Nvidia, S&P 500 and Dow
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Nvidia reported record revenue for the third quarter of $57.0 billion, up 22% from the previous quarter and up 62% from a year ago. Following the release of the AI chipmaker's earnings reports, US stock index futures experienced a general increase in trading on Wednesday,
Just before Nvidia reported earnings, we noted that its revenue beats had been getting smaller in recent quarters. The latest results broke that pattern. Nvidia exceeded revenue expectations by $2.18 billion in the October quarter,
Major stock indexes ended sharply lower to begin the week, which will see AI darling Nvidia and retail giants report quarterly results, as well as the release of the September jobs report delayed because of the U.
Stocks closed markedly lower on Tuesday as fears of a bubble in artificial intelligence technology hammered markets for a fourth consecutive trading day.
The Dow Jones Industrial Average is climbing Wednesday afternoon with shares of NVIDIA Corp. and Cisco leading the way for the blue-chip average. The Dow was most recently trading 120 points higher (0.