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Stockreport

UPDATE 1-Nvidia revenue forecast beats estimates; shares rise [Reuters]

NVIDIA Corporation (NVDA)  More Company Research Source: Reuters
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Nvidia revenue forecast beats estimates; shares rise - Reuters 2 Min Read (Reuters) - Nvidia Corp reported a better-than-expected quarterly profit and forecast second-quarter revenue above analysts’ estimates, boosted by higher demand for its gaming chips, sending its shares up 6% in extended trading. Nvidia has entered into newer growth areas such as data centers, artificial intelligence and self-driving cars as it looks beyond its bread-and-butter business of selling chips that enhance video game graphics. The company has grown at a rapid pace in the past few years, but a slowdown in China and trade tensions were expected to weigh on its operations. “Despite the near-term pause in demand from hyperscale customers, the application of AI continues to accelerate,” said Chief Executive Officer Jensen Huang. The company forecast revenue of $2.55 billion, plus or minus 2%, for the quarter, above analysts’ expectations of $2.53 billion, according to IBES data from Refinitiv. The positive f [Read more]

IMPACT SNAPSHOT EVENT TIME: NVDA
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Stockreport

UPDATE 1-Nvidia revenue forecast beats estimates; shares rise [Reuters]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Nvidia revenue forecast beats estimates; shares rise - Reuters 2 Min Read (Reuters) - Nvidia Corp reported a better-than-expected quarterly profit and forecast second-quarter revenue above analysts’ estimates, boosted by higher demand for its gaming chips, sending its shares up 6% in extended trading. Nvidia has entered into newer growth areas such as data centers, artificial intelligence and self-driving cars as it looks beyond its bread-and-butter business of selling chips that enhance video game graphics. The company has grown at a rapid pace in the past few years, but a slowdown in China and trade tensions were expected to weigh on its operations. “Despite the near-term pause in demand from hyperscale customers, the application of AI continues to accelerate,” said Chief Executive Officer Jensen Huang. The company forecast revenue of $2.55 billion, plus or minus 2%, for the quarter, above analysts’ expectations of $2.53 billion, according to IBES data from Refinitiv. The positive f [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS