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Stock market today: AI stocks leap as interest-rate worries hit much of the rest of Wall Street

  • Nvidia's net income in the first quarter soared sevenfold to $14.88 billion, making it an AI boom icon.
  • Nvidia shares surged 7% in early Thursday trading, reaching new highs at around $1,017 per share.
  • Nvidia announced a 10-for-1 stock split, causing a 7% boost in shares before trading on Thursday, also lifting Micron and Advanced Micro Devices.
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Bloomberg broke the news in United States on Thursday, May 23, 2024.
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