Nvidia jumps 4.7% after hours after revenue beat
Nvidia rose 4.71% after hours after reporting fiscal second-quarter revenue of $96.22 billion, above analysts’ roughly $92.2 billion estimate, and guiding third-quarter revenue to $105.84 billion-$110.16 billion.
S. stock futures climbed after Nvidia Corp (NASDAQ: NVDA ) delivered a blockbuster earnings report, while oil prices eased following news of an Iran-Oman agreement involving the strategically important Strait of Hormuz. 25. m.
EDT. 71% following a stronger-than-expected fiscal second-quarter report. 2 billion expected by analysts. 01 billion reported in the same quarter last year.
" Read Also: Iran Parliament Speaker Mocks Scott Bessent’s 'Economic D-Day' — 'Sir This Ain't Normandy, This is Improv Night and You Forgot Your Own Script' Tech Stocks Rally as Asian Markets Trade Mixed Moreover, in the after-hours session, Salesforce Inc. (NYSE: CRM ) jumped about 13%, while CrowdStrike Holdings Inc. 49% after both companies reported better-than-expected results, adding to the positive tone across technology stocks. S.
m. IST. 99. 73 per barrel.
885 per MMBtu. The decline followed Iran’s Revolutionary Guard’s statement that Tehran had reached an agreement with Oman to jointly manage the Strait of Hormuz, according to CNBC. Iran and Oman have agreed to split revenue generated from the Strait of Hormuz, according to a Revolutionary Guard spokesman cited by state-run news agency Tasnim. While the official did not specify whether Tehran would impose a transit toll, the revenue-sharing arrangement indicates that Iran may introduce a fee for vessels passing through the strategic waterway.
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