NVIDIA (NASDAQ:NVDA) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.10 by 6.36 percent. This is a 60.27 percent increase over earnings of $0.73 per share from the same
Nvidia Hits Record High as Stock Surge Nears 120% This Year
-- Nvidia Corp. rallied to a record on Thursday, in the latest example of the chipmaker extending a 2021 gain that has seen the stock more than double.The stock gained 8.3% and was on track for its longest winning streak since June. The shares have gained nearly 18% over the six-day advance, and are up 45% from a low in early October. Nvidia is up almost 120% this year, making it the biggest gainer in the Philadelphia Stock Exchange Semiconductor Index, which is up 31%.Retail investors have tak
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Tesla beats Q3 revenue estimates but supply-chain problems impacting factories
Tesla Inc on Wednesday beat Wall Street expectations for third-quarter revenue on the back of record deliveries as the electric car maker navigated through a prolonged global shortage of chips and raw materials.Tesla said it aims to increase production in the fourth quarter from the previous quarter, adding that "the magnitude of growth will be determined largely by outside factors.". Tesla, the world's most valuable automaker, has weathered the pandemic and the global supply-chain crisis better