Nvidia Surges on Upbeat Sales, Salesforce Disappoints, Snowflake Falls
Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we focus on three major earnings reports: - Nvidia (NVDA) the world’s most valuable company, gave another bullish quarterly revenue forecast, signaling that the massive build-out of AI computing remains on track. Fiscal first-quarter sales will be about $78 billion, the chipmaker said in a statement Wednesday. That compares with an average Wall Street estimate of $72.8 billion, according to data compiled by Bloomberg. The outlook helped soothe concerns about a bubble in AI investments. Huang has…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.