Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike

) stock rose 9.3% on Thursday, closing above $1,000 for the first time and giving the chip giant a market cap north of $2.5 trillion after reporting

Analysts were expecting adjusted EPS of $5.65 on revenue of $24.69 billion, according to data from Bloomberg. The company reported adjusted EPS of $1.09 on revenue of $7.19 billion in the same quarter last year.In the current quarter, Nvidia expects revenue of $28 billion, plus or minus 2%. That’s better than the $26.6 billion analysts had expected.

NVIDIA's CEO Jensen Huang displays products on-stage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, Calif., on March 18, 2024. Nvidia issued its first quarter results on Wednesday afternoon, beating Wall Street expectations and announcing a 10-for-1 stock split. KeyBanc Capital Markets Equity Research Analyst John Vinh joins Morning Brief to explain how Nvidia "met the bar" and what it will take for the chip giant to build on its success.

A new survey from Mazda Canada has found that despite misconceptions about aging, Gen X and Baby Boomers are showing no signs of slowing down. In fact, they're embracing a sense of adventure and taking on new challenges. -- Alibaba Group Holding Ltd. is seeking to raise $4.5 billion from a convertible bond sale, following a $1.75 billion offering by rival Chinese online retailer JD.com Inc. this week.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks, Nvidia earnings on Wednesday, retailers: 3 ThingsAfter last week's historic record highs, markets (^DJI, ^IXIC, ^GSPC) are patiently waiting on the minutes from the most recent Federal Reserve meeting. Chip...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Nvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hikeNvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom line, while raising its...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Nasdaq, S&P 500 pop as Nvidia galvanizes stocksNvidia's blockbuster earnings have fired up optimism for AI's ability to fuel growth, eclipsing rate-hike worries for now.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »