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Stocks making the biggest moves after hours: Nvidia, Twitter and more

Here are the stocks making notable moves after the bell. Nvidia — The chip stock dropped more than 6% after Nvidia's guidance for the second quarter showed lighter-than-expected revenue. The company said in a press release that sanctions on Russia and lockdowns in China would amount to a $500 million hit for the quarter. Nvidia did beat expectations on the top and bottom lines for the first quarter.
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CNBC

Nvidia shares sink on weak Q2 guidance

CNBC's Kristina Partsinevelos, joins 'Closing Bell: Overtime' to report Nvidia's shares taking a hit after hours on weak Q2 guidance. With Ritholtz's Josh Brown and Requisite's Bryn Talkington.
STOCKS
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CNBC

Nvidia stock falls on light guidance, CFO says company will slow hiring

Nvidia reported fiscal first-quarter earnings on Wednesday. The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter. Nvidia will slow down its hiring pace and control expenses as the company deals with a challenging macroeconomic environment, its CFO Colette Kress said. Nvidia will...
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CNBC

Nasdaq 100 futures fall after chip giant Nvidia delivers light guidance

Stock futures were mixed on Wednesday evening as investors digested a disappointing update from Nvidia, an economic bellwether in the technology industry. Stock futures tied to the Dow Jones Industrial Average rose 12 points, or less than 0.1%. Those for the S&P 500 slipped les than 0.1%, while Nasdaq 100 futures shed 0.2%.
STOCKS

NVIDIA Computex 2022 Keynote features gaming, AI, robotics and more

If you missed the live stream of the NVIDIA Computex 2022 Keynote presentation you be pleased to know it has now been made available on you tube for your viewing pleasure. Providing a glimpse at what you can expect from the new developments in technology being created by the engineers, computer scientists and designers at NVIDIA.
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CNBC

Options Action: Nvidia earnings

Optimize Advisors' Mike Khouw looks at divided options traders big bets on Nvidia earnings. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Bonawyn Eison and Guy Adami.
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Digital Trends

Nvidia’s first CPU is here and powering next-gen cloud gaming

During Computex 2022, Nvidia announced the upcoming release of its first system reference designs powered by the Nvidia Grace CPU. Upon launch, Nvidia’s first CPU will help usher in the next generation of high-performance computing (HPC), enabling tasks such as complex artificial intelligence, cloud gaming, and data analysis. The...
COMPUTERS
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Could Earnings Put NVIDIA Stock Back on Track?

Down more than 44% in 2022 alone, NVIDIA's (NVDA) - Get NVIDIA Corporation Report stock is a classic example of a high-multiple stock that has suffered from the market turbulence weighing on growth stocks. Nvidia has been a growth phenomenon — its earnings have beaten Wall Street expectations for 12...
STOCKS
Digital Trends

Nvidia’s new liquid-cooled GPUs are heading to data centers

Nvidia is taking some notes from the enthusiast PC building crowd in an effort to reduce the carbon footprint of data centers. The company announced two new liquid-cooled GPUs during its Computex 2022 keynote, but they won’t be making their way into your next gaming PC. Instead, the H100...
COMPUTERS
TechCrunch

Vultr will now let you rent a share of Nvidia’s A100 GPUs in its cloud

Typically, when you need access to a high-end GPU for machine learning and similar use cases, the smallest unit you can buy is access to the entire GPU. On the CPU side of things, buying just a slice of CPU power is standard, but until now, that just wasn’t possible for GPUs, even though for many use cases, like inferencing, you would only need access to a fraction of the GPU’s compute power.
COMPUTERS

Nvidia stock drops as China COVID shutdowns weaken outlook

Nvidia Corp. shares fell in the extended session Wednesday after COVID shutdowns in China and the war in Ukraine shaved half a billion dollars off the chip maker’s outlook for the current quarter, while the company reported record results. For the fiscal second, or current, quarter, Nvidia NVDA forecast...
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