The market is in the green Thursday, and the S&P 500 was flat for the day by the close after pulling close to an all-time high. Nvidia fell 6% for the day, but the market did not feel it as it normally does. Just past the 4 pm ET close, the$S&P 500 Index (.SPX.US)$traded exactly flat for the day, the$Dow Jones Industrial Average (.DJI.US)$climbed 0.59%, and the$Nasdaq Composite Index (.IXIC.US)$fell 0.23%. MACRO Thursd...
$NVIDIA (NVDA.US)$reported its fourth consecutive quarter of triple-digit revenue growth, surpassing estimates and issuing a strong forecast. The company also announced a $50 billion share buyback plan. Despite this, the stock dropped 7% in extended trading. Why Shares Dropped After Hours Despite Beating Expectations Nvidia, buoyed by the AI boom, has reached a $3 trillion market cap, second only to$Apple (AAPL.US)$. The comp...
10baggerbamm
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Blackwell begins to ship late Q3 resulting in several billion dollars for Q4 Blackwell is the highest margin of any other product line which will be fully ramped up for shipping in q1 resulting in another blowout quarter at the end of q1.
Asian indices and the Nasdaq futures index are trading in the red this morning, after Nvidia slumped more than 8% in post-market trading overnight after its forward revenue guidance for the next quarter of USD 32.5 billion failed to hit the most bullish of expectations of around USD 33 to 34 billion. Fears of manufacturing delays on Nvidia's next big cash cow - the new Blackwell processor lineup, also added to the pessimism. Nvidia's reported second qu...
S&P: 5,592.18 (-0.6%) DJIA: 41,091.42 (-0.4%) Nasdaq-100: 19,350.78 (-1.2%) Eurostoxx: 4,913.03 (+0.3%) U.S. crude futures: 74.52 (-1.3%) U.S. stocks saw a pullback on Wednesday before Nvidia released its earnings after market close. Earnings for the quarter came in modestly above expectations to which its shares fell 7% in extended trading. The S&P 500 fell 0.6% as tech stocks weighed on the ...
The market fell Wednesday ahead of Nvidia earnings, and Nvidia fell after hours despite beating estimates: The firm's forward projections were below the highest of estimates. Traders are waking up to a more complicated market on Thursday. Index prices reflected traders holding their breath. Just before 4 pm ET, the$S&P 500 Index (.SPX.US)$traded -0.60%, the$Dow Jones Industrial Average (.DJI.US)$fell ...
Good morning, traders. Happy Wednesday, August 28th. The market is pulling back crookedly before Nvidia earnings after closing tonight. We will work as fast as possible in the News Room to bring you Nvidia's results as soon as they drop; tune in live for the earnings call tonight. Analysts tracked by Bloomberg expect adjusted earnings of $0.65/share on revenue of $28.86B; we will update you on the estimates and numbers througho...
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