
Israeli forces raid Al Jazeera office in occupied West Bank
Israeli forces have raided the offices of news broadcaster Al Jazeera in Ramallah, in the occupied West Bank, and ordered it to close for an initial period of 45 days.
Armed and masked Israeli soldiers entered the building early on Sunday during a live broadcast.
Viewers watched as the troops handed the closure order to the network’s West Bank bureau chief Walid al-Omari who read it out live on air.
Israel raided Al Jazeera’s offices in Nazareth and occupied East Jerusalem in May having described the Qatar-based broadcaster as a threat to national security.
“Targeting journalists this way always aims to erase the truth and prevent people from hearing the truth,” Omari said in comments reported by his employer.
The soldiers confiscated the last microphone and camera off the street outside and forced Omari out of the office, Al Jazeera journalist Mohammad Alsaafin said.
Posting about the raid on social media, Alsaafin said the troops also pulled down a poster of Shireen Abu Aqla – an Al Jazeera reporter who was killed while covering a raid by Israeli forces in the West Bank.
The network and witnesses at the time said the Palestinian-American reporter was shot by Israeli forces. Israel initially argued she had been shot by a Palestinian, however months later concluded there was a “high probability” that one of its soldiers killed her.
Relations between the Qatari-owned broadcaster and the Israeli government have long been tense but have worsened dramatically following the outbreak of war in Gaza.
With foreign journalists banned from entering the strip, Al Jazeera staff based in the area have been some of the only reporters able to cover the war on the ground.
Israel has repeatedly branded the network a terrorist mouthpiece, an accusation Al Jazeera has denied.
In April, the Israeli parliament passed a law giving the government power to temporarily close foreign broadcasters considered a threat to national security during the war.
A ban would be in place for a period of 45 days at a time, as seen in Sunday’s raid, and can be renewed.
In early May, the Al Jazeera offices in Nazareth and occupied East Jerusalem were subject to separate raids.
Israel is yet to comment on Sunday’s operation.
News
Friends in their 80s complete five-storey abseil
Two friends, aged 80 and 82, have abseiled down a five-storey building to raise money for a chemotherapy day centre.
Angela Turner and Joan Woodhouse descended a ward block at the Royal Shrewsbury Hospital on Saturday.
The pair volunteer at the centre, providing a listening ear for those going through chemotherapy, as well as their families, and making drinks and food for the patients.
After completing the abseil, Ms Woodhouse said she had found it “quite easy”.
She previously had treatment at the hospital, after being diagnosed with breast cancer in 2015.
She began volunteering at the centre six and a half years ago.
Ms Woodhouse said she was “so pleased” to have completed the abseil.
“It’s been coming on for three months now so just to do it is great,” she said.
“When I was stepping off, I thought we’ve raised so much money this is such a good thing to be doing.”
Ms Turner felt a connection to the centre, having watched her husband, two of her sisters and her daughter go through cancer.
After completing the challenge, she said: “It’s a very slippy surface, it was quite difficult to keep your feet in contact with the wall.”
“It’s all for a fantastic reason that we’ve done it,” she added.
News
Swansea clothes designer in new ITV show
A clothing designer born with one forearm says his disability has inspired his passion for accessible fashion.
Ryan Rix, from Swansea, grew up as one of six siblings and says the clothes available to him made him feel like he was having to hide himself.
So he decided to learn how to craft and adapt his own clothes, and now designs pieces that cater for others with physical disabilities.
The 22-year-old is taking part in a new ITV show in which designers compete against one another for a role with high street brand Marks & Spencer.
“I was born without my left forearm and, growing up, when I would try and find clothes, there weren’t things that I felt comfortable in, I felt like I was hiding myself,” he said.
“I needed things that were more functional and adaptable. The biggest example is jackets.
“I never buy something that is full sleeves or at least sleeves that I can’t pull up or alter.”
He said he designed jackets with zippers on the sleeves so they could be left on or removed.
“So I can wear it, but if my twin brother wanted to wear it he could too,” Ryan added.
He said he went shopping for a blazer before a recent event in London and, despite finding one he loved, “it just didn’t feel right”.
“My left arm was completely covered and I didn’t feel like myself,” he said.
“I felt like I was hiding, and that’s something I would never do. So I adapted it, and I felt 1,000% happier.
“It’s about dignity, and respect for yourself.”
Other techniques he uses frequently include avoiding buttons and using velcro and poppers, so people with disabilities can dress themselves more easily.
Ryan said: “It’s all about functionality, but still being very fashionable.
“That’s the challenge. A lot of things you see on the runway these days are very high fashion, but sometimes not the most wearable.”
Ryan described his own style as “simple and comfortable” but stressed this did not mean he did not care about being fashionable.
“A lot of people think if you work in fashion you have to be really out there,” he said, adding he felt society was yet to “grasp accessibility”.
“The world has come so far in terms of inclusivity, in gender, in race, it’s absolutely fantastic. But I still feel people like me are the last thought, still left behind,” Ryan said.
He added that a few brands had begun to tap into the accessible clothing sphere, but added: “I just don’t think they realise there is a true market for this, and some have been designed by people who aren’t in that space.
“Whereas I know first hand exactly what I need. I grew up around and in artificial limbs clinics so I have seen the struggle.
“I didn’t grow up with a background of wealth, so doing everything myself has been a challenge but I’ve made it work.”
He added: “My grandad, towards the end of his life, had no legs and I would see how my nan would struggle to dress him.”
Inspired by his own experiences, Ryan studied fashion design and construction at Gower College and Carmarthen School of Art.
Ryan said: “As I grew up, I started to care a lot more about how I dressed… I decided to do my degree in fashion design, and I’ve been making my own clothes ever since.”
He said he created “pieces that still aren’t out there on the market”, with the bulk of his work being commissions and bespoke orders as well as alterations.
“I get emails daily from people who have maybe lost a limb and they just want advice,” he said.
As well as designing and making clothes, Ryan works as a social media content creator, and said it was someone online who brought the ITV show opportunity to his attention.
“I got a phonecall for an audition, and the next thing I knew I was in London filming,” he said.
“It was so quick and bizarre how it happened, but it’s been the best experience I’ve had in the fashion industry so far.”
M&S: Dress the Nation sees 10 designers compete with one another in a series of challenges, with the first episode airing on 17 September.
Ryan said the highlight of the show was meeting other designers and feeling able to be himself, adding: “We’re really close as contestants, we have a group chat and we talk everyday.
“We definitely all inspired each other.”
Looking to the future, Ryan hopes to gain experience with brands, but ultimately showcase his clothing under his own name, and help others to “catch on” to the need for adaptable clothing.
He added: “In Swansea, it’s such a small place, a lot of people didn’t understand, still don’t understand what I’m doing.
“I would like to bring more of an eye to Wales in terms of fashion, because it’s all in London.”
News
Plane forced to make emergency landing after MOUSE leapt from passenger’s meal
A PLANE was forced into an emergency landing after a live mouse leapt from a passenger’s in-flight meal.
The aircraft was diverted for “safety reasons” in case the renegade rodent chewed through wires and caused a failure or fire, the airline said.
Passenger Jarle Borrestad wrote online: “A lady next to me opened the food and out jumped a mouse.”
He said nobody panicked, but admitted he tucked his trousers in his socks in case the nefarious nibbler ran up his leg.
The Scandinavian Airlines flight from Norwegian capital Oslo to Spanish holiday destination Malaga was diverted to Copenhagen, Denmark, on Wednesday.
Passengers swapped to another jet.
The airline said: “This is something that happens extremely rarely.
“We have established procedures for such situations, which also include a review with our suppliers to ensure this does not happen again.”
In 2017, a BA Heathrow to San Francisco flight was delayed for four hours after a mouse was seen.
After a four-hour delay, a replacement aircraft was found.
It is thought to have cost BA about £250,000.
News
BBC Strictly fans ask 'was that a kiss' as Pete Wicks and Jowita get very close
TOWIE star Pete Wicks and his professional partner Jowita Przystal had a very close connection during their first dance on Strictly Come Dancing and viewers were left wondering if they shared a kiss
News
Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports
(Reuters) – Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday.
The airline is considering making changes to its flight routes and schedules to increase revenue, the report added, citing the transcript of a video message to employees by Chief Operating Officer Andrew Watterson.
“I apologize in advance if you as an individual are affected by it,” Watterson said, according to the report, adding that he didn’t offer any details on the pending moves.
Southwest did not immediately respond to a Reuters request for comment.
The airline has been struggling to find its footing after the COVID-19 pandemic, in part due to Boeing’s aircraft delivery delays and industry-wide overcapacity in the domestic market.
It plans to offer assigned and extra-legroom seats to attract premium travelers and start overnight flights. It will present the details to investors on Sept. 26.
Earlier this week, Reuters reported that Elliott, which owns 10% of Southwest’s common shares, told one of the company’s top unions it still wants to replace CEO Robert Jordan, even after the carrier pledged to shake up its board.
(Reporting by Surbhi Misra in Bengaluru; Editing by Paul Simao)
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