US stocks close sharply higher, Nvidia higher

Strategists in a Reuters poll say the S&P 500 will eke out only marginal gains between now and year end. – AFPpicUS stocks ended sharply higher on Wednesday as shares of Nvidia gained ahead of quarterly results from the company whose chips are widely used for artificial intelligence computing.

It forecast third-quarter revenue above Wall Street targets. Other tech companies jumped in after-hours trading as well including Microsoft, which was last up about 2%. Nvidia is part of the so-called Magnificent Seven group of megacap stocks including Apple and Tesla that have powered the S&P 500's sharp gains this year.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tech stocks boost Nasdaq and S&P 500, Dow also higherNEW YORK: The Nasdaq ended more than 1% higher and the S&P 500 also rose on Monday (Aug 21), with shares of Nvidia jumping as investors were optimisti...
مصدر: theSundaily - 🏆 25. / 51 اقرأ أكثر »

Nvidia shares drop from record high, tracking market fallNEW YORK: Nvidia shares fell from an all-time high on Tuesday (Aug 22), moving in line with the overall market sluggishness, but investors are still o...
مصدر: theSundaily - 🏆 25. / 51 اقرأ أكثر »

Nvidia earnings will be major test for AI demand, market rallyBENGALURU: Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday (Aug 23). Thei...
مصدر: theSundaily - 🏆 25. / 51 اقرأ أكثر »