Nvidia’s Stock Split: Shares Divided 10:1 on the Stock Exchange

On Wall Street, the market opened lower on Monday with the Dow Jones close to zero and the S&P 500 and Nasdaq down 0.2 percent and 0.3 percent respectively. Investors were able to trade Nvidia’s split shares for the first time, with the share price opening at $118.20, down 2.2 percent. Apple was down 0.7 percent as investors eagerly anticipate its annual WWDC developer conference that starts today, where they are expected to announce AI tools for their devices.

Investors are closely watching for any comments on future interest rate cuts from the US central bank as it will announce its key interest rate decision on Wednesday, expected to remain between 5.25-5.50 percent.

Tesla will hold its general meeting on Thursday, where investors will vote on CEO Elon Musk’s $56 billion incentive package. The company’s market value needs to reach $650 billion in ten years for Musk to receive the full payout.

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By Sophia Gonzalez

As a content writer at newsgreg.com, I am dedicated to crafting engaging stories that captivate our readers. With a knack for turning complex topics into accessible and compelling narratives, I weave words together to inform and inspire. My passion lies in delivering accurate and thought-provoking content that keeps our audience informed and entertained. From breaking news stories to in-depth features, I strive to bring a fresh perspective to every piece I create. Join me on this journey of exploration and discovery through the power of words at newsgreg.com.

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