Nvidia ended up beating estimates for its 2025 first-quarter, posting revenue of $26 billion and adjusted earnings of $6.12 per share .) prices are moving on this news as experts look ahead to how the Senate will vote on this if it passes through the House.We're joined by Jared Bli to get you up to speed on the action from today's session.
Remember it closed at a record yesterday, but pulling back a little bit into its earnings that are coming in just a little while here as we talked about it earlier, the shares up some 92% year to date.So let's get to our sector action where tech was just barely holding on to some gains here.Health care, industrials, communication services also rounding out uh some of the the leaders here but not by a lot.XL U that's utilities taking a downbeat and discretionary also down about 1%.
So really, it's the two of the hyper scale that have done very well and have shown how they're going to make revenue with this, you know, this new technology, which is artificial intelligence, whereas meta came out and said we're spending this much, but we'll tell you about the revenues later.
So when you think about big tech that hasn't appreciated the their potential in artificial intelligence, Apple likely falls into that category and you only have to wait until June to find out what that means to you.Art because we got those fed minutes today as well.Do you think there's a chance there could still be a hike in rates?I think that we've seen the trajectory of inflation um starting to slowly work in the right direction, right.
So if you look at those synopsis numbers for the full year now, expecting 6.09 billion to $6.15 billion in revenue, 6.57 to 6.63 is what was estimated there.And the company also for its second quarter, its earnings per share did beat estimates at $3 and revenue did rise 4.3% roughly in line with estimates at $1.45 billion.
They might mention A I, you don't know, they certainly could, maybe you can try, maybe you can try and close with A I, I don't know.The van's owner coming out with those numbers and speaking of which van is expected to be weak here. Yeah, just quickly here, I'm looking at the division breakdown vans revenue in the fourth quarter down 26% north face revenue down by 5%.Thursday, May 23rd starting off on the earnings front.
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