Nvidia’s revenue blows past Wall Street expectations
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Nvidia reported fiscal first-quarter results after Wednesday's closing bell. Investors will be looking to see how new products and partnerships are contributing to the business.
U. S. equity futures traded slightly lower on Thursday as investors absorbed another set of blockbuster earnings from artificial intelligence chip leader Nvidia (NASDAQ:NVDA) while continuing to monitor developments surrounding the conflict between the United States and Iran.
Nvidia Corp. (NASDAQ: NVDA) reported first-quarter 2027 results that any other company in the S&P 500 would frame as a generational quarter. Revenue of $81.6 billion topped consensus by $2.8 billion.
Yet shares were down about 2% in midday trading Thursday as the major stock indexes slid. “With a pretty muted initial post-market reaction, it once again seems the market demands perfect from the largest company in the world,
Nvidia delivered another blockbuster quarter with earnings that topped Wall Street projections. So why isn't the stock getting a boost?
Jefferies credited the accelerating uptake of Blackwell chips for Nvidia’s strong Q1 performance, while raising the price target for NVDA stock to $300 from $275 and keeping a ‘Buy’ rating.
Analysts are increasingly bullish heading into the AI chipmaker's earnings report after the market close on Wednesday.
The chip giant, the stock market's most-valuable and closely watched company, reported its latest quarterly results Wednesday, beating expectations for EPS and saes. That report, plus its outlook and conference call,
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.
Some investors fear Nvidia stock has peaked. That could be a costly error.
Semiconductor stocks just muddled through their worst two-day stretch since March.