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Symphony Financial Ltd. Co. raised its holdings in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 4.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 216,448 shares of the computer hardware maker’s stock after buying an additional 9,710 shares during the quarter. NVIDIA comprises 4.3% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 3rd largest position. Symphony Financial Ltd. Co.’s holdings in NVIDIA were worth $26,087,000 as of its most recent SEC filing. Several other hedge funds have also recently made changes to their positions in the business. Lowe Wealth Advisors LLC purchased a new position in NVIDIA during the 2nd quarter valued at $25,000. DHJJ Financial Advisors Ltd. lifted its position in shares of NVIDIA by 1,900.0% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 200 shares of the computer hardware maker’s stock worth $25,000 after purchasing an additional 190 shares during the period. CGC Financial Services LLC bought a new stake in shares of NVIDIA during the 2nd quarter valued at about $26,000. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of NVIDIA during the first quarter valued at about $27,000. Finally, Quest Partners LLC bought a new position in NVIDIA in the second quarter worth about $27,000. 65.27% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, Director John Dabiri sold 716 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total transaction of $101,672.00. Following the sale, the director now directly owns 19,942 shares in the company, valued at $2,831,764. This trade represents a 3.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Mark A. Stevens sold 155,000 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $132.27, for a total transaction of $20,501,850.00. Following the completion of the transaction, the director now directly owns 8,100,117 shares of the company’s stock, valued at $1,071,402,475.59. This represents a 1.88 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 2,036,986 shares of company stock worth $240,602,399. Company insiders own 4.23% of the company’s stock. NVIDIA Stock Performance NVIDIA ( NASDAQ:NVDA – Get Free Report ) last posted its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.69 by $0.12. The firm had revenue of $35.08 billion during the quarter, compared to analyst estimates of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. NVIDIA’s revenue was up 93.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 EPS. On average, research analysts anticipate that NVIDIA Co. will post 2.76 earnings per share for the current year. NVIDIA declared that its board has approved a share buyback program on Wednesday, August 28th that allows the company to repurchase $50.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued. NVIDIA Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 5th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio (DPR) is presently 1.57%. Analysts Set New Price Targets Several equities research analysts recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating and set a $175.00 price target on shares of NVIDIA in a research report on Thursday, November 21st. Barclays boosted their target price on shares of NVIDIA from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Westpark Capital increased their price target on shares of NVIDIA from $127.50 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 29th. JPMorgan Chase & Co. boosted their price objective on shares of NVIDIA from $155.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of NVIDIA from $115.00 to $140.00 and gave the stock a “hold” rating in a report on Thursday, November 21st. Four research analysts have rated the stock with a hold rating, thirty-nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $164.15. Read Our Latest Analysis on NVIDIA About NVIDIA ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Featured Articles Five stocks we like better than NVIDIA Learn Technical Analysis Skills to Master the Stock Market The Latest 13F Filings Are In: See Where Big Money Is Flowing Top Biotech Stocks: Exploring Innovation Opportunities 3 Penny Stocks Ready to Break Out in 2025 Financial Services Stocks Investing FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .Punjab unit of Bharatiya Janata Party (BJP) has distanced itself from the statement of Union minister Ravneet Singh Bittu’s remarks on Narain Singh Chaura , who made a life attempt on Sukhbir Singh Badal. Bittu had suggested that Chaura should be honoured with the title of “Qaum Da Heera” (gem of the community). In a statement issued on Sunday, BJP national executive member Manoranjan Kalia said the recent statement of Bittu eulogising the attacker was not the party’s line. READ | Sukhbir Singh Badal attacked: ‘Why accused not arrested’, ask Akali leaders “Any statement scoring brownie points politically which has the cascading effect of damaging the political and social fabric of Punjab, thereby denting communal harmony, should be avoided,” Kalia said. He added that the BJP had already condemned the December 4 attack on Sukhbir. Drawing parallels with his grandfather’s assassination, Bittu, while talking to media persons, said, “When Beant Singh ji was assassinated, 17 others lost their lives, leaving families orphaned. The SAD honoured the individuals in such cases at the Golden Temple. Now it is their turn to reciprocate by supporting Chaura with similar magnanimity.” “If my grandfather’s killer, Balwant Singh Rajoana, is being termed Quam Da Heera, Chaura should be given the same treatment by Akali Dal and SGPC,” Bittu said.Published 14:57 IST, November 30th 2024 While the iPhone 15 Plus runs iOS 17, it is upgradable to iOS 18.1. However, it is not eligible for Apple Intelligence features, owing to hardware constraints. The Black Friday deals are underway across websites, with offers on smartphones and other electronics. However, Flipkart's iPhone 15 Plus deal stands out, giving customers a discount of almost ₹15,000. Customers can buy the iPhone 15 Plus for under ₹65,000 in the ongoing Flipkart Black Friday sale. Here is what interested customers should know about the iPhone 15 Plus deal on Flipkart. iPhone 15 Plus Flipkart deal Flipkart is selling last year's iPhone 15 Plus for as low as ₹64,999 in the Black Friday sale. However, this is not a flat discount. The deal includes a ₹13,901 discount on the original price and a ₹1,000 bank discount. After the flat discount, the iPhone 15 Plus will cost ₹65,999, but there are multiple offers, including up to ₹1,250 off on Axis Bank credit cards and ₹1,000 off on HDFC Bank credit cards, that customers can use to bring down the cost further. iPhone 15 Plus specifications The iPhone 15 Plus is the larger version of the iPhone 15 -- Apple's marquee smartphone of 2023. It has a bigger 6.7-inch Super Retina XDR OLED display that supports HDR10, Dolby Vision, and up to 2,000 nits of peak brightness. Powered by the Apple A16 Bionic chipset, the iPhone 15 Plus packs 6GB of RAM and has storage options of up to 512GB. While the iPhone 15 Plus runs iOS 17, it is upgradable to iOS 18.1. However, it is not eligible for Apple Intelligence features, owing to hardware constraints. For photography, the iPhone 15 Plus comes with a 48MP main camera and a 12MP ultrawide camera. It has a 12MP selfie camera, located inside the pill-shaped Dynamic Island. The iPhone 15 Plus is IP68-rated against water and dust ingress, features stereo speakers with Dolby Atmos support, and supports features such as Ultra Wideband, Emergency SOS, and Find My. While Apple has not announced the battery capacity of its iPhone device, a teardown last year revealed that the iPhone 15 Plus uses a 4383mAh battery, which supports fast charging technology that can fill 50 per cent of the battery in 30 minutes. Updated 14:57 IST, November 30th 2024
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NASHVILLE, Tenn (AP) — Nico Iamaleava threw for 257 yards and four touchdowns rallying No. 7 Tennessee from a 14-point deficit within the first five minutes to rout in-state rival Vanderbilt 36-23 Saturday. “Man, it couldn't have started any worse,” Tennessee coach Josh Heupel told his Vols postgame . “And you know what? Competitive composure ... You just kept coming. That's what elite people, champions do. You just keep coming.” The Volunteers (10-2, 6-2 Southeastern Conference; No. 8 CFP) needed a big victory to impress the College Football Playoff committee enough to earn a home playoff game in December. They beat Vanderbilt (6-6, 3-5) for a sixth straight season leaving the Commodores needing to win their bowl game to post their first winning record since 2013. Better yet, the Vols rebounded from a nightmare start giving up the first 14 points by scoring 29 straight points. They led 24-17 at halftime on Iamaleava's first three TD passes. “Once they took the momentum, we kind of allowed them to have it for the rest of the game," Vanderbilt coach Clark Lea said. "And you got to credit Tennessee. I mean, obviously, they were playing for the playoffs and credit coach Heupel and his team for their winning performance.” Junior Sherrill returned the opening kickoff 100 yards for a touchdown for Vanderbilt to stun a mostly orange crowd. Dylan Sampson fumbled on the Vols’ second play from scrimmage, and Sedrick Alexanader's 4-yard TD run on a 26-yard drive put Vandy up 14-0 quickly. Then Iamaleava got Tennessee going with a 28-yard TD pass to Dont’e Thornton Jr. Tennessee got a break when Max Gilbert's 50-yard field goal bounced off the crossbar and over. Iamaleava found Thornton again on an 86-yard catch-and-run TD, then he tossed an 18-yard TD pass to Miles Kitselman just before halftime. Iamaleava capped the opening drive of the third quarter hitting Mike Matthews with a 14-yard TD pass for a 31-17 lead. The Vols added a safety by Tyre West and another Gilbert field goal. Diego Pavia threw a 31-yard TD pass to Richie Hoskins late with Vandy's 2-point conversion failing for the final margin. Poll implications Tennessee didn't make a good early impression with yet another slow start. The Vols need to hope for some help to have a chance at moving up a spot or two . The big question is whether the Vols get to host a playoff game in December at Neyland Stadium where they went undefeated this season. The takeaways Tennessee put together TD drives of 91 and 96 yards in the first half alone. The Vols then beat Vandy at its own game of keepaway after not even managing 10 minutes of possession in the first half. They finished with the edge in that stat outgaining Vandy 538-212. Vanderbilt had some of the best offensive success against Tennessee of any opponent this season. The Commodores had 114 yards rushing and 17 points by halftime against a defense that came in ranked sixth nationally allowing just 98.8 yards a game. The Vols had been fourth in the country giving up just 13.1 points a game having held 10 of 11 opponents under 20 points this season. But Lea said the Commodores ran just 11 plays to Tennessee's 44 after halftime. Sampson's latest record The Tennessee running back, who set the program record with 22 rushing TDs this season, didn't reach the end zone for the first time this season. Sampson finished with 178 yards rushing to reach 1,485 yards for the season, topping the school mark of 1,464 set by Travis Stephens in 2001. Up next Tennessee waits to hear its spot in the CFP field, while Vanderbilt learns its bowl destination Dec. 8. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football.The price of bitcoin surpassed $100,000 for the first time on Wednesday, soaring to a fresh high as the world's largest cryptocurrency extended a rally set off by the election of former President Donald Trump. Bitcoin has climbed more than 40% since Election Day, when voters opted for a candidate viewed as friendly toward digital currency. Those gains have far outpaced the stock market. The S &P 500 has increased about 2.4% over that period, while the tech-heavy Nasdaq has jumped 2.6%. On the campaign trail, Trump vowed to bolster the cryptocurrency sector and ease regulations enforced by the Biden administration. Trump also promised to establish the federal government's first National Strategic Bitcoin Reserve. Trump said he would replace Securities and Exchange Commission Chair Gary Gensler, whom many crypto proponents dislike for what they perceive as a robust approach to crypto regulation. Gensler announced that he plans to resign on Jan. 20, 2025, the date of Trump's inauguration. The post-election euphoria has lifted other parts of the crypto sector. Ethereum, the second-largest cryptocurrency, has climbed 27%. Lesser-known dogecoin has skyrocketed about 140%, while litecoin has surged 35%. Shares of Coinbase, a top crypto trading platform, have increased more than 70% since Trump's reelection. The growth in recent weeks extends a remarkable turnabout for the once-beleaguered crypto industry. The sector entered this year bruised after a series of high-profile collapses and company scandals. FTX, a multibillion-dollar cryptocurrency exchange co-founded by Sam Bankman-Fried, collapsed in November 2022. The implosion set off a 17-month legal saga that resulted in the conviction of Bankman-Fried for fraud. In April, Bankman-Fried was sentenced to 25 years in prison. Changpeng Zhao, the founder and former CEO of major cryptocurrency exchange Binance, was sentenced to four months in prison in April after pleading guilty to charges that his platform had enabled illicit financial activity. The reelection of Trump marks the latest in a series of positive developments that have buoyed cryptocurrency this year. Those gains have been propelled, in part, by U.S. approval in January of bitcoin ETFs, or exchange-traded funds. Bitcoin ETFs allow investors to buy into an asset that tracks the price movement of bitcoin, while avoiding the inconvenience and risk of purchasing the crypto coin itself. Last month, options on BlackRock's popular iShares Bitcoin Trust ETF (IBIT) were made available for trading on the Nasdaq. The options, which provide a new avenue for bitcoin investors, allow individuals to commit to buy or sell the ETF at a given price by a specific date. While such investments typically come with additional risk, they can also make large payouts. IBIT inched upward 1% on Friday, reaching a record high of about $56. Bryan Armour, the director of passive strategies research at financial firm Morningstar, attributed the recent crypto surge to investors' anticipation of friendly policy under Trump, as well as the newly available options trading for bitcoin ETFs. Still, the performance of cryptocurrencies, including bitcoin, has proven volatile, Armour added. The price of bitcoin could fall, especially if Trump encounters difficulty following through on his campaign commitments, he said. "As long as the narrative stays positive, there's always room to grow," Armour told ABC News before bitcoin reached $100,000. "I also think campaign promises don't always come to fruition." "It's still a highly volatile asset," Armour added.