Nvidia Corp. (NVDA) on Wednesday reported fiscal first-quarter profit of $58.32 billion.
Shares of Nvidia (NVDA) fell in extended trading on Wednesday after the artificial intelligence chipmaker issued a quarterly revenue forecast that, while above Wall Street expectations, failed to fully satisfy investors accustomed to the company significantly outperforming estimates. Nvidia reported record first-quarter fiscal 2027 revenue of $81.6 billion, up 85% year over year and 20% sequentially.
Paulina McPadden, investment manager of international concentrated growth strategy at Baillie Gifford, discusses where Nvidia sits in the global chip ecosystem and why US-based AI researchers and companies still have a leg up for the long-term over China, while still seeing a "rich hunting ground" for AI investment outside of the US. She joins Ed Ludlow on "Bloomberg Tech.
Hedge fund manager Gavin Baker, founder and CIO of Atreides Management, offered a counterintuitive framing of the AI trade on a recent appearance on Patrick O'Shaughnessy's Invest Like the Best program.
Nvidia reports fiscal first-quarter results after the bell on Wednesday. CNBC's Kristina Partsinevelos breaks down how the company's stock has performed following previous earnings reports.
The market has already minted a baker's dozen of trillion-dollar companies, but Wall Street may soon witness an even stranger situation: One entrepreneur's personal fortune rivals — or even exceeds — the value of the world's largest public company That possibility no longer sounds far-fetched to billionaire investor Ron Baron.
Semiconductor stocks just muddled through their worst two-day stretch since March.
Pre-market futures are up this morning, filling in some holes from Tuesday's session that closed in the red. Major indexes are fighting back to all-time-high levels (on the S&P 500 and Nasdaq) last week, but are still working off the slide ahead of Monday's open.
Chris Versace sets the table for Nvidia's (NVDA) earnings ahead of the Mag 7 giant's report after Wednesday's closing bell. He favors the stock and explains why Nvidia will be a long-term disruptor as use cases for AI develop.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) reports first-quarter results after the close on Wednesday, and analysts have a long list of things they want to hear about -- from a potential blockbuster buyback to the rollout of its next-generation chips. Wedbush fully expects Nvidia to again exceed estimates and guide above consensus.
Ahead of earnings, NVDA's short-dated calls are trading at a premium to puts.
Nvidia (NASDAQ:NVDA | NVDA Price Prediction) has been on quite the investment spree in the past year, and while much of the AI bets and partnerships have begun to bear fruit after the latest run in AI-related names, questions linger as to how all these “circular” bets change the risk/reward profile of the world's largest company.