Discover how Nvidia's earnings report and stock split sent shockwaves through the market!
Nvidia has once again proven its dominance in the tech industry as its stock soared following a phenomenal earnings report. With a staggering 461% year-over-year increase in earnings and a 262% surge in sales, Nvidia's performance in the first quarter of fiscal 2025 has left investors astounded. The announcement of a 10-for-1 stock split further fueled excitement among shareholders, solidifying Nvidia's position as an AI chip giant.
Analysts and traders eagerly awaited Nvidia's first-quarter earnings report, predicting significant movements in the company's stock price. The anticipation was well-placed as Nvidia not only beat forecasts but also raised its quarterly revenue estimates, pushing its stock price up by 4%. The AI giant's relentless growth and innovation continue to captivate the market, driving a surge in investor confidence.
Following the earnings report, Nvidia's stock price surpassed $1000 for the first time in history, riding high on the wave of AI-driven sales growth. The company's fiscal performance exceeded expectations, leading to a significant boost in extended trading. In a remarkable move, Nvidia also forecasted quarterly revenue above estimates and unveiled a stock split, propelling its shares to record-high levels and impressing both analysts and investors.
In a whirlwind of success, Nvidia's earnings report and strategic decisions have cemented its position as a powerhouse in the tech world. The company's relentless pursuit of innovation and astounding financial performance continue to set it apart in the ever-evolving market.
On a year-over-year basis, Nvidia earnings rocketed 461% while sales blasted 262% higher. Nvidia's fiscal Q1 results marked its fourth straight quarter of ...
NVIDIA today reported revenue for the first quarter ended April 28, 2024, of $26.0 billion, up 18% from the previous quarter and up 262% from a year ago.
Nvidia also reported large revenue gains in its first quarter earnings report Wednesday.
Nvidia is set to report first-quarter earnings after markets close Wednesday, with analysts and traders anticipating moves in the chipmaker's stock price ...
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its ...
Nvidia again shattered Wall Street forecasts in its anxiously awaited earnings report Wednesday afternoon, sending shares of the chip designer and ...
Nvidia reported fiscal first-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose in extended trading over the ...
Nvidia forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing ...
Nvidia shares jumped more than 6% in extended hours trading Wednesday evening after the AI darling delivered another blowout quarterly earnings report and ...
Nvidia stock has gained 540% since early last year, driven by triple-digit revenue and profit growth resulting from surging demand for AI. Yet that's just the ...
Nvidia boss Jensen Huang knows this is his moment, and he's capitalising on surging demand for his AI chips and his white-hot shares.
Nvidia announced a big dividend hike and 10 for 1 stock split with its earnings report on Wednesday.
Alongside its quarterly earnings report on Wednesday, Nvidia announced a 10-for-1 stock split in step with similar moves by other Big Tech names.
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its ...
In fiscal Q1, the tech giant continued to experience powerful demand for its products and services that enable artificial intelligence (AI) capabilities.
AI chip leader Nvidia topped even Wall Street's elevated "whisper numbers" with its fiscal Q1 results and guidance. Nvidia stock rose.
This is like “party that is just getting started”, said Gene Munster, a noted tech analyst and managing partner at Deepwater Asset Management. “The stock will ...
Nvidia's stock price has jumped 92% this year as of Wednesday, increasing the company's market value by more than $1 trillion.
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast ...
Nvidia CEO and cofounder Jensen Huang became a much richer man Thursday as shares of his semiconductor chip company that's become the poster child of the ...
Semiconductor firm Nvidia NVDA announced a 10-for-1 stock split along with its blowout first-quarter earnings results on Wednesday.
The split announcement, along with better-than-expected financial results, were just the latest in a long line of good news for Nvidia investors. Shares sprung ...
Nvidia's stock price has jumped 92% this year as of Wednesday, increasing the company's market value by more than $1 trillion.
Nvidia shares surged to a record high Thursday after the company beat earnings and revenue estimates for the fiscal first quarter. · The chipmaker also announced ...
Alongside another blockbuster earnings report, Nvidia said it planned to split its stock. Here's a look at what that means: Why is Nvidia splitting its ...
Nvidia announced a 10-for-1 forward stock split along with its blockbuster earnings report Wednesday. Stock splits increase the number of shares on the ...
CEO Jensen Huang sees demand for generative artificial intelligence training "accelerating."
Dow Jones futures: Nvidia earnings boomed and the CEO touted the "next industrial revolution." NVDA stock jumped and other AI plays rose.
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
As Nvidia shares (NVDA) increased 9.3% on the day, the S&P 500 SPX dropped 39.17 points, or 0.7%. That marked a notable disconnect by a number of measures. Read ...
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its ...
The Dow Jones Industrial Average was trading lower today, while the S&P 500 and Nasdaq Composite rose. Technology was the only major sector in the S&P 500 ...
Nvidia beat its own revenue forecast by $2 billion for the fourth consecutive quarter. There's still a very long line of customers for its current chips and the ...
Nvidia's plan to split its stock after the stunning rise in the chipmaker's share price could lure more interest from retail investors while potentially ...
U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data ...
Wall Street weighs in on Nvidia's 10-for-1 stock split and what it could mean for shares.
Dow Jones futures: The stock market rally had an ugly session, despite Nvidia surging on earnings. Deckers spiked late, signaling a breakout.