(Bloomberg) Equity investors can exhale. Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpTech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Your 401(k) Will Be Gone Within a DecadeChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseOn a day when virtually all trading felt like a prelude to Nvidia Corp.’s earnings report, the AI chip-making darling delivered a robust sales fore
Asian markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to cut rates.
Asia: Markets open higher after US tech gains businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Nvidia has reported better-than-expected quarterly revenue for the first three quarters of 2023, exceeding analyst estimates by 10-20 percent. The company forecasts a first-quarter revenue growth of 233 percent, surpassing Wall Street s expectations of 208 percent growth.
Asian markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to cut rates.Investors were looking to the European Central Bank's minutes of its most recent meeting on eurozone monetary policy, to be released later Thursday, for clues on when it could start cutting rates.