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NVDA Dec 2024 1080.000 call
- Yahoo Finance Video
US-China trade tensions may spell eventual trouble for Nvidia
US equity markets (^IXIC, ^GSPC) — except for the Dow Jones Industrial Average (^DJI) — are coasting on positive intraday gains after Nvidia (NVDA) outpaced fiscal first-quarter earnings estimates in its figures reported after the bell on Wednesday. Charles Schwab Chief Global Investment Strategist and Managing Director Jeffrey Kleintop joins The Morning Brief to discuss where he expects outstanding market performances to broaden out past the tech sector and AI megatrends, especially as international trade tensions percolate on President Biden's new tariffs on Chinese imports and ban on selling semiconductors to China. "It's a safe place to find growth in a global economy that's been struggling for the past several quarters. but maybe that's not the case anymore. I'm arguing for a broadening of market performance outside of the tech sector, outside some of these AI darlings," Kleintop says. "This morning we got the PMI data from Europe and it was booming. In fact, Europe is really coming out of the recession that it experienced last year and that means better growth for more cyclical sectors." For more of everything Nvidia, catch Yahoo Finance's exclusive interview with CEO Jensen Huang. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Nvidia demand saw no pause, moved beyond 'hyperscalers'
Nvidia (NVDA) released its first quarter results on Wednesday afternoon, beating Wall Street expectations and announcing a 10-for-1 stock split. Yahoo Finance spoke with CEO Jensen Huang, who reiterated the company's powerful demand for its products worldwide. Yahoo Finance Anchor Julie Hyman joins Morning Brief to break down her conversation with Huang and what Nvidia's earnings means for the company and the broader market moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance
'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up
Nvidia's quarterly results blew away estimates again on Wednesday, and as the company moves to its next-generation chips its CEO sees supply, not demand, serving as its biggest challenge.
