Nvidia Earnings Live: Results Top Expectations on Booming Demand for AI; CEO Huang Says DeepSeek 'Ignited Global Enthusiasm'
Huang Says Deepseek ‘Ignited Global Enthusiasm’
13 hr 11 min ago
CEO Jensen Huang said demand for AI inference is only accelerating as new AI models emerge, to Nvidia’s benefit, with a shoutout to Chinese startup DeepSeek’s R1, among others.
Traders Expect a Big Nvidia Stock Move After Earnings—Here's How Much
Nvidia (NVDA) stock rose nearly 4% on Wednesday ahead of the release of the AI chip giant’s hotly anticipated fourth-quarter earnings report after the closing bell.
Nvidia holds the record for both the largest one-day increase and decrease in market value, and options traders on Wednesday were positioning themselves for another sizable move in the stock in the coming days.
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Read MoreNvidia Posts Another Strong Earnings Report. What to Know, by the Numbers
Wall Street once again fixated on an earnings report from Nvidia, the main player in the artificial intelligence mania. The chipmaker reported earnings after the bell Wednesday that topped analyst forecasts, and shares added 2% in after-hours trading, perhaps indicating that Wall Street quietly hoped for even better results.
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Read More5 things to know before the stock market opens Thursday
- The S&P 500 end its four-day losing stretch — barely.
- Nvidia beat Wall Street’s top- and bottom-line expectations for the fourth quarter.
- A recession indicator closely watched by the Federal Reserve is flashing warning lights.
Here are five key things investors need to know to start the trading day:
1.
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Read MoreStock market today: Wall Street rallies, and Dow jumps 600 to make a dreary February not so bad
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — U.S. stocks rallied on Friday to close out their dreary February on a brighter note.
The S&P 500 jumped 1.6% to trim its loss for the month, enough to make it the worst only since December instead of since April.
Read MoreThe Burst
75% Upside in Docusign Share Price?
Shares of electronic signature software provider DocuSign (NASDAQ:DOCU) tumbled by a remarkable 42 percent following the company’s Q3 report. The massive selloff eradicated nearly $20 billion in overall value. Since the the stock has lost another 15% in value. However, following this shock, many investors are wondering whether DocuSign could now be undervalued.
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Read MoreThe Ivy
Buffett Bets $66 Billion On Stock (Not Apple)
Since 2018, Warren Buffett and Charlie Munger have been acquiring shares of a company that is not disclosed in Berkshire Hathaway 13F filings. In its most recent disclosures, Berkshire revealed it had bought shares of Apple, Louisiana Pacific and Paramount Global, while dumping shares of Taiwan Semiconductor, US Bancorp, Bank of New York Mellon, Chevron,
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