{"id":84853,"date":"2023-05-25T01:31:16","date_gmt":"2023-05-25T05:31:16","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84853"},"modified":"2023-05-25T01:18:27","modified_gmt":"2023-05-25T05:18:27","slug":"nvidia-shares-spike-26-on-huge-forecast-beat-driven-by-a-i-chip-demand","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2023\/nvidia-shares-spike-26-on-huge-forecast-beat-driven-by-a-i-chip-demand.html","title":{"rendered":"Nvidia shares spike 26% on huge forecast beat driven by A.I. chip demand"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia<\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/investor.nvidia.com\/news\/press-release-details\/2023\/NVIDIA-Announces-Financial-Results-for-First-Quarter-Fiscal-2024\/default.aspx\" target=\"_blank\"> reported<\/a> first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading. Here\u2019s how the company did versus Refinitiv consensus estimates for the quarter ended in April:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>EPS<\/strong>: $1.09, adjusted, versus 92 cents expected<\/li><li><strong>Revenue<\/strong>: $7.19 billion, versus $6.52 billion expected<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/05\/24\/nvidia-nvda-earnings-report-q1-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 26% in extended trading. Here\u2019s how the company did versus Refinitiv consensus estimates for the quarter ended in April: EPS: $1.09, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84853","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84853"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84853\/revisions"}],"predecessor-version":[{"id":84854,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84853\/revisions\/84854"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}