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Nvidia’s earnings report makes us want to buy more of this industrial stock

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. The S & P 500 advanced 0.7% Thursday, despite tech behemoth Nvidia’s post-earnings decline. Shares of the AI chipmaker tumbled 3.5% after the company handily beat estimates on the top…

Nvidia shares down 4.6% in premarket trade despite market-beating earnings

NVIDIA’s founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18, 2024. Josh Edelson | AFP | Getty Images Nvidia shares fell 4.63% in U.S. premarket trade on Thursday, as the company’s fiscal second-quarter gross…

Why Cramer advises against running out to buy Nvidia’s post-earnings stock dip

Nvidia stock could plunge 20% if Big Tech starts to signal this one change, fund manager says

Nvidia is riding a number of tailwinds right now, including strong pricing power thanks to high demand for its chips and a tight supply that’s helping the company command gross profit margins of over 70%. That could all change, according to one analyst, who has highlighted a sign that investors should watch out for, which…

Affirm shares surge 16% after better-than-expected results, strong guidance

Jaque Silva | Lightrocket | Getty Images Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 14 cents adjusted vs. 51 cents expected…

Salesforce beats earnings estimates, CFO Amy Weaver to step down

Salesforce chair and CEO Marc Benioff speaks at the World Economic Forum in Davos, Switzerland on Jan. 18, 2024. Fabrice Coffrini | AFP | Getty Images Salesforce shares rose 4% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook. The…

CrowdStrike beats quarterly consensus but lowers full-year guidance

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images CrowdStrike shares rose 4% in extended trading on Wednesday after the cybersecurity software maker reported strong fiscal second-quarter results but reduced full-year guidance in the wake of…

Finance World 24Ağustos 27, 2024

PetroChina posts record earnings for first half of the year

Brent Lewin | Bloomberg | Getty Images PetroChina Co. posted record operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China. China’s largest oil and gas company posted a net income of 88.61 billion yuan…