Thursday, February 27, 2025
HomeWorld NewsNVIDIA's fourth-quarter revenue exceeded expectations | Real Time Headlines

NVIDIA’s fourth-quarter revenue exceeded expectations | Real Time Headlines

NVIDIA CEO Jensen Huang gave a keynote speech at the 2025 Consumer Electronics Show (CES), showing the company’s latest innovations in Las Vegas, Nevada, USA on January 6, 2025.

Artur Widak | Anadolugeti Images

NVIDIA’s revenue more than doubled in 2024 compared to the same period last year, which exceeded analysts’ expectations. Additionally, the company expects sales to continue to grow faster than Wall Street estimates this quarter.

Most of them belong to Nvidia’s new Blackwell AI chips, which are being invested in billions of dollars. The chip maker also downplayed concerns about DeepSeek, saying more efficient AI models still require a lot of processing power in the long run.

Meanwhile, consumer surveys from the Consumer Council and the University of Michigan show concerns about the economy and inflation are increasing.

This reached a 10-year fiscal yield of higher than a 3-month note below a 3-month note, resulting in an “inverse yield curve”, which is acknowledged and largely accurate, and is a sign of an imminent recession in 18 months.

Even though NVIDIA makes money from income, Big Tech also provides confidence for the U.S. economy in CAPEX, it seems a bit shaky. Whether the technology can stabilize remains to be seen.

What you need to know today

Nvidia beats expectations and provides rosy guidance
Nvidia Report Fourth quarter revenue After Wednesday’s bell The expectation of defeating Wall Street. Net income for the quarter rose to $22.09 billion, up 80% in the same period a year ago, while quarterly revenue rose 78%. NVIDIA also provided guidance for the quarter above the LSEG estimate. But its growth rate slowed – the stock fell 1.5% in expansion trading. Still, CEO Jensen Huang has confidence in the next generation of AI needs 100 times higher than the old model.

S&P and Nasdaq break losses
On Wednesday, two S&P 500 and Nasdaq Composite Materials Breaked four days of loss. Based on the broad index gained 0.01%, Nasdaq stock rose 0.26%. this Dow Jones Industrial AverageHowever, it fell by 0.43%. Asia-Pacific markets are mixed on Thursday. Japanese Nikkei 225 even though Seven and me Stocks fell as much as 12%, the company said Founding families fail to secure financing Need to buy a convenience store operator.

Economic Announcement at the China Conference
Starting Tuesday, China will hold its annual parliamentary gathering, known as the “two meetings.” At the opening meeting, Beijing is expected to Reduce its annual consumer price inflation target to around 2% Based on 3% or more in previous years Asian Institute of Social Policy. Analysts also believe China will increase its budget deficit, which will allow for more meaningful stimulus measures.

U.S. production curve inverted
this 10 years of fiscal revenue By 3 months to pay attention In Wednesday’s transaction, it caused “Inverted yield curve. “This is seen as a predictor of recession. Provide monthly updates This relationship, as well as the percentage of the recession, over the next 12 months.

(PRO) NVIDIA stock shakes the market
According to Goldman Sachs, NVIDIA’s earnings appear after the bell will have a greater impact on the stock market than on the stock market. Two reasons This time it is Nvidia’s super influence.

at last…

Tesla CEO Elon Musk, who postponed a scheduled trip to India this week, will meet with Prime Minister Narendra Modi on the grounds of “severe Tesla obligations.”

Anadolu | Anadolu | Getty Images

Modi wants Tesla to make cars in India. Making a plan may not be easy

India has always hoped that Tesla will build a manufacturing base in the country. Automakers, which now seem reluctant to be long-term, are now showing interest in the market, just as the Indian government is trying to welcome it by implementing a new electric vehicle tariff policy.

India proposed an EV policy last year that recommended reducing import tariffs on electric vehicles from about 70% to 15%, The domestic news agency IANS said the government will begin accepting applications under this policy by the end of March. The EV policy is a targeted move to Tesla’s business interests, which shows that India is ready to support the electric vehicle manufacturing industry.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments