"Nvidia NVDA +8.82% shares rose almost 9% to close at $19 after the company reported on Thursday a second-quarter profit of 30 cents a share, excluding one-time items, on $1.1 billion in revenue. Wall Street analysts had forecast Nvidia to earn 19 cents a share on sales of $1.1 billion. The company also forecast third-quarter sales above analysts’ estimates.
Nvidia said its results were aided by strong sales of its Tesla chips used in data centers and its Tegra chips, which have been adopted in many automobiles. Analyst Rajvindra Gill, of Needham & Co., raised his rating on Nvidia to buy from hold with a price target of $23 a share, citing the company’s growth beyond the consumer PC market."
http://www.marketwatch.com/story/nvidias-gains-stand-out-among-tech-stocks-2014-08-08?siteid=yhoof2
Recent NVDA News
- Norfolk Southern CEO Fired, Ryanair Lowers Fare Forecast, 23andMe Considers Acquisition Proposals • IH Market News • 09/12/2024 10:02:29 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:28:31 PM
- U.S. Stocks Recover From Early Sell-Off To Close Sharply Higher • IH Market News • 09/11/2024 08:25:39 PM
- GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial • IH Market News • 09/11/2024 10:25:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/10/2024 10:52:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/10/2024 08:20:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/09/2024 08:27:31 PM
- Remark Holdings to present at Oracle Cloud World 2024 as part of the Data and AI Pavilion accelerated by NVIDIA • PR Newswire (US) • 09/09/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:45:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/06/2024 08:27:31 PM
- Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company • IH Market News • 09/06/2024 11:59:00 AM
- Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing • IH Market News • 09/05/2024 10:11:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 09:23:42 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 08:44:38 PM
- Nvidia, Economic Worries May Continue To Weigh On Wall Street • IH Market News • 09/04/2024 01:06:11 PM
- U.S. Index Futures Fall Amid Market Volatility; Oil Prices Drop on Libya Dispute, Weak Global Demand • IH Market News • 09/04/2024 09:52:47 AM
- Nvidia Subpoenaed by DOJ, Athira Pharma Shares Plunge 71% After Study Fails, Zscaler Falls 15% Post-Earnings • IH Market News • 09/04/2024 09:50:25 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/03/2024 09:14:39 PM
- Renewed Economic Concerns Contribute To Sell-Off On Wall Street • IH Market News • 09/03/2024 08:44:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/30/2024 09:20:17 PM
- Positive Reaction To Inflation Data May Lead To Strength On Wall Street • IH Market News • 08/30/2024 01:05:21 PM
- U.S. Stock Futures Rise Ahead of Key Inflation Report; Oil Prices Rise Amid Supply Concerns • IH Market News • 08/30/2024 10:03:04 AM
- Intuitive Machines Soars 18% on NASA Contract, Intel Considers Splitting Operations, Dell Reassesses Selling SecureWorks • IH Market News • 08/30/2024 10:00:08 AM
- NVIDIA Announces Upcoming Event for Financial Community • GlobeNewswire Inc. • 08/29/2024 09:00:00 PM
- Dow Reaches New Record Closing High But Nasdaq Edges Lower As Nvidia Slumps • IH Market News • 08/29/2024 08:37:32 PM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM