Nvda

2023 - 2 - 24

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NVDA holding up the market [Video] (FXStreet)

Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility ...

[Read more](https://www.fxstreet.com/cryptocurrencies/news/shiba-inu-price-prediction-this-bullish-setup-suggests-a-30-rally-on-the-cards-202302231813) [US Core PCE Inflation Preview: US Dollar selling opportunity? However, the current conditions of the market actually indicate a rather opposite price momentum. Nevertheless, PCE is what the world's most powerful central bank targets – especially the core figure. Shiba Inu price noted a decent recovery at the beginning of the year. Spot gold remains on the back foot, with XAU/USD bottoming this Thursday at $1,817.42 a troy ounce. The Personal Consumption Expenditure (Core PCE) report is published after the Consumer Price Index (CPI) one, this month on Friday, February 24 at 13:30 GMT. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. [Gold News](https://www.fxstreet.com/markets/commodities/metals/gold) [Shiba Inu: This bullish setup suggests a 30% rally on the cards](https://www.fxstreet.com/cryptocurrencies/news/shiba-inu-price-prediction-this-bullish-setup-suggests-a-30-rally-on-the-cards-202302231813) American GDP suffered a downward revision, while inflation keeps pushing higher, spurring risk aversion. [EUR/USD News](https://www.fxstreet.com/news?q=&hPP=17&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=EURUSD) [Gold: XAU/USD keeps marching toward $1,800](https://www.fxstreet.com/markets/commodities/metals/gold) Premium [AUD/USD News](https://www.fxstreet.com/news?q=&hPP=20&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=AUDUSD&is_v=1) [EUR/USD settles below 1.0600 ahead of critical US data](https://www.fxstreet.com/currencies/eurusd) Premium Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.

Nvidia Delivers Beat-And-Raise Report Thanks To Data Center ... (Investor's Business Daily)

Graphics-chip maker Nvidia beat Wall Street views for its fiscal fourth quarter and guided higher for the current period. NVDA stock rose.

[IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-nvidia-nvda.aspx). The best growth stocks have a Composite Rating of 90 or better. He added, "We are set to help customers take advantage of breakthroughs in generative AI and large language models. During the regular session Wednesday, NVDA stock rose 0.5% to close at 207.54. But that topped Wall Street's target of $6.31 billion for the first quarter. Analysts polled by FactSet had predicted Nvidia earnings of 81 cents a share on sales of $6.02 billion. [SPS Commerce, IBD Stock Of The Day, Shows Resilience In Tough Climate](https://www.investors.com/research/ibd-stock-of-the-day/spsc-stock-sps-commerce-shows-resilience/) [PDF Solutions Pops On Upbeat Fourth-Quarter Earnings Report](https://www.investors.com/news/technology/pdfs-stock-pdf-solutions-spikes-to-record-high/) [Synopsys Stock Falls On Weak Guidance After Mixed Quarterly Report](https://www.investors.com/news/technology/snps-stock-synopsys-falls-on-weak-guidance/) [See Stocks On The List Of Leaders Near A Buy Point](https://www.investors.com/product/leaderboard/?artProdLink=Leaderboard) [MarketSmith: Research, Charts, Data And Coaching All In One Place](https://www.investors.com/product/marketsmith/?artProdLink=MarketSmith) However, data center chip sales rose 11% to $3.62 billion, fueled by cloud service providers investing in artificial intelligence technology. The Santa Clara, Calif.-based company earned an adjusted 88 cents a share on sales of $6.05 billion for the quarter ended Jan. It has an [IBD Composite Rating](https://www.investors.com/ibd-university/find-evaluate-stocks/exclusive-ratings/) of 85 out of 99. On a year-over-year basis, Nvidia earnings dropped 33% while sales sank 21%. [stock market today](https://www.investors.com/news/stock-market-today-stock-market-news/), NVDA stock jumped 7.1% to 222.18.

Nvidia Earnings: Despite 8% afterhours bounce, NVDA stock needs ... (FXStreet)

Nvidia released Q4 earnings late Wednesday. NVDA stock immediately shot higher on EPS beat. Revenue dropped 21% YoY. Nvidia stock has risen into a resistance ...

The author makes no representations as to the accuracy, completeness, or suitability of this information. GBP/USD has extended its slide and dropped below 1.0950 in the American session on Friday. Block (SQ) stock surged 8% in Friday's premarket as the market got excited over the payments firm's mixed results. The author will not be held responsible for information that is found at the end of links posted on this page. The author has not received compensation for writing this article, other than from FXStreet. Data center revenue missed expectations in this quarter as well, but the return of Nvidia's gaming segment in Q4 seems to have saved the quarter. Gaming revenue of $1.83 billion came in well above the $1.6 billion expectation. It also does not guarantee that this information is of a timely nature. A break of $230 would have bulls eyeing $260, but I am not certain that is the easiest path at the moment. Nvidia revealed adjusted earnings per share (EPS) in the quarter ending in December of $0.88, a solid 10% ahead of analyst consensus. Nvidia's revenue was still down 21% YoY, largely due to the severe decline in gaming revenue seen over the past two quarters. [stock](https://www.fxstreet.com/markets/equities) surged 8.4% in Thursday's premarket after the premier US chip designer released fourth quarter earnings that came in ahead of Wall Street expectations.

Nvidia earnings: There is a reason NVDA stock is soaring in 2023 (USA TODAY)

The business might have bottomed but Nvidia's stock is still expensive. Neil Rozenbaum talks through the company's fourth-quarter earnings.

[is on the list](https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=08c70548-6572-4ee7-94a4-58507db6dc23&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-eg%3Faid%3D8867%26source%3Disaeditxt0000450%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D6313%26ftm_veh%3Darticle_pitch&utm_source=usa-today&utm_medium=feed&utm_campaign=article&referring_guid=36c099ef-0131-49b9-86bb-3cabb8e20445) -- but there are nine others you may be overlooking. Our award-winning analyst team has spent more than a decade beating the market. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/?utm_source=usa-today&utm_medium=feed&utm_campaign=article&referring_guid=36c099ef-0131-49b9-86bb-3cabb8e20445). The Motley Fool has positions in and recommends Nvidia. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. [Neil Rozenbaum](https://www.fool.com/author/20363/?utm_source=usa-today&utm_medium=feed&utm_campaign=article&referring_guid=36c099ef-0131-49b9-86bb-3cabb8e20445) has no position in any of the stocks mentioned.

NVIDIA (NVDA) Q4 Earnings and Sales Top Estimates, Down YoY (Zacks.com)

For the fourth quarter, NVIDIA reported non-GAAP earnings of 88 cents per share, which beat the Zacks Consensus Estimate by 8.6%. Moreover, the reported figure ...

Shares of the company have jumped 23.9% in the past year. Shares of the company have lost 8.5% in the past year. For fiscal 2023, earnings estimates have moved north by 24 cents to $7.71 per share in the past 30 days. Shares of the company have declined 15.3% in the past year. For 2022, earnings estimates have dropped by 3.4% to $8.64 per share over the past 30 days. For 2023, earnings estimates have moved up by 52 cents to $3.38 per share in the past seven days. Automotive sales (4.9% of revenues) in the reported quarter totaled $294 million, up 135% on a year-over-year basis and 17% sequentially. Based on the market platform, Gaming revenues plunged 46% year over year while going up by 16% sequentially to $1.83 billion and accounted for 30.3% of total revenues. The year-over-year decline in earnings was mainly due to lower revenues and increased operating expenses. The decline was mainly due to the weak performance of Cryptocurrency Mining Processors, which generated nominal sales in the quarter compared with the year-ago quarter. Professional Visualization revenues (3.7% of revenues) decreased 65% year over year but increased 13% sequentially to $226 million. However, the quarterly earnings and revenues, each declined significantly on a year-over-year basis.

Breakfast on Wall St: NVDA snaps streak as shares pop on cracking ... (Stockhead)

Nvidia (NVDA) dropped its Q4 and FY earnings, and the numbers were not reflective of a stock which has jumped by about half since Christmas.

“Ordinarily, I’d prefer to buy when the price is closer to my short-term uptrend ribbon, I use it as a kind of ‘value zone’. That’s no coincidence, it was the day Jerome Powell was reappointed as chairman of the Federal Reserve, and then in his acceptance speech, flipped from ultra-dove to ultra-hawk. The rest is history, as they say, and so was the prevailing bull market! “NVDA has doubled from its $108.13 bear market low, but it’s showing excellent short-term momentum to continue to move higher. Like its peers, Nvidia is shipping fewer GPUs to retailers and partners instead of slashing prices. Now it’s the status quo: the company says it’s expecting to see US$6.5 billion next quarter PC makers planetwide are getting clocked by tanking demand for computers. In fiscal Q4 2023, Nvidia forecast it’d clock just US$6 billion. With a market cap now of US$524 billion (4.16% of the Nasdaq), Nvidia is currently the number #4 Nasdaq name by market cap, ahead of Alphabet (GOOGL), Tesla (TSLA), Meta (META), Broadcom (BCOM)and Pepsico (PEP). One of the reasons this company gets the spotlight, however, is that it’s got a good many moving parts and they’re all moving in a good direction. Wednesday night’s (US time) US$6.05 billion in quarterly revenue might be down about 20%, but it’s a beat on its own guidance and the Street’s expectations and this is a company still capable of pulling US$1.4 billion in profit on a slow track. As forecast by this very publication (we were emailed), US chipmaker and curiosity of the week, Nvidia (NVDA) dropped its Q4 and FY earnings after the market closed in New York, and, as also predicted, the numbers were perhaps not reflective of a stock which has jumped by about half since Christmas.

NVIDIA Corporation (NVDA) Q4 2023 Earnings Call Transcript (AlphaStreet)

NVIDIA Corporation (NASDAQ:NVDA) Q4 2023 Earnings Call dated Feb. 22, 2023.

And the reason for that is this AI, the production of intelligence is going to be manufacturing. Can you give us some insight into what that looks like in the next few years, and to the extent that some of your customers with these large language models are talking about 100x the complexity over that kind of time frame. And the reason I ask is because I found it interesting, your comments in your script, where you mentioned that your kind of view about the demand that generative AI is going to drive for your products are and now services, it seems to be a lot better than what you thought just over the last 90 days or so. And I guess we’re all talking about the drivers of the services and the compute that you’re going to host on top of these services with the different hyperscalers. So it seems like the incremental TAM is easily in the several hundreds, thousands of GPUs and easily in the tens of billions of dollars, but I’m kind of wondering what this does to the TAM numbers you gave last year. They stuck with it and the accumulation of all of the breakthroughs led to a service with a model inside that surprised everybody with its versatility and its capability. But the surprising capability of a single AI model that can perform tasks and skills that it was never trained to do. I think the universality of our of our computing, accelerated computing platform, the fact that we’re in every cloud, the fact that we are from cloud to edge makes our architecture really quite accessible and very differentiated. In this way and most importantly, to all the service providers because of the utilization is so high, because you can use it to accelerate the end-to-end workload and get such good throughput our architecture is the lowest operating cost. There’s a pre-processing part of it and a post-processing part of that to turn it into a application or service. Moving to the rest of the P&L, GAAP gross margin was 63.3% and non-GAAP gross margin was 66.1%. The second is the number of large language models or foundation models that have to be developed is quite large.