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The bulk of that revenue came from Nvidia’s all-important data center business, which brought in $26.3 billion in the quarter versus Wall Street's expectations of $25 billion in revenue.
Through the year’s first six months, Nvidia’s stock price soared nearly 150%. At that point, it was trading at a little more than 100 times the company’s earnings over the prior 12 months.
As of 11:40 a.m. ET, Nvidia shares were up by 5.3%. But it wasn't just the Fed rate cut that had investors pouring into Nvidia stock today. New industrial revolution.
When Nvidia announced eye-popping earnings on Wednesday with three-digit year-over-year growth, it was easy to get caught up in the excitement. The company brought in $13.5 billion for the quarter ...
Nvidia stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting first quarter earnings that once again ...
But there are other growth declines on the horizon. For example, analysts expect Nvidia to generate $110.5 billion worth of revenue in its current fiscal year, up just over 81% from its year-ago ...
On Feb. 22, 2024, Nvidia's stock performed one-day heroics probably never matched in the annals of capitalism. By 10 a.m., its shares had soared almost 15%, lifting its market capitalization to $1 ...
Nvidia stock could see a $298 billion swing in market value after its second-quarter earnings report. Goldman Sachs said options-pricing data suggested a 9% move in Nvidia's stock in either direction.
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