Nvidia stock jumped Friday after a key supplier’s latest earnings report appeared to bode well for the artificial-intelligence trade amid a wider market rally. The chip maker’s shares climbed 3.2% to $119.

To compile our list of most profitable large cap stocks, we searched for the publicly traded companies with the largest amount of net income generated in the latest financial year and ranked them accordingly. For each company we also include the number of hedge funds that own the stock, according to Insider Monkey’s database of Q4 2024.

AI-driven chipmaker Nvidia (NVDA) stock is surging this week as investors and top analysts bet on potential big announcements at its upcoming

Nvidia's (NASDAQ: NVDA) fiscal 2025, which ended Jan. 26, featured impressive financial performance, with revenue soaring 114% year over year to $130.5 billion and diluted earnings per share rising 147% to $2.

It’s surprising that Nvidia (NVDA) stock, once soaring to new heights, is now facing pressure. Despite surging demand for its GPUs, which are powering the artificial intelligence (AI) revolution — especially in the booming data center market — the stock has taken a hit.