After waiting with the full breathing, Wall Street absorbs the last Nafidia profits

NVIDIA Corp. Outside the company’s headquarters in Santa Clara, California, on November 19, 2024.

Wall Street rarely has a single company profit report as a moment of manufacture or superiority in the wider market.

Nafidia, the chips maker who turned his main role in the global smart armament race to one of the most valuable companies in the world, informed its long -awaited quarterly results on Wednesday. Revenue from $ 39.3 billion, an increase of 78 % by 78 % for the quarter that ended in January and before analysts’ expectations.

But for many investors and analysts, the financial statements of the profitable company reveal more than just NVIDIA operations. Many are likely to notice the data of the creative chips maker on Wednesday, indicating the slowdown of margin growth.

The importance of the chips giant is due to two main factors: its great evaluation (this means that the price of its share can be highly weighed on the market as a whole, including the industrial average of the industrial average) and its role in the artificial intelligence sector (which is now being treated greatly in the broader American economic growth).

Before profits, Dan Evez, administrative director and upper stock research analyst at Wedbush Securities, said it would be a “huge day” for global markets that are looking to “measure the path of demand for the revolution of artificial intelligence.” Among the most crowds focused on financing and technology, profits caused enough to excite some jokes in the tongue.

As if emphasizing how the NVIDIA share price decreased, the NVIDIA share price is higher, then decreased and then again in the minutes immediately after the report appears. As of approximately 5 pm East time, the stocks rose by about 2 % in terms of closed on Wednesday afternoon.

The technology companies with brands that are looking to build the capabilities of their Amnesty International Frames of the NVIDIA graphics unit (GPU) of the pile-which is a spray to buy a turbocharged price of the company’s share price. Between the beginning of 2023 and the end of 2024, NVIDIA shares rose about 880 %, making it at the time the American company the most valuable for the public, with the basic capital exceeding 3 trillion dollars. Thanks to that mutation, NVIDIA is now the second important component of the S&P 500, only Apple.

NVIDIA profits are largely examined as a measure of the economy as a whole, which has been growing during the past two years to a large extent through investments in artificial intelligence and data center. However, NVIDIA shares have so far decreased by 5 %, heading to their profit report amid increasing doubts about whether global investment in artificial intelligence can continue.


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