Shares & Derivatives
Nvidia Delivers Q3 FY2025 Earnings Beat: But Why Is The Stock Falling?
By TradingKey  •  November 21, 2024
TradingKey - It was the moment that the stock market had been waiting for; Nvidia Corp’s (NASDAQ: NVDA) latest earnings. The Artificial Intelligence (AI) semiconductor behemoth reported its latest Q3 FY2025 results (for the three months ending 27 October) on Wednesday after the market closed in the US. Nvidia shares have surged this year, following a monster 2023, and coming into the earnings release were up nearly 25% since the company last reported a set of quarterly numbers (in late August). The company’s latest Q3 FY2025 earnings exceeded the consensus expectations but, following the release, Nvidia’s stock price fell as much as 3.5% in after-hours trading. So, what should investors know about the latest “AI-centric” numbers from Nvidia and why exactly did its shares decline after? Blackwell chip production to hit margins On the top line, it looks good for Nvidia once more as the company posted revenue of...
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By TradingKey
TradingKey is a comprehensive financial education and news analysis website, providing real-time market data, financial news coverage across commodities, cryptocurrencies and more, as well as professional trading courses.
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