moved 0.39% lower to close at 41,091.42. The pullback was pressured by Nvidia's 2.1% drop as Wall Street anxiously awaited the semiconductor's quarterly results after the bell. That led to information technology falling 1.3% in the session. Follow, the AI darling earned an adjusted 68 cents per share on revenue of $30.04 billion. According to LSEG, analysts expected 64 cents per share on $28.7 billion in revenue.
That allowed it to hit the $1 trillion mark in market cap, according to FactSet. That "is a testament to the firm's financial strength and franchise value," said CFRA Research's Cathy Seifert. "This is significant at a time when Berkshire represents one of the few remaining conglomerates in existence today."The logos of Super Micro Computer are pictured at one of the world's largest computer and technology trade shows.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »