"The GraniteShares 2x Long NVDA Daily ETF (NVDL) surged 5.5% on Monday, March 9, 2026, tracking a strong session for NVIDIA and the broader chip complex. As a 2x leveraged daily product, NVDL is designed to deliver twice the daily return of NVDA, so when NVIDIA moves, NVDL moves harder in the same direction. NVIDIA shares closed up 2.68% today."
"NVIDIA reported Q4 FY2026 revenue of $68.13 billion, up 73% year over year, with non-GAAP EPS of $1.62 against a $1.52 consensus estimate. The Data Center segment, the engine of everything, posted $62.31 billion in revenue, up 75% year over year. Networking revenue inside Data Center was the real standout, up 263% year over year to $10.98 billion, driven by the NVLink fabric ramp for GB200 and GB300 systems."
"The Nasdaq-100 (QQQ) closed at $607.76 on the day, up 1.34%. That's an especially notable move since Nasdaq futures were down as much as 2.7% last night! WTI crude oil briefly hit $120 per barrel overnight before pulling back to around $100 as of 11:10 AM ET. After markets closed, oil futures took another leg down and now trade for $88.65."
Semiconductor stocks experienced a significant rally on Monday, with NVIDIA leading the charge and its 2x leveraged ETF NVDL surging 5.5%. The broader market showed resilience despite overnight volatility, with the Nasdaq-100 closing up 1.34% after futures were down 2.7%. Oil prices declined sharply following Trump's statement about ending the Iran War soon, with WTI crude falling from $120 to $88.65. NVIDIA's rebound was supported by strong Q4 FY2026 results showing $68.13 billion in revenue, up 73% year-over-year, with Data Center revenue reaching $62.31 billion. Networking revenue within Data Center was particularly impressive, surging 263% year-over-year to $10.98 billion, driven by NVLink fabric adoption for advanced GPU systems.
Read at 24/7 Wall St.
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