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AI Shares Rally After Nvidia's Results

Nvidia stock surged 13% in premarket trading on Wednesday after the chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.Nvidia has been a top be

AI Shares Rally After Nvidia's Results

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This made the Santa Clara, California company&#39;s outlook a major test of whether Wall Street&#39;s AI-fueled rally is likely to continue or potentially reverse.</p><p>Following Nvidia&#39;s report, server component supplier <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> jumped over 20%, while Nvidia rival <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a> rose 7.5%.</p><p><a href=\"https://laohu8.com/S/ARM\">Arm Holding</a> added more than 10%, now up more than 160% from the $51 price set in its initial public offering in September.</p><p>$Palantir shares also gained over 4% in morning trading.</p><p>Nvidia forecast current-quarter revenue of $24.0 billion, plus or minus 2%. That was well above the $22.17 billion predicted by analysts, according to LSEG data.</p><p>The company reported fourth-quarter revenue of $22.10 billion, beating estimates of $20.62 billion and adjusted EPS of $5.16 vs $4.64 expected by analysts. Net income surged 769% from a year ago to $12.285 billion.</p><p>Worries that Nvidia&#39;s quarterly report might not meet Wall Street&#39;s high expectations in recent days knocked its stock down almost 9% from record highs. Its late-day surge to $724 on Wednesday still leaves its short of its $739 record high close on Feb. 14.</p><p>Nvidia has also recently replaced Tesla as Wall Street&#39;s most traded stock by value.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AI Shares Rally After Nvidia's Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAI Shares Rally After Nvidia's Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-02-22 22:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia stock surged nearly 15% in morning trading on Thursday after the chipmaker&#39;s hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4437f5ec7c0a48551b50719bb5a14934\" tg-width=\"463\" tg-height=\"709\"/></p><p>Nvidia has been a top beneficiary of technology companies&#39; race to build artificial intelligence into their products and services. This made the Santa Clara, California company&#39;s outlook a major test of whether Wall Street&#39;s AI-fueled rally is likely to continue or potentially reverse.</p><p>Following Nvidia&#39;s report, server component supplier <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> jumped over 20%, while Nvidia rival <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a> rose 7.5%.</p><p><a href=\"https://laohu8.com/S/ARM\">Arm Holding</a> added more than 10%, now up more than 160% from the $51 price set in its initial public offering in September.</p><p>$Palantir shares also gained over 4% in morning trading.</p><p>Nvidia forecast current-quarter revenue of $24.0 billion, plus or minus 2%. That was well above the $22.17 billion predicted by analysts, according to LSEG data.</p><p>The company reported fourth-quarter revenue of $22.10 billion, beating estimates of $20.62 billion and adjusted EPS of $5.16 vs $4.64 expected by analysts. Net income surged 769% from a year ago to $12.285 billion.</p><p>Worries that Nvidia&#39;s quarterly report might not meet Wall Street&#39;s high expectations in recent days knocked its stock down almost 9% from record highs. Its late-day surge to $724 on Wednesday still leaves its short of its $739 record high close on Feb. 14.</p><p>Nvidia has also recently replaced Tesla as Wall Street&#39;s most traded stock by value.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARM":"ARM Holdings Ltd","AMD":"美国超微公司","SMCI":"超微电脑","AI":"C3.ai, Inc.","PLTR":"Palantir Technologies Inc.","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195347180","content_text":"Nvidia stock surged nearly 15% in morning trading on Thursday after the chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.Nvidia has been a top beneficiary of technology companies' race to build artificial intelligence into their products and services. This made the Santa Clara, California company's outlook a major test of whether Wall Street's AI-fueled rally is likely to continue or potentially reverse.Following Nvidia's report, server component supplier Super Micro Computer jumped over 20%, while Nvidia rival Advanced Micro Devices rose 7.5%.Arm Holding added more than 10%, now up more than 160% from the $51 price set in its initial public offering in September.$Palantir shares also gained over 4% in morning trading.Nvidia forecast current-quarter revenue of $24.0 billion, plus or minus 2%. That was well above the $22.17 billion predicted by analysts, according to LSEG data.The company reported fourth-quarter revenue of $22.10 billion, beating estimates of $20.62 billion and adjusted EPS of $5.16 vs $4.64 expected by analysts. Net income surged 769% from a year ago to $12.285 billion.Worries that Nvidia's quarterly report might not meet Wall Street's high expectations in recent days knocked its stock down almost 9% from record highs. Its late-day surge to $724 on Wednesday still leaves its short of its $739 record high close on Feb. 14.Nvidia has also recently replaced Tesla as Wall Street's most traded stock by value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}