US stocks open higher on strong earnings
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Nvidia reported strong results despite a multibillion-dollar hit tied to U.S. regulations on sales of its AI chip to China.
Nvidia reported solid fiscal first-quarter earnings late Wednesday but provided a revenue forecast for the July quarter that was below expectations. Here's what we learned from the highly-anticipated report: Solid earnings.
US stock futures rose after a US trade court blocked some of President Trump's tariffs, and Nvidia's mixed earnings report impressed Wall Street despite the company's warnings on chip curbs.
Nvidia reported strong Q1 earnings with rising revenue and net income, but faces challenges from U.S. export restrictions on AI chips to China, that will impact future sales.
The artificial intelligence (AI) tokens took a hit ahead of the California-headquartered chipmaker Nvidia (Nasdaq: NVDA) gearing up to post its Q1 2025 earnings report once the trading day closes on May 28.
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Nvidia (NVDA) will report its fiscal first quarter results after the bell on Wednesday in the most-anticipated earnings announcement of the season. Nvidia stock has fluctuated wildly since the start of the year as the company has dealt with setbacks ranging from the Trump administration's ban on shipments of its H20 chips bound for China to concerns related to expected semiconductor tariffs.
Rivals of the lab tools and testing company have been buffeted by the Trump administration’s disruptions to funding to U.S. academic labs.
HP reported better-than-expected revenue on Wednesday, but the company missed on earnings and issued disappointing guidance. The company said its outlook "reflects the added cost driven by the current U.