Stock Market Today With IBD

Nvidia Stock Soars, Leads Big Tech Rally; ELF Beauty, Monday.com, KLA Show Strength

Episode Summary

Blue chips and small caps lagged and breadth was weak again, with declining stocks beating advancers on both exchanges by nearly 2-to-1. Nvidia soared more than 20% after guiding fiscal Q2 revenue about $4 billion above expectations. KLAC gave a buy signal; MNDY rallied again in fast trade and ELF soared on strong results.

Episode Notes

Blue chips and small caps lagged and breadth was weak again, with declining stocks beating advancers on both exchanges by nearly 2-to-1. Nvidia soared more than 20% after guiding fiscal Q2 revenue about $4 billion above expectations. KLAC gave a buy signal; MNDY rallied again in fast trade and ELF soared on strong results.