Why Nvidia Dipped Despite Blockbuster Q3 Earnings
Nvidia's shares were in the red in Wednesday's premarket despite a blockbuster Q3 2024 report.
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Deere & Company reported beating EPS and revenue expectations but reduced its outlook as demand expected to slow.
Nvidia's shares were in the red in Wednesday's premarket despite a blockbuster Q3 2024 report.
Baidu's shares gained after the company reported a solid Q3 and double-downed on its AI plans.
Medtronic reported an EPS of $1.2, beating the expected $1.18. The firm's revenue grew by 6% in Q2 FY24.
Nvidia's stock reached a new all-time high on Monday, a day prior to its much-anticipated Q3 2024 earnings report.
LOW's comparable sales fell by 7.4% in the third quarter of 2023. Total reported revenue of $20.5 billion fell short of the expected $20.88 billion.
Zoom beat EPS expectations of $1.09 in the third quarter of FY24. The firm reported a revenue of $1.137 billion.
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ENLT reported revenue of $52.32 million. The reported EPS of $0.13 exceeded the expected $0.09.
Legend Biotech Corporation reported an EPS of $(0.17) against an expected $(0.26).
Sam Altman joined Microsoft on Monday, days after getting unexpectedly ousted by OpenAI.
Alibaba and other Chinese stocks fell notably on Friday after the e-commerce giant revoked its decision to spin-off its cloud unit due to chip curbs.
Despite beating expectations, BJ's Wholesale Club Holdings reported a dip in same-store sales for fiscal Q3 and cut its outlook for the current quarter.