Now, let's consider the two upcoming catalysts: Nvidia's third-quarter earnings report on Nov. 20 and the launch of its new Blackwell architecture in the fourth quarter. News of any kind -- positive or negative -- clearly could affect stock performance.

Wall Street in terms of market value, but in the eyes of the 128-year-old Dow Jones Industrial Average, its stock is ranked well below average. The semiconductor maker and leader of the artificial-intelligence boom officially became a member of the venerable index at 9:30 a.

Also know that, unlike the S&P 500 or the Nasdaq Composite, the Dow is weighted by price rather than by market cap. Although Nvidia has an outsized influence on the movements of the cap-weighted benchmarks, at current prices NVDA stock will be as important to the DJIA as, roughly, 3M ( MMM ).

Nvidia will report financial results for the third quarter on Nov. 20, and the vast majority of Wall Street analysts rate the stock a buy ahead of the event. Nvidia beat Wall Street's forecasts in the second quarter and gave stronger guidance than ...

Nvidia (NASDAQ:NVDA) shares reached new all-time highs last week, overtaking AAPL to become the world’s largest company by market cap. With nearly