Stocks Analysis by Michael Kramer covering: USD/MXN, S&P 500, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
than what was expected, at least in my view. This is interesting because many of the speakers I have heard have suggested they would raise rates if needed, but they have done it with caveats.
The market looked past that miss on gross margin and focused on the 10-to-1 stock split, which means nothing other than the reduced price and more shares outstanding. But the market liked the split news, and the shares moved higher. Another story is where the stock trades today and whether it holds the gains.
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