Nvidia announces stock split and beats Q1 earnings expectations

Nvidia announces stock split and beats Q1 earnings expectations

NVIDIA (NVDA) surprised investors with its fiscal 2025 first-quarter results, reporting adjusted earnings per share of $6.12 compared to the Street estimate of $5.65. Revenue of $26.04 billion exceeded the Bloomberg consensus of $24.69 billion, a 262% increase from the previous year. Data center revenue also saw significant growth, rising 427% year-over-year to $22.6 billion, … Read more

These 6 AI stocks tend to see gains when Nvidia beats estimates

These 6 AI stocks tend to see gains when Nvidia beats estimates

A recent analysis by CNBC Pro suggests that six AI-related stocks tend to react positively to Nvidia’s quarterly results. This analysis comes ahead of Nvidia’s first-quarter earnings report, set to be released after the market closes on Wednesday. The five U.S.-listed stocks (Super Micro Computer, AMD, Marvell Technology, Vertiv, and Synopsys) along with Japan-listed Advantest … Read more

Cisco Beats Expectations with Strong AI Growth Despite Largest Revenue Decline in Over a Decade

Cisco Systems Inc reported fiscal third-quarter results, surpassing Wall Street estimates despite a significant decline in revenue. The company attributed this decline to weak sales from consumers who were installing previously purchased equipment. Cisco anticipates completing these installations by the end of the fiscal year. Despite the revenue drop, Cisco’s shares rose by 8% during … Read more