NVIDIA’s founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18, 2024. Josh Edelson | AFP | Getty Images Nvidia shares fell 4.63% in U.S. premarket trade on Thursday, as the company’s fiscal second-quarter gross … Read more
The Nvidia logo at Computex in Taipei, Taiwan, on June 5, 2024. Ann Wang | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What … Read more
As Nvidia shares tumbled after the company reported earnings, CNBC’s Jim Cramer on Wednesday reminded investors that it’s important to own stocks in a variety of sectors, even ones that may not presently see huge gains. Owning a diverse group of stocks helps investors stay in the market when one stock or sector takes a … Read more
A sigh of relief is in order. Salesforce shares jumped more than 4% in extended trading Wednesday after the enterprise software giant beat sales and earnings expectations in the second quarter. The company may have maintained its full-year revenue outlook, but that was taken as good enough after last quarter’s debacle. Plus, an increase to … Read more
Shaoqing Ren, vice president, autonomous driving development, at Nio speaks about the electric company’s 5nm chip at its tech day in Shanghai on July 27, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat on another front: Chip-powered tech … Read more
Nvidia’s headquarters in Silicon Valley. Andrej Sokolow | Picture Alliance | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia reported its fourth-straight quarter of triple-digit revenue growth on Wednesday, sailing past estimates on the top and bottom line while also issuing a … Read more
CFOTO | Future Publishing | Getty Images Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback. The computer chip giant announced the share repurchase as part of its fiscal second-quarter earnings, in which it reported earnings and guidance that surpassed Wall Street expectations. Nvidia returned $15.4 billion to shareholders … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets pullback : Stocks were selling off Wednesday after a handful of earnings-related disappointments in retail and weakness in big tech. Some of the weakness in … Read more
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia reports second fiscal-quarter earnings Wednesday after the bell. Here is what Wall Street expects from the chipmaker in the quarter ending in July, according to LSEG estimates: Earnings per share: 64 cents adjusted … Read more
