🎢 Nvidia earnings more than doubled — shares soared by 241% so far in 2023 Financial results: Adjusted earnings of $4.02 per share, surpassing the estimate of $3.37 per share. Revenue for the fiscal third quarter reached $18.12 billion, exceeding expectations of $16.18 billion. The company’s revenue soared 206%. Guidance: Nvidia provided a revenue forecast of $20 billion for the fiscal fourth quarter, implying a year-over-year growth rate of nearly 231%. Stock reaction: Following the earnings report, Nvidia’s stock initially moved down 1% in extended trading. NVDA surged by 241% so far in the year, outperforming the S&P 500 index, which has risen by 18% over the same period. Don’t miss out on important market updates. Follow Compoyo 🦉and visit compoyo.com ___ #compoyo #tradinganalysis #earningsreport #nvidia #forextrading #nvda #artificialintelligence #nas100 #nasdaq #indices #technicalanalysis #us30 #dowjones #commoditytrading #forexmentor #artificalintelligence #supplyanddemand #smartmoneyconcepts #nvidiageforce #tradingview #tradingmindset #semiconductor #chipmaker #ai #tradingplatform #forexnews #tradingnews #metatrader5 #marketnews
