00:00 It's Benzinga and here's what's on the block.
00:02 NVIDIA announced a 10 for 1 stock split which will start trading on Monday following a $212
00:08 increase in its stock price over the past year which pushed it into the $3 trillion market cap
00:13 club. Stock splits are generally seen as bullish by the market as they signal management confidence
00:18 and often increase retail investor interest, though they can also lead to more volatility.
00:23 Analysts remain very bullish on NVIDIA's stock and see it as a generational opportunity in the
00:28 growing AI industry which is still in its early stages. The second wave of AI adoption is expected
00:34 to begin as more companies integrate AI into their planning and applications to drive further
00:40 growth opportunities. For all things money visit Benzinga.com
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