Wall Street drops again
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The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.
After mounting scrutiny of stratospheric tech investments, as well as a blackout of federal data during the longest government shutdown in U.S. history, Wall Street awaits two reports that stand to reshape its outlook for the months ahead.
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If you don't own enough Nvidia, you got to buy more here, says Main Street Research's James Demmert
Patrick Moorhead, Moor Insights and Strategy, Gil Luria, DA Davidson, Jame Demmert, Main Street Research, and Barbara Doran, BD8 Capital join 'Closing Bell Overtime' with reaction to Nvidia Q3 results.
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Marjorie Taylor Greene learning loyalty is 'one-way street' with Trump, says CNN host on 'The View'
CNN host Abby Phillip discussed Marjorie Taylor Greene's falling out with President Trump on "The View," and said the lawmaker was learning loyalty with the president is a "one-way street."
Nvidia's earnings report is "the last major broad catalyst" for the market until the Federal Open Market Committee meets on Dec. 10 to decide whether or not to cut interest rates, Ryan Lee, senior vice president of product and strategy at Direxion,
What Happened in Markets Today Nvidia's revenue surged 62% year over year to $57 billion in its fiscal third quarter, with earnings jumping 60% to $1.30 a share. Both were ahead of Wall Street’s expectations,
The chipmaker's record revenue growth is likely to allay investor concerns about an artificial intelligence bubble.
Nvidia posted strong revenue and profits that exceeded Wall Street’s expectations Wednesday. The closely watched result could prompt a sigh of relief across the stock market following growing concerns about an artificial intelligence bubble.