Nvidia’s Blackwell deliveries for 2025 will be a “firework” for the stock
Nvidia (NVDA) reported its sixth consecutive earnings increase after the market closed on Wednesday. The technology giant’s second-quarter results beat estimates for both revenue and profit. Despite beating estimates, Nvidia shares still fell after the quarterly report was released. To…
The biggest challenge for Nvidia shares in one chart
Nvidia’s (NVDA) growth numbers are no longer impressing Wall Street like they once did. Nvidia reported its results on Wednesday, which showed the company’s earnings and revenue rose more than 100% year-over-year. However, this was also the company’s slowest year-over-year…
Billionaires have a new favorite stock in artificial intelligence (AI)
Over the past 30 years, Wall Street has seen no shortage of new big investment trends. Since the advent of the Internet in the mid-1990s, no innovation, technology or trend has had anywhere near as big an impact on corporate…
Nasdaq and S&P 500 lead stock prices ahead of Nvidia’s disappointing results
Kohl’s (KSS) shares rose as much as 7% in early trading after the company beat Wall Street earnings expectations by $0.15 per share and raised its earnings forecast. In the second quarter, the retailer doubled its inventory levels and spending,…
Nvidia approves $50 billion share buyback; share price falls 2% despite strong results
Nvidia’s board of directors approved a $50 billion share buyback on Wednesday when it announced its second-quarter results. The US chipmaker easily beat Wall Street estimates, reporting net income of $16.6 billion and a 122 percent increase in revenue to…
Nvidia shares down after hours despite better than expected and rising second quarter results
SAN JOSE, CALIFORNIA – MARCH 18: Nvidia CEO Jensen Huang delivers a keynote address during the … (+) Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. The developer conference is expected to…
Nvidia shares slide after earnings, forecasts beat estimates amid ‘incredible’ demand for its next-generation chip
AI giant Nvidia (NVDA) reported its second-quarter results after the market closed on Wednesday, beating expectations for both revenue and profit. The forecast for the current quarter also exceeded expectations. Nvidia reported adjusted earnings per share of $0.68 on revenue…
Nvidia’s forecast dampens AI enthusiasm of other technology stocks
By Noel Randewich and Saqib Iqbal Ahmed (Reuters) – Shares of Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors who had bet that strong forecasts from the dominant AI chip seller would lead to…
Nvidia fails to convince growth-hungry investors, share price falls
By Arsheeya Bajwa (Reuters) – Nvidia’s quarterly forecast on Wednesday failed to meet the high expectations of investors, who had caused a dizzying rise in the share price by betting billions on the future of generative artificial intelligence. The chipmaker’s…
Nvidia shares slip even as earnings beat Wall Street estimates and demand for AI chips rises
LOS ANGELES (AP) — Nvidia’s soaring profit beat Wall Street estimates — shaken by the chipmaker’s dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company…
