Tag: NASDAQ:NVDA
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the strong performance seen last week. Traders may be reluctant to make significant moves as they digest last week’s gains, which lifted the Dow and S&P 500 to new record…
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U.S. Index Futures Dip Amid Inflation Data Anticipation, Oil and Iron Ore Prices Retreat
On Monday, U.S. index futures fell slightly, signaling investor tension as they await new inflation data this week, closely monitored by the Federal Reserve, and keep an eye on the wave of significant earnings reports approaching, including Salesforce (NYSE:CRM), restaurants, and major retailers. At 05:22 AM, Dow Jones futures (DOWI:DJI) fell 55 points, or 0.15%.…
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U.S. Futures Pause Post-Nvidia Rally; WTI and Brent Decline in April Futures
In the pre-market on Friday, U.S. index futures showed a moderate trend, reflecting a pause after the euphoria outbreak in the market caused by Nvidia’s rally. This event led American exchanges to climb to new heights, setting historical marks. At 05:34 AM, Dow Jones futures (DOWI:DJI) rose 3 points, or 0.01%. S&P 500 futures dropped…
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Crypto: ZCash Surges on Grayscale’s Strategy, Gauntlet Terminates Aave Partnership, and More
Retail traders drive cryptocurrency surge, says JPMorgan Analysts at JPMorgan (NYSE:JPM) highlight that the recent surge in cryptocurrency values is primarily driven by retail traders acting on impulse, rather than institutional investors or market fundamentals. According to them, the cryptocurrency market recovery in February can be attributed to the increasing activity of these individual traders.…
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Upbeat Nvidia Earnings May Lead To Rally On Wall Street
The major U.S. index futures are currently pointing to a sharply higher open on Thursday, with stocks likely to extend the upward move seen late in the previous session. The markets are likely to benefit from a positive reaction to earnings news from Nvidia (NASDAQ:NVDA), as the chipmaker is spiking by 12.3 percent in pre-market…
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Nvidia’s Earnings Skyrocket by 769%, BuzzFeed’s Pre-Market Shares Surge by 85%, and Other Highlights
BuzzFeed (NASDAQ:BZFD) – BuzzFeed shares surged over 80% in Thursday’s pre-market after announcing the sale of Complex and planning staff cuts. Complex was sold for $108.6 million to NTWRK, while BuzzFeed will lay off 16% of its staff to save costs. New details will be shared on February 28th. Amazon (NASDAQ:AMZN), Walgreens (NASDAQ:WBA) – Amazon…
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U.S. Futures Surge on Nvidia’s Stellar Performance, Global Markets Respond Positively
On Thursday, U.S. futures were on the rise, driven by significant gains from Nvidia (NASDAQ:NVDA) after market close, following the semiconductor giant’s announcement of surprisingly positive results and encouraging forecasts. At 05:08 AM, Dow Jones futures (DOWI:DJI) were up 73 points, or 0.19%. S&P 500 futures rose 1.14%, and Nasdaq-100 futures were up 2.01%. The…
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Nvidia Shatters Expectations: Reports Staggering 265% Yearly Revenue Surge and Breakthrough in Generative AI Demand
The semiconductor giant Nvidia (NASDAQ:NVDA) recently reported revenue of $22.1 billion for the 4th quarter ended January 2024, an increase of 22% from the previous quarter and 265% over the same period last year. For the quarter, diluted earnings per share were $4.93, up 33% from the previous quarter and 765% from the previous year.…
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Anxiety Ahead Of Fed Minutes, Nvidia Earnings May Weigh On Wall Street
The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to add to the losses posted in the two previous session. The downward momentum on Wall Street reflects lingering concerns about the outlook for interest rates ahead of the release of the minutes of the latest Federal Reserve…