Reported 5 months ago
Nvidia reported better-than-expected fiscal first-quarter earnings with revenue of $26 billion and adjusted earnings of $6.12 per share, causing the stock to rise in after-hours trading. The company also announced a 10-for-1 stock split and a dividend raise. The positive earnings report is expected to drive momentum in the tech sector and the broader market, particularly benefiting the Nasdaq. The strong performance of Nvidia reflects the growing demand for AI technology across various industries.
Source: YAHOO