Nvidia hits a new record, mortgage rates dip below 7%: Yahoo Finance

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Nvidia (NVDA) continues to dominate the conversation on Wall Street after the company announced a first-quarter earnings beat along with a 10-for-1 stock split. With Taiwan Semiconductor Manufacturing Company (TSM) estimating sales in its current second quarter could rise as much as 30% due to demand for semiconductors used in AI, the sector competition continues to heat up. Crypto investors are hoping to hear a response from the SEC over the approval of spot ether ETF offerings. There is some good news for the housing market. The average rate for a 30-year fixed mortgage has fallen back below 7%, according to Freddie Mac. Yahoo Finance trending tickers include Snowflake (SNOW), NIO Inc. (NIO), and Super Micro Computer (SMCI).

Top guests today include:

3:15PM: Sassine Ghazi, Synopsys CEO

3:30 PM: Ryan McCurdy, Lenovo President, North America

3:45 PM: Paul Meeks, Harvest Portfolio Management Co-CIO; Partner, Wall Street Beats, and Ben Bajarin, Creative Strategies CEO and Principal Analyst

4:45 PM: Tarang Amin, e.l.f. Beauty Chairman & CEO

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