Nvidia (NVDA) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.04 per share a year ago. These figures are adjusted for non-recurring items.
Chip designer Nvidia Corp predicted third-quarter revenue below market expectations on Wednesday after weak gaming demand led to a 19% sequential decline in second-quarter sales.
The NASDAQ 100 After Hours Indicator is down -7 to 12,910.86. The total After hours volume is currently 59,523,352 shares traded.The following are the most active stocks for the after hours session: Chindata Group Holdings Limited (CD) is +0.16 at $8.17, with 3,350,622 shares tr
Stocks managed to eke out gains on light volume Wednesday as traders remained cautious ahead of Federal Reserve Chairman Jerome Powell's highly anticipated speech later this week.
Chip designer Nvidia Corp predicted third-quarter revenue below market expectations on Wednesday, delivering a one-two punch as weak gaming demand led to a 19% sequential decline in second-quarter sales.
Shares of tech behemoth Nvidia Corporation (NASDAQ: NVDA) have nosedived 43% year to date as part of a broader tech retreat linked to high inflation and the rising interest rate environment. In response to the unfriendly macroeconomic backdrop, the chip maker recently downgraded
The following companies are expected to report earnings after hours on 08/24/2022. Visit our Earnings Calendar for a full list of expected earnings releases.NVIDIA Corporation (NVDA)is reporting for the quarter ending July 31, 2022. The semiconductor company's consensus earnings
Wall Street's main indexes rose on Wednesday with megacap growth stocks leading gains after a tech selloff in the last few sessions, ahead of the U.S. Federal Reserve's Jackson Hole conference this week.
Preliminary Durable Goods Orders for July was weaker than expected on headline — 0.0% (unched) month over month, down from the +1.0% expected — but bring some reassurances upon deeper examination. This follows an upwardly revised +2.2% for June. However, stripping out vol
Wednesday, August 24, 2022Preliminary Durable Goods Orders for July was weaker than expected on headline — 0.0% (unched) month over month, down from the +1.0% expected — but bring some reassurances upon deeper examination. This follows an upwardly revised +2.2% for June.
In this video, I will be going over Intel's (NASDAQ: INTC) new agreement that will see it and Brookfield Asset Management invest up to $30 billion in chip factories in Arizona.
Wall Street was on track for a muted open on Wednesday as recent economic data fueled fears of a slowdown ahead of the U.S. Federal Reserve's annual conference this week.
One of the most important reasons to avoid investing in semiconductor stocks is because of industry cyclicity. As technology trends ebb and flow, spending on chips in the global economy can be highly volatile. A couple of years of boom time can be followed by sales droughts -- le
What happened
It's Tuesday afternoon -- still roughly 28 hours to go before semiconductor giant Nvidia (NASDAQ: NVDA) reports fiscal second-quarter 2023 earnings. But even before the news has arrived, Nvidia stock is heading higher today.
The tech-heavy Nasdaq edged higher in choppy trading on Tuesday supported by megacap growth stocks on cautious hopes that the Federal Reserve will not be as aggressive in raising rates following weak U.S. business activity data.
There is tons of fear surrounding the future of semiconductor stocks. Today's video focuses on VanEck Semiconductor ETF (NASDAQ: SMH), nine of its top holdings, and numerous data points that show why things aren't as bad as many think. Check out the short video to learn more, con