NVIDIA's sales for the first fiscal quarter were 26 billion dollars, significantly exceeding analysts' expectations of 24.69 billion dollars, of which data center sales were 22.6 billion dollars, which also exceeded market expectations of 21.13 billion dollars, and rose 5% once after the plate.
Also, according to the financial results report, NVIDIA's gross profit margin for the same quarter was 78.9%, which greatly exceeded analysts' expectations of 77%. The company anticipated second-quarter sales of 28 billion dollars (plus or minus 2%), which exceeded market expectations of 26.8 billion dollars.
NVIDIA also announced that it will implement a stock split of 10 shares per share, and that dividends after the split will increase 150% to 0.01 dollars per share.
Nvidia hit a record high closing price of $953.86 on Tuesday and fell 0.5% on Wednesday to surpass the S&P 500 and Nasdaq, which have accumulated profits of nearly 92% so far this year and have risen substantially more than 11%.
The company's total market value had a huge rebound of almost 750 percent last year, when Microsoft and Apple ranked 3rd in the US stock market from a low stock price point in 2022/10, then jumped to 2.3 trillion dollars, and then jumped 240% in 1 year...

Since the approval of Bitcoin spot ETFs earlier this year, investor interest in Bitcoin has surged during the cryptocurrency rally. Traditional financial institutions are eager to participate in this burgeoning market. Beyond the widely embraced Bitcoin spot ETFs, the prospect of facilitating direct Bitcoin transactions is also being considered. Reports indicate that the Chicago Mercantile Exchange (CME) intends to...

Good morning to all Moomoo users!Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 38,400 yen - 38,800 yen (closing price on the 15th 38,385 yen 73 sen)
● US bond yields fell sharply, and the probability of interest rate cuts until September was over 80% - in response to CPI
● US and European stocks hit new highs Expectations for interest rate cuts as inflation decelerates
● First confrontation between Biden and Trump, TV debate on CNN on 6/27
● The yen rose to the latter half of the 154 yen range against the dollar, and US interest rates are expected to fall due to CPI and retail sales
● Berkshire discloses $6.7 billion shareholding in Sompo Chubb
●Cisco's Strong Sales and Profit Outlook - Suggests Customers Resume Investment
● Meme Stocks, Individual vs. Pro Battle Act 2 (NY Express)
● The yen rose to the latter half of the 154 yen range against the dollar, and US interest rates are expected to fall due to CPI and retail sales
● Listed companies expect a 4% decrease in profit for the current fiscal year
●Net profit for the current fiscal year of 3 mega silver is 3.3 trillion yen - the highest profit was updated due to interest rate hikes
-MooMoo News Amelia
Market Overview
In the US stock market on the 15th, the NY Dow Jones Industrial Average was 349 dollars 89 cents compared to the previous business day...

Having so much money that you don't know how to use it used used to be a big problem. Now that's just a problem.
The biggest tech companies in the world are also among the richest. The parent companies of Apple, Amazon, Microsoft, and Google and Facebook currently hold over 570 billion dollars in combined short- and long-term cash investments. According to data from S&P Global Market Intelligence, this is more than double the sum of the five richest non-financial companies in the S&P 500 index.
This is mainly due to the business model of selling widely used products and services without incurring the exorbitant fixed costs that are common in other industries. Apple, Microsoft, and Alphabet each generated more than 100 billion dollars in cash from operations last year. Oil giant ExxonMobil's operating cash flow for the same period slightly exceeded 55 billion dollars.
That's a huge amount of capital that must be put into work. Regulators in the US and around the world are drawing attention for their determination to stop big tech from becoming huge...