The Nvidia effect on markets: Asking for a Trend

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 101 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 63%

Nvidia News

Julie Hyman,Jared Blikre,Josh Lipton

On today's episode of Asking for a Trend, hosts Julie Hyman and Josh Lipton delve into Nvidia's (NVDA) first quarter earnings beat and explore its effects on...

Public Ventures President and Chief Market Strategist Lou Basenese also joins the discussion to share his insights on the critical factors thatLet's recap the numbers here.4 billion during the quarter against estimates of 24.69 and adjusted earnings per share.And we are also announcing a 10 for one forward stock split and boosting its dividend by 100 and 50%.The company has added more than a trillion dollars to its valuation this year, thanks to its soaring stock price.

If they just iterate and add a little A I somewhere, it has a magnet magnified impact on loyal, satisfied group.Are you sort of looking ahead to that software show for Apple?I think that's the first step for Apple, but it's gonna continually and perpetually underwhelm people, right? I don't want to start rumours, but typically you do want to have those lower price tags for these consumer facing stocks.Now let me check in on some of the other semiconductor stocks that are trending here.So little rectangles that, uh, show you what's been happening in the after hours.NVIDIA shares rising after reporting first quarter earnings.They clocked in at $6.12.

To us what I just said in terms of their own customers competing with them, their own customers reaching a point of saturation at some point means that there's gonna be a point next year where revenue starts declining sequentially.Hard to recommend a stock when you expect that to happen as soon as next year.

And so Gill and I am interested I If valuation isn't attractive here, if it's not supportive, in your opinion, what what is fair value?Because what I'm describing is next quarter is gonna be great. But I just wanna go over the gaming business real quick, because now they're referring to it as gaming and a i PC.They're all talking about this new generation of P CS a IP CS Microsoft.Now invidia pointing to a IP CS they wanna get in on that action as well.And I just want to point out the the revenue share, uh, for the company.This is a company that was all about gaming cars just a few years ago.

And And one more thing that, um that, uh, we noticed in the release here is that Jensen points out, um, who are the customers for Data centre, which is important here.Generative A. I is expanded to consumer Internet companies, enterprise sovereign I automotive and health care customers.And as Dan and I talked about off air, that's important because there was concern.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia's growth trajectory, AI broadening out: Asking for a TrendOn today's episode of Asking for a Trend, Yahoo Finance's Julie Hyman and Josh Lipton focus on Nvidia (NVDA). Host Julie Hyman dissects the heightened...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia impact on markets, Grayscale CEO resigns: Asking for a TrendOn today's episode of Asking For A Trend, host Julie Hyman covers a diverse range of topics spanning market dynamics to succession plans. As anticipation...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks close lower after Fed minutes with Nvidia earnings on deckStocks face two big tests in Nvidia's pivotal earnings report and minutes from the Federal Reserve's last meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks take leg lower after Fed minutes with Nvidia earnings on deckStocks face two big tests in Nvidia's pivotal earnings report and minutes from the Federal Reserve's last meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Markets today: U.S. futures steady as Nvidia results grab spotlightU.S. equity futures pointed to a steady open for Wall Street as investors awaited pivotal earnings from Nvidia Corp. to see if the artificial intelligence powerhouse can keep this year’s equity rally going.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: US futures slip as wait for Nvidia earnings nears its endStocks face two big tests in Nvidia's pivotal earnings report and minutes from the Federal Reserve's last meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »