Latest / Investopedia Markets News (all except PF)
Nvidia Stock Is Rising. Investors Still Buy the Growth Story.
Nvidia guided investors toward $108 billion in Q3 revenue.Credit: Getty ImagesKEY TAKEAWAYSNvidia shares rose after the company reported stronger-than-expected second-quarter sales and earnings.The company’s third-quarter revenue guidance of $108 billion exceeded Wall Street’s $105 billion estimate.Investors still want in on AI—or, at least, Nvidia’s piece of it.The latest data point is the Thursday-morning action in shares of Nvidia (NVDA), which were rising 6% after the chip giant late yesterday reported second-quarter sales and EPS that came in higher than Wall Street expected. Investors…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.