#NVIDIA may spark a wave of stock splits among US companies! Who's next? While a stock split itself doesn't change a stock's valuation, the lower price per share could attract more individual investors.
#NVIDIA's stock split might drive up the chip maker's stock price in the short term and boost already enthusiastic investor sentiment. Currently, high-priced tech stocks like Broadcom, Netflix, and AMD could be the next candidates for a stock split.
As a token representing the AI field, $RNDR has a close connection with Nvidia. If Nvidia's stock split leads to a market rally, do you think $RNDR will benefit?
Starting from May 28, 2024, local time, the settlement cycle of #US stock transactions will be shortened from T+2 to T+1. That is, investors who sell stocks on the same day will receive the settlement funds one business day after the transaction.
Some analysts said that the settlement cycle of #USstock transactions will be shortened from T+2 to T+1, which means that stocks will keep pace with bonds, options and ETFs, and the application of T+1 in the US financial market is expanding.
So will $BTC follow the US stock market to make adjustments this time? I think there will still be a correlation effect.
ETH is following the same BTC ETF move pattern: initial news sell-off and then new price discovery. Data-driven thoughts: what comes after ETH outperformance? Alts run.