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NYT Strands today — hints, spangram and answers for game #284 (Thursday, December 12 2024)EVANSVILLE, Ind. (AP) — Tayshawn Comer scored 18 points as Evansville beat Campbell 66-53 on Sunday night. Comer had six rebounds and six assists for the Purple Aces (3-4). Cameron Haffner scored 16 points and added six rebounds. Gabriel Pozzato shot 3 for 5, including 2 for 3 from beyond the arc to finish with 10 points. Jasin Sinani led the way for the Fighting Camels (3-4) with 22 points. Colby Duggan added 11 points and Nolan Dorsey totaled eight points, seven rebounds and four steals. Evansville took the lead with 1:45 left in the first half and never looked back. The score was 34-28 at halftime, with Haffner racking up eight points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Los Angeles Lakers @ Phoenix Suns Current Records: Los Angeles 10-6, Phoenix 9-7 When: Tuesday, November 26, 2024 at 10 p.m. ET Where: Footprint Center -- Phoenix, Arizona TV: TNT Follow: CBS Sports App Online Streaming: Catch select NBA matches on Fubo (Try for free. Regional restrictions may apply.) Ticket Cost: $20.00 The Phoenix Suns will take on the Los Angeles Lakers at 10:00 p.m. ET on Tuesday at Footprint Center after having had a few days off. The Suns are limping into the contest on a five-game losing streak. Last Wednesday, the Suns lost to the Knicks at home by a decisive 138-122 margin. The loss doesn't tell the whole story though, as several players had good games. One of the most active was Devin Booker, who posted 33 points along with five assists. His performance made up for a slower match against the Magic last Monday. Even though they lost, the Suns were working as a unit and finished the game with 30 assists. That strong performance was nothing new for the team: they've now posted at least 25 assists in three consecutive matchups. Meanwhile, the point spread may have favored the Lakers last Saturday, but the final result did not. Their bruising 127-102 defeat to the Nuggets might stick with them for a while. The game marked Los Angeles' lowest-scoring contest so far this season. Phoenix's loss dropped their record down to 9-7. As for Los Angeles, this is the second loss in a row for them and nudges their season record down to 10-6. Looking ahead, the Suns are the favorite in this one, as the experts expect to see them win by three points. Bettors picking them against the spread have some confidence (to put it mildly), as the team is sitting on a three-game streak of failing to cover when playing at home. The Suns didn't have too much breathing room in their match against the Lakers in their previous meeting back in October, but they still walked away with a 109-105 victory. Will the Suns repeat their success, or do the Lakers have a better game plan this time around? We'll find out soon enough. Phoenix is a 3-point favorite against Los Angeles, according to the latest NBA odds . The oddsmakers had a good feel for the line for this one, as the game opened with the Suns as a 2-point favorite. The over/under is 234 points. See NBA picks for every single game, including this one, from SportsLine's advanced computer model. Get picks now . Los Angeles has won 6 out of their last 10 games against Phoenix. Oct 28, 2024 - Phoenix 109 vs. Los Angeles 105 Oct 25, 2024 - Los Angeles 123 vs. Phoenix 116 Feb 25, 2024 - Phoenix 123 vs. Los Angeles 113 Jan 11, 2024 - Phoenix 127 vs. Los Angeles 109 Dec 05, 2023 - Los Angeles 106 vs. Phoenix 103 Nov 10, 2023 - Los Angeles 122 vs. Phoenix 119 Oct 26, 2023 - Los Angeles 100 vs. Phoenix 95 Apr 07, 2023 - Los Angeles 121 vs. Phoenix 107 Mar 22, 2023 - Los Angeles 122 vs. Phoenix 111 Dec 19, 2022 - Phoenix 130 vs. Los Angeles 104Cowboys Fans In Shambles Despite Chaotic Win Over Commanders
NoneSEATTLE , Nov. 26, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $46 million , or earnings per diluted share ("EPS") of $0.27 , and earnings before interest and taxes ("EBIT") of $83 million . Excluding a charge related to accelerated technology depreciation, the Company reported adjusted EBIT of $97 million and adjusted EPS of $0.33 .[1] For the third quarter ended November 2, 2024, net sales increased 4.6 percent versus the same period in fiscal 2023, and total Company comparable sales increased 4.0 percent. Gross merchandise value ("GMV") increased 5.3 percent. Anniversary Sale timing, with one week shifting from the third quarter to the second quarter, had a negative impact of approximately 100 basis points on net sales compared with 2023. During the quarter, Nordstrom banner net sales increased 1.3 percent and comparable sales increased 4.0 percent. Net sales for Nordstrom Rack increased 10.6 percent and comparable sales increased 3.9 percent. "The continued sales growth across the company and strong gross margin in the third quarter indicate our team's focus and efforts are working," said Erik Nordstrom , chief executive officer of Nordstrom, Inc. "Our customers have a lot of choices, and our results give us encouragement that we're on the right path. Looking ahead, we'll continue to improve our shopping experience as we strive to maintain the positive momentum we've worked towards all year." In the third quarter, women's apparel and active had double-digit growth, and shoes, men's apparel and kids were up mid to high single-digits, versus 2023. Growth in women's apparel, shoes and men's apparel accelerated sequentially from the second quarter. "Our third quarter results demonstrate that our strategic focus on curating a compelling brand assortment is resonating with customers," said Pete Nordstrom , president of Nordstrom, Inc. "Our actions throughout this year have led to this moment, and we feel well-positioned for a successful holiday season and look forward to helping our customers celebrate the moments that matter. I'm grateful to our dedicated team for consistently delivering the high level of service our customers have come to expect from Nordstrom." As previously announced, the board of directors declared a quarterly cash dividend of $0.19 per share, payable on December 18, 2024, to shareholders of record at the close of business on December 3, 2024. THIRD QUARTER 2024 SUMMARY STORES UPDATE To date in fiscal 2024, the Company has opened 23 stores: City Location Square Footage (000s) Timing of Opening Nordstrom Rack Pinole, CA Pinole Vista Crossing 23 March 7, 2024 Snellville, GA Presidential Markets 35 March 7, 2024 Kennesaw, GA Barrett Place 25 March 21, 2024 Macedonia, OH Macedonia Gateway 28 April 11, 2024 Gilroy, CA Gilroy Crossing 25 April 25, 2024 Jacksonville Beach, FL South Beach Regional 30 May 2, 2024 Queen Creek, AZ Queen Creek Marketplace 28 May 16, 2024 Elk Grove, CA The Ridge Elk Grove 25 May 30, 2024 Wheaton, IL Danada Square East 29 May 30, 2024 Oceanside, CA Pacific Coast Plaza 32 June 6, 2024 Bay Shore, NY Gardiner Manor Mall 24 June 13, 2024 San Antonio, TX Bandera Pointe 24 September 5, 2024 Franklin, TN Cool Springs Market 24 September 5, 2024 San Mateo, CA Bridgepointe Shopping Center 36 September 12, 2024 San Diego, CA Clairemont Town Square 25 September 19, 2024 Mooresville, NC Mooresville Crossing 28 September 26, 2024 Houston, TX Meyerland Plaza 34 September 26, 2024 Mason, OH Deerfield Towne Center 30 October 3, 2024 Raleigh, NC Triangle Town Place 32 October 10, 2024 Fort Myers, FL Bell Tower 31 October 17, 2024 Noblesville, IN Hamilton Town Center 25 October 17, 2024 Omaha, NE Village Pointe 30 October 24, 2024 Tarzana, CA Village Walk 25 November 1, 2024 The Company has also announced plans to open the following stores: City Location Square Footage (000s) Timing of Opening Nordstrom Rack Davis, CA The Davis Collection 25 Spring 2025 Matthews, NC Sycamore Commons 25 Spring 2025 Geneva, IL Randall Square 25 Spring 2025 Manalapan Township, NJ Manalapan Commons 26 Spring 2025 Apple Valley, MN Fischer Marketplace 30 Spring 2025 Houston, TX Westchase Shopping Center 30 Spring 2025 Morrisville, NC Park West Village 25 Spring 2025 Coral Springs, FL Pine Ridge Square 31 Fall 2025 Surprise, AZ Prasada North 26 Fall 2025 Holbrook, NY The Shops at SunVet 27 Fall 2025 Hyannis, MA The Landing at Hyannis 25 Fall 2025 Prosper, TX The Gates of Prosper 26 Fall 2025 Melbourne, FL The Avenue Viera 24 Fall 2025 Meridian, ID The Village at Meridian 25 Fall 2025 Lakeland, FL Lakeside Village 30 Fall 2025 Sarasota, FL Sarasota Pavilion 27 Spring 2026 The Company had the following store counts as of quarter-end: November 2, 2024 October 28, 2023 Nordstrom Nordstrom 93 93 Nordstrom Local service hubs 6 6 ASOS | Nordstrom — 1 Nordstrom Rack Nordstrom Rack 280 258 Last Chance clearance stores 2 2 Total 381 360 Gross store square footage 26,874,000 26,305,000 During the third quarter, the Company closed one Nordstrom Rack store. FISCAL YEAR 2024 OUTLOOK The Company updated its financial outlook for fiscal 2024, which reflects the estimated accelerated technology depreciation impacts expected in the fourth quarter of fiscal 2024: CONFERENCE CALL INFORMATION The Company's senior management will host a conference call to provide a business update and to discuss third quarter 2024 financial results and fiscal 2024 outlook at 4:45 p.m. EST today. To listen to the live call online and view the speakers' prepared remarks and the conference call slides, visit the Investor Relations section of the Company's corporate website at investor. nordstrom .com . An archived webcast with the speakers' prepared remarks and the conference call slides will be available in the Quarterly Results section for one year. Interested parties may also dial 201-689-8354. A telephone replay will be available beginning approximately three hours after the conclusion of the call by dialing 877-660-6853 or 201-612-7415 and entering Conference ID 13750079, until the close of business on December 3, 2024. ABOUT NORDSTROM At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our interconnected model enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it. Certain statements in this press release contain or may suggest "forward-looking" information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties that could cause results to be materially different from expectations. The words "will," "may," "designed to," "outlook," "believes," "should," "targets," "anticipates," "assumptions," "plans," "expects" or "expectations," "intends," "estimates," "forecasts," "guidance" and similar expressions identify certain of these forward-looking statements. The Company also may provide forward-looking statements in oral statements or other written materials released to the public. All statements contained or incorporated in this press release or in any other public statements that address such future events or expectations are forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended February 3, 2024, our Form 10-Q for the fiscal quarter ended May 4, 2024 , our Form 10-Q for the fiscal quarter ended August 3, 2024 and our Form 10-Q for the fiscal quarter ended November 2, 2024 , to be filed with the SEC on or about December 5, 2024 . In addition, forward-looking statements contained in this release may be impacted by the actual outcome of events or occurrences related to the Company's announcement of the exploration of possible avenues to enhance shareholder value, including consideration by a special committee of the board of directors of a proposal brought forward by members of the Nordstrom family to take the Company private. These forward-looking statements are not guarantees of future performance and speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances. In addition, the actual timing, price, manner and amounts of future share repurchases, if any, will be subject to the discretion of our board of directors, contractual commitments, market and economic conditions and applicable Securities and Exchange Commission rules. This earnings release includes references to websites, website addresses and additional materials, including reports and blogs, found on those websites. The content of any websites and materials named, hyperlinked or otherwise referenced in this earnings release are not incorporated by reference into this earnings release or in any other report or document we file with the SEC, and any references to such websites and materials are intended to be inactive textual references only. The information on those websites is not part of this earnings release. NORDSTROM, INC. CONSOLIDATED STATEMENTS OF EARNINGS (unaudited; amounts in millions, except per share amounts) Quarter Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net sales $3,347 $3,200 $10,353 $9,926 Credit card revenues, net 117 120 339 347 Total revenues 3,464 3,320 10,692 10,273 Cost of sales and related buying and occupancy costs (2,156) (2,080) (6,760) (6,488) Selling, general and administrative expenses (1,225) (1,163) (3,680) (3,466) Canada wind-down costs — 25 — (284) Earnings before interest and income taxes 83 102 252 35 Interest expense, net (26) (24) (79) (78) Earnings (loss) before income taxes 57 78 173 (43) Income tax (expense) benefit (11) (11) (45) 43 Net earnings $46 $67 $128 $— Earnings per share: Basic $0.28 $0.41 $0.78 $— Diluted $0.27 $0.41 $0.76 $— Weighted-average shares outstanding: Basic 164.6 162.0 164.0 161.5 Diluted 169.8 163.6 168.1 161.5 Percent of net sales: Gross profit 35.6 % 35.0 % 34.7 % 34.6 % Selling, general and administrative expenses 36.6 % 36.3 % 35.5 % 34.9 % Earnings before interest and income taxes 2.5 % 3.2 % 2.4 % 0.4 % NORDSTROM, INC. CONSOLIDATED BALANCE SHEETS (unaudited; amounts in millions) November 2, 2024 February 3, 2024 October 28, 2023 Assets Current assets: Cash and cash equivalents $397 $628 $375 Accounts receivable, net 544 334 322 Merchandise inventories 2,780 1,888 2,626 Prepaid expenses and other current assets 311 286 392 Total current assets 4,032Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief DETROIT (AP) — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists and industry officials say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, booze and other goods. The president-elect floated the tariff idea and an additional 10% tax on goods from China, as a way to force the countries to halt the flow of illegal immigrants and drugs into the U.S. But his posts Monday threatening tariffs on his first day in office could be a negotiating ploy to get the countries to change behavior. Trump’s latest tariff plan aims at multiple countries. What does it mean for the US? WASHINGTON (AP) — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. On Monday, Trump sent shockwaves across the nation’s northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs. Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. Federal Reserve officials signal cautious path for rate cuts amid still-high inflation WASHINGTON (AP) — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in lowering rates, according to minutes of the November 6-7 meeting. The minutes don’t specifically provide much guidance about what the Fed will do at its next meeting in December. Wall Street investors see the odds of another quarter-point reduction in the Fed’s key rate at that meeting as nearly even, according to CME Fedwatch. Canadian officials blast Trump's tariff threat and one calls Mexico comparison an insult TORONTO (AP) — Canadian officials are blasting President-elect Donald’s Trump’s threat to impose sweeping tariffs. The leader of Canada's most populous province on Tuesday called Trump’s comparison of Canada to Mexico “the most insulting thing I’ve ever heard.” Trump has threatened to impose tariffs on products from Canada, Mexico and China as soon as he takes office in January as part of efforts to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the U.S. from Canada and Mexico. Canadians say their economy and the U.S. one are deeply intertwined and Americans would feel tariffs, too. Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans WASHINGTON (AP) — Millions of obese Americans would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The proposal, which would not be finalized until after President-elect Donald Trump takes office, could cost taxpayers as much as $35 billion over the next decade. It would give millions of people access to weekly injectables that have helped people shed pounds so quickly that some people have labeled them miracle drugs. Surveillance tech advances by Biden could aid in Trump's promised crackdown on immigration President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration — among them, surveillance and artificial intelligence technology that the Biden administration already uses to help make crucial decisions in tracking, detaining and ultimately deporting immigrants lacking permanent legal status. One algorithm, for example, ranks immigrants with a “Hurricane Score,” ranging from 1-5, to assess whether someone will “abscond” from the agency’s supervision. It’s almost time for Spotify Wrapped. When can you expect your 2024 recap? NEW YORK (AP) — It’s almost that time of year. Spotify is gearing up to release its annual Spotify Wrapped, a personalized recap of its users' listening habits and year in audio. The streaming service has been sharing these personalized analyses with since 2016. And each year, it’s become a bigger production than the last. Spotify claimed its 2023 Wrapped was the “biggest ever created” in terms of audience reach and the kind of data it provided to users. But information on Wrapped's 2024 release has been kept under ... er, wraps. In previous years, it’s been released after Thanksgiving, between Nov. 30 and Dec. 6. Thanksgiving travel is cranking up. Will the weather cooperate? The Thanksgiving travel rush is picking up, with Tuesday and Wednesday expected to be much busier than the last couple days. A lot of travelers will be watching weather forecasts to see if rain or snow could slow them down. The Transportation Security Administration expects to screen more than 2.8 million people on Tuesday and 2.9 million on Wednesday after handling more than 2.5 million people on Monday. So far, relatively few flights have been canceled this week, but there have been thousands of delayed flights every day. That is becoming normal for U.S. airlines. Federal agency raises the size of most single-family loans the government can guarantee to $806,500 The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage buyers Fannie Mae and Freddie Mac will be able to acquire loans of up to $806,500 on single-family homes in most of the country, the agency said Tuesday. The new conforming loan limit is a 5.2% increase from its 2024 level. FHFA oversees Fannie Mae and Freddie Mac, which buy home loans from banks and other lenders. FHFA adjusts the loan limits annually to reflect changes in U.S. home values, which have been rising this year despite a national home sales slump. Stock market today: Wall Street hits records despite tariff talk NEW YORK (AP) — U.S. stocks rose to records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell.Chris Jackman Launches Personal Blog to Explore Legal Insights and Inspire the Next Generation of Lawyers 12-17-2024 11:46 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Erase Technologies, LLC Image: https://www.globalnewslines.com/uploads/2024/12/1734444847.jpg Chris Jackman, Attorney, Seattle Washington. Chris Jackman, esteemed attorney and founder of The Jackman Law Firm, is proud to announce the launch of his personal blog, a platform dedicated to providing unique perspectives on the legal field while offering guidance to aspiring attorneys. The blog will cover a wide range of topics, including the evolving landscape of personal injury law, building client trust, and the importance of empathy in legal practice. Having secured nearly $50 million in settlements since founding his firm in 2014, Chris Jackman brings a wealth of experience and a fresh voice to the legal blogging space. His aim is to make complex legal topics accessible, offer actionable advice for law students and young professionals, and share the lessons he has learned throughout his career. "My hope is that this blog becomes a resource for anyone interested in law-not just those practicing, but also those navigating the legal system or considering a career in it," said Jackman. "I also want to inspire future lawyers by discussing the human side of law and the profound impact empathy and dedication can have on clients." In addition to practical advice, the blog will delve into key themes like resilience, professional growth, and the role of mentorship in the legal profession. It will also spotlight pressing legal issues and provide insights into emerging trends that are shaping the field. To check out Chris Jackman's blog, visit his website here [ https://www.chris-jackman.com/ ]. About Chris Jackman: Chris Jackman is the founder of The Jackman Law Firm, specializing in personal injury, mass torts, and immigration law. Known for his client-centered approach, he has dedicated his career to advocating for individuals facing significant challenges. His new blog aims to share insights from his professional journey and inspire the next generation of lawyers. Media Contact Company Name: Chris Jackman Attorney Contact Person: Chris Jackman Email: Send Email [ http://www.universalpressrelease.com/?pr=chris-jackman-launches-personal-blog-to-explore-legal-insights-and-inspire-the-next-generation-of-lawyers ] City: Seattle State: Washington Country: United States Website: https://chrisjackmanlawyer.com This release was published on openPR.
Minnesota hunters registered 120,675 deer after the third weekend of the firearms deer season, up 6% from 2023, but down 4% from the five-year mean, or average, the Department of Natural Resources reported Tuesday, Nov. 26. Deer Season A opened Saturday, Nov. 9, and ended Nov. 17 in 200- and 300-series deer permit areas (DPAs) and continued through Nov. 24 in 100-series DPAs, which are mainly in the northern and northeastern part of the state. The Season B firearms deer season in 300-series DPAs opened Nov. 23 and continues through Sunday, Dec. 1. The firearms deer harvest by region after 16 days was as follows: Northwest: 37,019 deer, up 6% from 2023, but down 6% from the five-year average. Northeast: 23,280, up 6% from 2023, but down 15% from the five-year average. Central: 42,008, up 6% from 2023 and 4% higher than the five-year average. Southwest: 18,368, up 4% from 2023 and statistically unchanged from the five-year average. According to Todd Froberg, big game program coordinator for the DNR at Whitewater Wildlife Management Area in Altura, Minnesota, the harvest really only increased in the Northwest, Northeast and Central regions during the rest of the 16-day season and then in the B season in the southeast part of the state. The 200-series DPAs only had the nine-day season, and there is only one DPA in the southwest region open during the ongoing B season, Froberg said. The cumulative harvest to date, which includes archery, firearm, early antlerless, youth and special hunts, was 153,390 deer, the DNR said. That’s up 3% from 2023, but down 6% from the five-year average and down 8% from the 10-year average. Cumulative tallies by region were as follows: Northwest: 43,010, up 6% from 2023 and down 8% from the five-year average. Northeast: 24,144, up 7% from 2023 but down 15% from the five-year average. Central/Southeast: 59,535, up 2% from 2023, but down 3% from the five-year average. Southwest: 23,148, up 1% from 2023, but down 2% from the five-year average. In related deer hunting news, Minnesota archery hunters as of Tuesday had harvested 23,047 deer, Froberg said, up 12% from last year. Crossbows, which are legal for all archery hunters in Minnesota, are making up a greater percentage of the archery harvest, Froberg says. “Crossbows are making up 47% of (the) archery harvest,” he said. “For crossbow-specific harvest, we are up 24% compared to last year’s crossbow harvest. Vertical bow harvest is up 4% compared to last year’s vertical bow harvest.” Minnesota’s muzzleloader opens Saturday, Nov. 30, and continues through Sunday, Dec. 15. Archery season continues through Dec. 31. The DNR posts regular harvest updates, both statewide and by DPA, on its website at dnr.state.mn.us/mammals/deer/management/statistics.html.
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NVIDIA’s stock, listed on NASDAQ as NVDA, experienced a decline of 2.7% on Tuesday, trading as low as $126.86 before closing at $128.47. This notable activity was marked by a significantly reduced trading volume of approximately 98 million shares, which is a stark contrast to the typical 383 million shares exchanged daily. Previously, NVIDIA’s stock concluded at $132, indicating investors’ guarded response. Analysts Forecast Bright Futures Despite the recent downturn, equity analysts maintain a positive outlook on NVIDIA’s stock. Several firms have adjusted their price targets upwards, reflecting an optimistic long-term growth potential. DA Davidson revised their target to $135, while Needham & Company LLC projects a more ambitious target of $160. Both views suggest a “neutral” to “buy” sentiment, echoing a largely favorable consensus among analysts. MarketBeat.com cites a “Moderate Buy” rating with an average target of $164.15. Performance Highlights NVIDIA’s recent financial disclosures reveal impressive figures, with quarterly earnings per share reaching $0.81, surpassing analyst predictions of $0.69. The company’s revenue soared to $35.08 billion, marking a remarkable 93.6% increase from the previous year. The stock’s market cap sits at $3.18 trillion, highlighting its significant industry presence. Dividends and Strategic Moves Adding to its strategic initiatives, NVIDIA declared a quarterly dividend payable on December 27th. The firm also announced a $50 billion stock repurchase plan, signaling management’s confidence in the stock’s value. Recent insider activities include significant stock sales, reflecting varied personal financial strategies among top executives. Institutional investors such as University of Texas Texas AM Investment and Truepoint Inc. have notably increased their holdings, underlining widespread investor interest in NVIDIA’s potential. With a strong foundation and dynamic growth trajectory, NVIDIA remains a compelling entity in technology investments. NVIDIA’s Stock Poised for Growth: What You Need to Know NVIDIA’s recent stock performance, coupled with optimistic analyst forecasts and strategic corporate initiatives, paints a promising picture for investors. Despite a recent dip, analysts and market behaviors suggest a robust trajectory for this tech giant. Analysts are maintaining high hopes for NVIDIA’s future, even after its stock witnessed a brief setback. Leading firms such as DA Davidson and Needham & Company LLC have revised their price targets upward to $135 and $160, respectively. This suggests a prevailing “neutral” to “buy” stance, with MarketBeat.com assigning a “Moderate Buy” rating and forecasting an average target of $164.15. This optimism reflects expected growth in NVIDIA’s share value over the long term. NVIDIA’s financial performance continues to impress, underscored by its substantial profit margins and revenue growth. The company’s recent quarterly earnings report revealed earnings per share of $0.81, comfortably surpassing analysts’ estimates of $0.69. In addition, NVIDIA’s revenue reached $35.08 billion, an impressive 93.6% increase from the previous year, cementing its status as a leader in the tech industry. Further illustrating its robust financial position, NVIDIA has declared a quarterly dividend, payable on December 27th. This move, along with a $50 billion stock repurchase plan, signals management’s strong confidence in the company’s value and future potential. Such initiatives are often interpreted as positive signals of a company’s health and its ability to generate shareholder value. Institutional interest in NVIDIA remains high, with prominent investors like the University of Texas Texas AM Investment and Truepoint Inc. increasing their holdings. This increased institutional investment underscores a widespread belief in NVIDIA’s potential for growth, reinforcing its appeal to long-term investors. With strong financials, positive analyst sentiment, and strategic corporate moves, NVIDIA continues to exemplify a compelling investment opportunity in the tech sector. The company’s resilience and growth prospects make it a key player to watch in the coming years. For more information, visit [NVIDIA’s main website](https://www.nvidia.com).