Nvidia, reversal in markets
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Nvidia, Earnings Attest
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Wall Street forecasts another booming quarter of growth for Nvidia’s AI chip business. Here are the crucial numbers to watch when the tech giant releases results after the market close on Wednesday: Revenue: Expected to rise 56% from a year earlier to $54.
Computer chip maker Nvidia is at the head of the artificial intelligence revolution. Its results are a positive sign of where markets — and the economy — could go next.
Michael Burry of "The Big Short" fame once again went after Nvidia over its chips' longevity, its stock dilution, and "give-and-take deals" in AI.
Another analyst agreed. Thomas Monteiro, a senior analyst at Investing.com, said Nvidia’s data demonstrates the AI era is “nowhere near its peak.”
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Nvidia Leads Rise In Stock Futures As Chipmaker’s Blockbuster Earnings Ease AI Bubble Fears
Nvidia’s earnings report crushed analysts’ forecasts and tamped down on the market’s fears of an AI bubble bursting.
Exchange-traded funds that invest in semiconductor stocks were under pressure Thursday, as Nvidia Corp. shares turned lower despite the company’s stronger-than-expected earnings. The iShares Semiconductor ETF and VanEck Semiconductor ETF,
CFO John David Rainey told CNBC that Walmart won over "value-seeking" customers from varying income brackets. While the company saw an impact from the SNAP pause during the government shutdown, Rainey said the retailer is seeing a "rebound" as funds begin to be distributed again.
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5 biggest takeaways from Nvidia's Q3 earnings — from the AI bubble to new Saudi partnerships
CEO Jensen Huang addresses the AI bubble and highlights Nvidia's new partnerships with Anthropic, OpenAI, and xAI.