18 sources·Business

Nvidia Reports Record Earnings Amid Global Market Fluctuations

Nvidia's Q3 earnings reveal remarkable revenue growth but stock dips amid global market reactions and investor concerns.

11%

72%

17%

The distribution of story sources: left-leaning (blue), center (light gray), and right-leaning (red).

Reliable

The underlying sources consistently report facts with minimal bias, demonstrating high-quality journalism and accuracy.

Balanced

The underlying sources are either a balanced mix of left and right or primarily centrist.

Subscribe to unlock this story

We really don't like cutting you off, but you've reached your monthly limit. At just $3/month or $30/year, subscriptions are how we keep this project going. Start your free 7-day trial today!

Get Started

No highlights available for this story.

Updated: Nov 21st, 2024, 5:47 AM ET

Summary

A summary of the key points of this story verified across multiple sources.

Nvidia reported a 94% revenue increase to $35.08 billion in Q3, exceeding expectations but seeing a 2.5% post-earnings stock dip. Despite solid AI chip demand, global shares generally fell as markets adjusted to Nvidia’s results and broader economic uncertainties. Nvidia's market cap surpassed $3.5 trillion, reaffirming its S&P 500 dominance, though analysts question long-term growth amid a potential plateau in AI model scaling.

Perspectives

Compare opinions on this story from liberal (Left), conservative (Right) or center-leaning news organizations.

No center-leaning sources available for this story.

History

A summary of how this story has evolved over the last 24 hours.