The Magic had a breakout season, and there is no reason for them to slow down now.
As the AI leader hovers above its 50-day moving average again, investors holding Nvidia could be asking themselves, should they continue to hold or take some profits? Nvidia's chart shows a clear buy point from a base again, according to IBD MarketSurge. Meanwhile, investors await Nvidia's May 22 earnings report.
India's Godrej Consumer Products reported a nearly 20% rise in fourth-quarter profit before a one-time charge on Monday, benefiting from higher demand for its home and personal care products. Rising household incomes and evolving lifestyles have fuelled the growth of consumer goods makers like Godrej Consumer Products, at a time when other companies have reported mixed results. Consumers are spending more on a variety of the company's offerings, from Cinthol soap to Godrej Expert hair colour.