{"id":20063,"date":"2023-08-24T09:35:42","date_gmt":"2023-08-24T16:35:42","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20063"},"modified":"2023-09-06T09:35:58","modified_gmt":"2023-09-06T16:35:58","slug":"nvidia-reports-blowout-earnings-as-stock-hits-all-time-high","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/nvidia-reports-blowout-earnings-as-stock-hits-all-time-high\/","title":{"rendered":"Nvidia Reports Blowout Earnings As Stock Hits All-Time High"},"content":{"rendered":"\n
Nvidia (NVDA:NASD)<\/strong> released second-quarter earnings, which beat analysts expectations. The company has been taking advantage of the AI push and pushed their earnings to record highs. Nvidia reported $13.51 billion which is up 101% over last year and adjusted earnings came in at $2.70 per share, which is up 429% from previous year.<\/p>\n\n\n\n “A new computing era has begun. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI.”<\/p>\nNvidia CEO Jensen Huang\u00a0said in a statement<\/a>.<\/cite><\/blockquote>\n\n\n\n The company had stated second-quarter earnings would come in around $11 billion, which already set expectations high, but Nvidia announced $13 billion, which sent the stock soaring to new highs. The stock is up 3% on the day at $485.63 and up over 300% on the year. The company is bucking the trend and pushing the market cap just shy of $1.2 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia (NVDA:NASD) released second-quarter earnings, which beat analysts expectations. The company has been taking advantage of the AI push and pushed their earnings to record highs. Nvidia reported $13.51 billion which is up 101% over last year and adjusted earnings came in at $2.70 per share, which is up 429% from previous year. “A new… View Article<\/a>","protected":false},"author":3,"featured_media":18670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,40,16],"tags":[],"acf":[],"yoast_head":"\n\n