Nvidia spikes after earnings and guidance top Wall Street estimates
reported on Thursday reported strong first-quarter results, sending shares up more than 5% after the closing bell.
Looking ahead to the second quarter, Nvidia sees revenue of $2.55 billion at the midpoint, plus or minus 2%. That was better than the $2.53 billion that analysts were hoping for. "We think China trade talks will negatively impact our universe. Most notably, we think GPUs and Semi-cap are most at risk to the downside if tensions continue to rise."
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia set to report earnings after the bellNvidia shares have rebounded this year though the stock is still 45% below its record high as the company faces surplus inventory.
Read more »
Nvidia is sliding as Trump escalates the trade war with ChinaChipmaker Nvidia fell 2.5% Friday after the US raised tariffs on $200 million of Chinese goods to 25% from 10%.
Read more »
Update Your Drivers Right Now If You Have An Nvidia GeForce, Quadro Or Tesla Graphics CardSevere vulnerabilities in the Windows display drivers for Nvidia's graphics cards have been patched.
Read more »
Markets Insider is looking for a panel of millennial investors | Markets InsiderMarkets Insider is looking for a panel of millennial investors
Read more »
Former Facebook insiders have turned into some of its harshest critics — here's a rundownFacebook Co-founder Chris Hughes is the latest former Facebook executive to criticize the company, but he is hardly the first.
Read more »
UBER Stock | UBER Stock Price Today | Markets Insider
Read more »
Now that Frank Vogel is Lakers coach, here's what comes nextThe Lakers have a new coach in Frank Vogel and a 2% shot at Zion Williamson in the NBA draft lottery. A little luck, and savvy leadership, could go a long way.
Read more »
Coming marine fuel standard will disrupt markets for 1-5 years: BCG studyThe marine industry's January 2020 shift to using very low sulfur fuel oil ...
Read more »