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Asian shares surge after oil prices slip and Wall Street resumes its AI rally
Associated Press78d agobullish
Asian shares surge after oil prices slip and Wall Street resumes its AI rally

Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and oil prices fell back. The advance was also powered by a stronger-than-expected quarterly report from chipmaker Nvidia, whose profit rocketed more than 200% higher in the February-April quarter from a year earlier, while revenue jumped 85%. Nvidia has been one of the biggest beneficiaries from the boom in artificial intelligence, thanks to powerful demand for its high-end AI chips.

Trump Renews Pressure as Iran Vows Retaliation Beyond Mideast
Bloomberg78d agoneutral
Trump Renews Pressure as Iran Vows Retaliation Beyond Mideast

(Bloomberg) -- The US and Iran traded threats of escalation on Wednesday as the weeks-long standoff in the Middle East dragged on without resolution. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersPresident Donald Trump

NVIDIA Q1 Earnings Call Highlights
MarketBeat78d agoneutral
NVIDIA Q1 Earnings Call Highlights

NVIDIA (NASDAQ:NVDA) reported record first-quarter fiscal 2027 results, with revenue, operating income and free cash flow all surpassing prior company highs, as executives said demand for AI infrastructure continued to accelerate across hyperscale cloud providers, AI cloud companies, sovereign custo

Nvidia Q1 earnings results: Top takeaways
Yahoo Finance Video79d agoneutralVIDEO
Nvidia Q1 earnings results: Top takeaways

Nvidia (NVDA) released its first quarter results on Wednesday, outpacing adjusted earnings ($1.87 per share vs. Bloomberg estimates of $1.77) and revenue forecasts ($81.62 billion vs. estimates of $79.18 billion).Yahoo Finance Tech Editor Dan Howley shares his biggest takeaways from the print with Yahoo Finance's Brooke DiPalma.

Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards
Bloomberg79d agoneutral
Nvidia Gets Tepid Reaction to Forecast, Ups Investor Rewards

(Bloomberg) -- Nvidia Corp., the world’s most valuable company, delivered a sales forecast that drew a lukewarm reaction from investors, even as revenue from data center operators continued to surge. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersUS Treasuries Rebound on Optimi

Nvidia Q1 earnings: AI infrastructure outlook 'remains intact'
Yahoo Finance Video79d agoneutralVIDEO
Nvidia Q1 earnings: AI infrastructure outlook 'remains intact'

Nvidia (NVDA) exceeded Wall Street's estimates for the AI chipmaker's first quarter, reporting adjusted earnings of $1.87 per share and $81.62 billion in revenue. The company also outpaced forecasts on its second quarter outlook. A panel consisting of CFRA Research senior vice president Angelo Zino, Spear Invest founder and CIO Ivana Delevska, and TECHnalysis Research president Bob O'Donnell comes on Asking for a Trend to discuss Nvidia's earnings results and guidance.

Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand
Associated Press79d agoneutral
Nvidia Q1 results surpass Wall Street expectations thanks to massive AI chip demand

Artificial intelligence chipmaker Nvidia's quarterly results surpassed Wall Street's expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned $1.76 per share.

Reuters79d agobullish
Lamda wins cloud deal with Hudson River Trading to supply access to Nvidia chips

Artificial intelligence cloud computing startup Lamda on Wednesday said ‌it has won a cloud contract with high-speed ‌trading firm Hudson River Trading. Lamba, which is backed by Nvidia and ​raised $1.5 billion last year after signing a deal to provide Microsoft with access to Nvidia's chips, said the deal with Hudson River Trading will entail renting ‌more than 1,000 of ⁠Nvidia's latest "Blackwell" systems to the trading firm, which Reuters last month reported had $12.3 billion ⁠in trading revenues last year. Lamda and Hudson River Trading did not disclose the financial terms of the ​deal.

There are '2 bear cases' for Nvidia ahead of earnings
Yahoo Finance Video79d agoneutralVIDEO
There are '2 bear cases' for Nvidia ahead of earnings

Nvidia (NVDA) reports first quarter earnings results on Wednesday after the closing bell. Gabelli Funds portfolio manager John Belton joins Yahoo Finance to share his expectations for the print, as well as two reasons one might be bearish on the stock.