Nvidia Stock Soars After Earnings Beat and Stock Split Announcement

1 min read
Source: CNBC
Nvidia Stock Soars After Earnings Beat and Stock Split Announcement
Photo: CNBC
TL;DR Summary

Nasdaq-100 futures rose 0.4% after Nvidia reported stronger-than-expected fiscal first-quarter results and announced a 10-for-1 stock split, sending its shares above $1,000. Nvidia's robust earnings and positive revenue guidance have bolstered market sentiment, despite broader market declines following Federal Reserve concerns over inflation.

Share this article

Reading Insights

Total Reads

0

Unique Readers

22

Time Saved

3 min

vs 4 min read

Condensed

94%

66643 words

Want the full story? Read the original article

Read on CNBC