Nvidia (NVDA) reported $6.05 billion in revenue for the quarter ended January 2023, representing a year-over-year decline of 20.8%. EPS of $0.88 for the same period compares to $1.32 a year ago.
After a rather flat Wall St finish, Asian stocks have done better so far on Thursday thanks in part to an earnings beat from chip designer Nvidia Corp. Its stock surged almost 9% after the bell and helped lift Nasdaq futures NQc1 up 0.9%, with a spillover to South Korean and Taiwan tech.
Asian stock markets eked gains on Thursday after better-than-expected revenue at chip giant Nvidia helped the sector in Taiwan and South Korea and offset worries that strong economic data so far this year is a harbinger of even more rate hikes.
Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the brakes on inflation.
Artificial intelligence has been a huge buzzword over the past several weeks as companies such as Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) battle over AI chatbot supremacy. Is AI simply hype, or will pick-and-shovel stocks like Nvidia benefit and rewar
Artificial intelligence has been a huge buzzword over the past several weeks as companies such as Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) battle over AI chatbot supremacy. Is AI simply hype, or will pick-and-shovel stocks like Nvidia benefit and rewar
Artificial Intelligence (AI) is a rapidly growing field that involves the development of computer systems that can perform tasks that would typically require human intelligence, such as recognizing speech, understanding natural language, and making decisions. AI has the potential
Nvidia (NVDA) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for non-recurring items.
Markets awaited the release of the latest Fed minutes today buoyed in the green across the board, but sank into the red over the following hour of trading. In the final minutes before the closing bell, indices came back from session lows. The Dow finished -83 points, -0.2
(RTTNews) - NVIDIA Corporation (NVDA) announced a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
Chip designer Nvidia Corp forecast first-quarter revenue above Wall Street estimates on Wednesday, expecting the artificial intelligence boom to drive up sales of its data center chips, sending its shares up nearly 7% in extended trading.
Microsoft has thrown the gauntlet down over antitrust criticisms, saying on Tuesday it is ready to offer rivals licensing deals in exchange for regulatory approval of its $69 billion deal to purchase video game publisher Activision, but it would not to sell the latter's lucrative "Call of Duty" franchise.
The following companies are expected to report earnings after hours on 02/22/2023. Visit our Earnings Calendar for a full list of expected earnings releases.NVIDIA Corporation (NVDA)is reporting for the quarter ending January 31, 2023. The semiconductor company's consensus earni
Wall Street's main indexes edged higher in choppy trading on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve's policy meeting for fresh clues on the trajectory of interest rates.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $2.6 billion dollar outflow -- that's a 0.7% decrease week over week
Wall Street's main indexes edged up on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve's policy meeting for fresh clues on the trajectory of interest rates.
Nvidia (NASDAQ: NVDA) shares have skyrocketed in 2023, rising 41% since Jan. 1. Investors have rallied as the company looks more likely to play a crucial role in the future of artificial intelligence (AI). Since the launch of OpenAI's ChatGPT, an advanced chatbot capable of produ
Wall Street's main indexes were set for a slightly higher open on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve's policy meeting for fresh clues on the trajectory of interest rates.
Below is Validea's daily guru fundamental report for NVIDIA CORPORATION (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks t