Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 89 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 63%

Nvidia أخبار

Revenue Growth

Nvidia has once again turned out quarterly results that easily exceeded Wall Street's forecast s. The company has seen soaring demand for its semiconductors,...

Revenue more than doubled in the latest quarter from the same period a year earlier, Nvidia said Wednesday. The company expects further revenue growth in the current quarter that ends in October. Investors will be watching to see if demand for the company's products can maintain its red-hot pace.

The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here's a look.Nvidia’s total market value as of the close Wednesday. It's ahead of Microsoft but behind Apple in the battle for most valuable company. One year ago, the company's market was around $1.15 trillion.Gain in Nvidia's stock price so far this year as of the close of trading Wednesday.

Nvidia's revenue from its data center business for the quarter ended July 31, up 154% from a year ago. Overall revenue rose 122% from a year ago to $30 billion. By comparison, revenue growth for all the companies in the S&P 500 is expected to be about 5% for the latest quarter.Nvidia's estimate for overall revenue in the third quarter, “plus or minus 2%.” That translates to a range of $31.85 billion to $33.15 billion, compared to Wall Street's estimate of $31.7 billion.

A New Jersey man vacationing with his family in Pennsylvania drowned in the Delaware River while rescuing two of his children who were struggling in the water, authorities said. Baruch Ber Ziemba, 39, of Lakewood, was visiting the Delaware Water Gap National Recreation Area with his wife and seven children, according to rangers with the National Park Service. Ziemba jumped into the water and got the children to safety before he was dragged by a wave, the rangers said.

McFall was one of only two flag bearers, along with French sailor Damien Seguin, to represent the whole Paralympic games.VANCOUVER — The president of the union local for B.C. HandyDART workers says a withdrawal of the transit service in Metro Vancouver is "imminent" as it prepares to serve a 72-hour strike notice.Toronto, Ontario-- - SPARQ Systems Inc.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

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.

Wall Street eyes Nvidia results, SMCI stock tumbles: Yahoo FinanceNvidia (NVDA) will report its second quarter results this afternoon. The stock's rally has been driving the market gains, so Wall Street will closely watch...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Wall Street quiet as markets await Nvidia's latest earnings reportNEW YORK (AP) — Stocks are mostly unchanged in light trading as investors look ahead to an eagerly anticipated earnings report from the semiconductor company Nvidia, whose chips power AI applications. The S&P 500 slipped 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Stock market today: Wall Street hovers around records ahead of Nvidia earnings and inflation dataNEW YORK (AP) — Wall Street is hovering around record highs at the start of a week featuring another full slate of corporate earnings and the government’s...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Wall Street is still bullish on Nvidia ahead of Q2 earningsSixty-six Wall Street analysts have a Buy rating on Nvidia (NVDA) ahead of the chip giant's second quarter earnings due out Wednesday, August 28. Should...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »