US EditionWall Street Still Loves Nvidia After Incredible Earnings Report
Nvidia's $57 billion Q3 revenue and $65 billion guidance eased AI chip demand concerns, driving a Nasdaq-led tech rally and lifting major U.S. indexes.
- On Thursday, Nvidia's third-quarter earnings revived investor confidence in the AI trade as major U.S. stock market indexes surged, snapping a four-day losing streak.
- Nvidia, seen as a bellwether, soothed worries about AI chip demand after confidence in the AI trade had waned in recent weeks as investors fretted over valuations and capex.
- The Jensen Huang-led firm reported $65 billion in revenue and $51.2 billion from its data-center business, surpassing $61 billion guidance.
- Markets responded with gains, including the S&P 500 Index jumping 1.6%, the Nasdaq 100 Index advancing 1.9%, the Magnificent Seven basket rising 2.3%, and the Philadelphia Stock Exchange Semiconductor Index rallying 2.8%, while the Cboe Volatility Index fell to 19.6.
- Analysts warned that concerns about an AI bubble remain, with David Rosenberg calling it `a bubble of epic proportions`, while Thursday's data showed 119,000 jobs added before the Fed's Dec. 9 meeting.
17 Articles
17 Articles
Here's 1 Number From Nvidia That You Shouldn't Ignore. It Says Something Momentous About the AI Giant's Growth.
Key PointsNvidia has seen earnings soar in recent years thanks to the company’s dominance in the artificial intelligence chip market.The tech giant reported quarterly earnings this week, and once again surpassed analysts’ expectations. 10 stocks we like better than Nvidia › One of the most eagerly anticipated events of the past few weeks just unfolded. Nvidia (NASDAQ: NVDA) offered investors a glimpse into how it's faring in the artificial intel…
* Nvidia reports record revenues of 57 mmdd and anticipates to exceed 65 mmdd, driven by global demand for AI chips. * The peso closed at 18.40 per dollar; the investment in AI already totals 319 mmdd in 2025 and could reach 551 mmdd by 2026. Mexico City.— The initial enthusiasm for Nvidia's results—today the most valuable company of the S&P 500 for market capitalization—disappeared in a matter of hours. The publication of the US employment repo…
Nvidia’s post-earnings rally fizzles
Nvidia erased its post-earnings stock rally on Thursday, as fears of AI overvaluation crept back up. The US chipmaker’s blockbuster report Wednesday temporarily calmed investors jittery about an AI bubble, but analysts said the strong demand for its AI processors doesn’t address questions about the payoff from Big Tech’s spending boom on data centers. Nvidia earnings aren’t “a reliable gauge of whether AI economics are truly maturing across the …
Did Nvidia save the AI trade? Stocks are falling as bubble fears return.
Nvidia CEO Jensen HuangJOSH EDELSON/AFP via Getty ImagesNvidia's Q3 earnings briefly revived investors' confidence in the AI trade.Tech and chip stocks jumped in the morning but fell as optimism on the AI trade waned.Analysts say concerns about an AI bubble still linger.Nvidia breathed new life into the stock market's sagging AI trade — for a few hours, at least.The tech sector rebounded early Thursday as investors took in the chipmaker's blockb…
Wall Street Still Loves Nvidia After Incredible Earnings Report
Quick Read Just last night, Nvidia posted EPS of $1.30, which beat estimates by four cents. Revenue of $57 billion, up 62.5% year over year, beat by $1.91 billion. Analysts at Deutsche Bank upgraded shares of crypto exchange stock, Bullish, to a buy rating with a price target of $51 a share. Analysts at Bank of America just reiterated a buy on PANW, citing strong financials across a majority of Palo Alto’s business. Are you ahead, or behind …
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