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Asian Stocks Rise on Blockbuster Nvidia Earnings
Nvidia’s revenue more than doubled and its upbeat forecast lifted tech hardware shares, while traders also weighed firmer U.S. inflation data.
Summary by The West Australian
8 Articles
8 Articles
Two topics dominate the market in Asia: the new quarterly figures of the chip group Nvidia and the US inflation data. The indices are mixed.
Asian stocks rise for third day as Nvidia beats
By Gregor Stuart Hunter SINGAPORE, Aug 27 (Reuters) - Stocks rose at the start of the Asia-Pacific trading session on Thursday as Nvidia's latest earnings report beat estimates, lifting tech hardware manufacturers and reviving investor confidence after...
Asian technology stocks are leading several major indexes higher on Thursday, following blockbuster earnings from US chip giant Nvidia, which on Wednesday beat already sky-high expectations and launched massive growth forecasts for the coming year.
Coverage Details
Total News Sources8
Leaning Left0Leaning Right4Center2Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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