Shares in Nvidia rose nearly 5% in after-hours trading on Wednesday after the company posted first-quarter earnings that beat market expectations, despite a substantial revenue loss stemming from tightened US export restrictions on chip sales to China. For the fiscal first quarter of 2026, Nvidia reported total revenue of $44.1 billion (£34.8 billion), up 69%
Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its GPU Technology Conference
As markets attempt to recover from recent sell-off action that’s left the S&P 500 (^GSPC) and Nasdaq (^IXIC) in correction territory, one major catalyst this week could make or break a comeback: Wednesday’s Federal Reserve policy decision. The central bank is expected to hold interest rates steady in the face of tariff uncertainties and recent
Federal Reserve Chair Jerome Powell told investors on Friday “time has come for policy to adjust.” In response, stocks finished the week near record highs. The S&P 500 (^GSPC), the Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all rose more than 1% on the week. The S&P 500 is now within 1%