Nvidia (NASDAQ: NVDA) hit another one out of the park on its fiscal 2022 third-quarter update for the three months ended Oct. 31, 2021. Total revenue of $7.1 billion in the quarter represented a 50% year-over-year increase, and operating income of $2.7 billion (that's right, a ne
Today's video focuses on Nvidia (NASDAQ:NVDA) and its recent earnings, reported on Nov. 17 after the market closed. Here are some highlights from the video.
Nasdaq index futures hit a record high on Friday as investors sought economically stable sectors after a small delay in voting on President Joe Biden's $1.75 trillion spending bill, while rising COVID-19 cases in Europe also dented sentiment.
Talk regarding the coming metaverse has reached a fever pitch in recent months. In the latest development, Meta Platforms (NASDAQ: FB) -- the company formerly known as Facebook -- changed its name to highlight its focus. But what exactly is the metaverse and how can investors pro
Japan's Nikkei share average rose on Friday as chipmaking giants tracked their U.S. peers higher and energy shares surged after a rebound in oil prices.
Japan's Nikkei share average rose on Friday, as chipmaking giants tracked a rally in their U.S. peers and energy shares surged after oil prices dipped.
Asian shares fell on Friday as disappointing earnings from Chinese e-commerce giant Alibaba heightened worries about Beijing's broad regulatory crackdown and slowing growth in the world's second-biggest economy.
What happened
Shares of Nvidia (NASDAQ: NVDA) jumped 8% to a record closing high of $316.75 on Thursday after the chipmaker announced blockbuster sales and profits.
The S&P 500 and Nasdaq notched record closing highs on Thursday, boosted by upbeat corporate earnings news from companies including Nvidia, while Turkey's lira weakened further after its central bank cut rates.
Both the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday on Wall Street, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.
The Dow fell for a second-straight day, as weak price action and choppy trading once more took hold of Wall Street. The S&P 500 and Nasdaq finished comfortably in the black though, both scoring record closes along the way. Jobless claims and corporate earnings dominate
The stock market lumbered through another tame session at the broader-index level Thursday, but a few exciting individual moves in Big Tech were just enough to get the S&P 500 and Nasdaq Composite back into record territory.
Both the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.
Technology stocks extended their Thursday gains, with the SPDR Technology Select Sector ETF (XLK) rising 1.0% while the Philadelphia Semiconductor Index was advancing 1.6% this afternoon.
What happened
Shares of Roblox (NYSE: RBLX) were trading up 13.6% week to date as of 1:47 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence. The stock initially took off after the company's better-than-expected third-quarter earnings results on
The S&P 500 and Nasdaq remained positive into early afternoon trading on a topsy-turvy Thursday on Wall Street, with investors taking cues from upbeat retail and technology earnings despite hawkish inflation comments from a Federal Reserve policymaker.
Technology stocks were higher, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.7% while the Philadelphia Semiconductor Index was advancing 1.3% this afternoon.
The S&P 500 and Nasdaq reversed course to edge higher in volatile trading on Thursday after a clutch of upbeat retail and technology earnings encouraged investors to shrug off hawkish comments on inflation from a Federal Reserve policymaker.
Shares of Nvidia Corp surged 12% on Thursday, taking the chipmaker closer to the $1 trillion valuation mark on hopes that it will get a boost from companies plowing billions of dollars into their "metaverses", the latest technology buzzword.