Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-05-31T01:03:00.000Z
Nvidia(NVDA) stock is up about 15.44% year to date, at the time of writing, Friday afternoon, May 29. Meanwhile, the SPDRS&P 500index (SPY) is up about 11.06% in the same period. While the stock has outpaced the S&P 500, its growth is lagging that of other semiconductor companies that are part of theAIboom. Advanced Micro Devices (AMD) is up 140.23%. When we see the big gains achieved by some of these companies, especially Intel, things start to look strange. Intel reporteda GAAP net loss of $3.73 billion, yet it has rallied like crazy. Meanwhile, Nvidia reportedvery strong earningsand announced a big dividend increase, yet it dropped. There are two reasons holding the stock back. It is already held by mostinstitutional investors. The other reason might be the upcoming big IPOs ofSpaceX, O
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.