This is a Nvidia news story, published by Investor's Business Daily, that relates primarily to AI news.
For more Nvidia news, you can click here:
more Nvidia newsFor more tech giants news, you can click here:
more tech giants newsFor more news from Investor's Business Daily, you can click here:
more news from Investor's Business DailyOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech giants news, you might also like this article about
Nvidia stock. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Dow Jones Futures Today news, Dow Jones Futures news, tech giants news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Nvidia EarningsInvestor's Business Daily
•80% Informative
Nvidia earnings soared 461% with revenue soaring 262% , the fourth straight quarter of triple-digit growth for both.
The AI chip leader guided higher on Q2 revenue, though not by the same margin as before.
The stock market rally retreated slightly heading into Nvidia 's results, in part due to somewhat-hawkish Fed minutes from the April 30-May 1 policy meeting.
If the market reacts positively to Nvidia results, there could be a number of buying opportunities on Thursday and the days ahead . But a downside reversal could trigger heavy selling. With consumer, commodity and some infrastructure plays taking hits recently, the market rally could ill-afford to see weakness in AI . So investors need to be prepared. Have your watchlists ready, with special attention to your prime targets. But have your exit strategies in place as well. Read The Big Picture every day to stay in sync with the market direction and leading stocks and sectors. YOU MAY ALSO LIKE:.
VR Score
84
Informative language
91
Neutral language
30
Article tone
formal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
31
Source diversity
6
Affiliate links
no affiliate links