Nov 19 Nvidia blows past earnings with 62% revenue growth

$PDD $QCOM $TGT

Market

“With Nvidia reporting strong earnings, the likelihood of good move higher for stocks tomorrow is likely which will help dip buyers be successful in the short term” 😊 😋

Markets started to recover by day’s end on Nvidia epectations

Nvidia reported 62% increase in revenue for Q3 to $57B vs $54B estimated and EPS of $1.3 vs $1.25. The next quarter revenues are expected to be at $65B in revenues, vs $61B expected by analysts which made the stock move higher by 6.5% after hours.

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