Josh Brown believes Nvidia is headed to $200 a share as investors focus on the “meat and potatoes” of the business. The chipmaker was down about 1% in midday trading Thursday after falling as much as 5% overnight —despite second-quarter earnings and revenue beating Wall Street analysts’ estimates. Brown, CEO of Ritholtz Wealth Management, said…
Shares of Nvidia were under modest pressure Thursday, despite the company reporting an overall strong quarter with guidance that came in ahead of expectations. Clearly, some investors are finding issues within the report. While we think those concerns are misguided, here are three nitpicks generating the most noise on Wall Street. Data Center revenue missing…
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. 1. Markets are mixed Thursday as investors try to digest Nvidia’s latest earnings as well other tech and retail reports. This comes following the S & P 500’s advance to…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…
Jensen Huang, CEO of Nvidia, speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia stock fluctuated on Thursday as investors digested the company’s latest earnings report, which signaled robust AI demand but provided little clarity…
My top 10 things to watch Thursday, Aug. 28 1. Nvidia is accelerating when others say slowing. Beat and raise quarter . Who is right, the company or the critics who want you to trade it, not own it? The concept of “long-thinking” driving compute demand. New verticals galore. Core growth is extraordinary. On the…
Nvidia delivered a better-than-expected quarterly results Wednesday night, but a few blemishes in the report — at least in the eyes of the market — has shares of the leading AI chipmaker falling in extended trading. That’s all some investors need to book profits in a stock that’s nearly doubled off its April lows. Revenue…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. Nvidia Nvidia posted better-than-expected earnings…
Nvidia’s closely watched earnings report showed weaker-than-expected sales at its data center business, though the stock’s pullback in extended trading may prove short-lived with investors still believing in the artificial intelligence trade. The chipmaker beat Wall Street’s expectations for fiscal second-quarter earnings and gave a stronger current-quarter revenue forecast than anticipated. But shares tumbled in…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are nudging higher for the second session in a row. Beyond some retail earnings and results from a couple of enterprise software names,…