Yahoo Finance tech editor Dan Howley joins the Live show to break down the over 20 devices and updates Apple is preparing to release, including the latest iPhone, iPad, MacBooks, M1 chips, and the potential for VR headsets.
Shares of Nvidia (NASDAQ: NVDA) were trading down almost 3% after the market open on Monday after Morgan Stanley cautioned investors about the potential for slowing demand in graphics processing units (GPUs). As of 12:32 p.m. ET on Monday, the stock had recovered but was still down 1.4%, with the Nasdaq Composite down 0.4%. Morgan Stanley believes Ethereum's planned shift to a proof-of-stake model could slow demand for GPUs that are used to mine cryptocurrencies.
Nvidia (NASDAQ: NVDA) executed a four-for-one stock split on July 20 of last year, and shares of the graphics specialist have had mixed fortunes on the market since then. Initially, Nvidia enjoyed an impressive post-split rally. Nvidia's drop offers an enticing opportunity to buy a stock that could fly higher in the long run.