Nvidia reported Q3 earnings today (20 Nov) and results suggest that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high.

However, the reported number of a 94% year-on-year surge in revenue for the third quarter to $35.08 billion is still a consecutive slowdown from the previous three quarters. 

In terms of price action, shares fell 2% in extended trading, from $145 a share to $142. The Options market expected moves of about 10%.  

Isaac Lim, Chief Market Strategist, at online investment platform, Moomoo Singapore, discussed this price action and the possible implications of the consecutive revenue slowdowns, and where Nvidia is headed in 2025.

Nvidia reported Q3 earnings today (20 Nov) and results suggest that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high.
However, the reported number of a 94% year-on-year surge in revenue for the third quarter to $35.08 billion is still a consecutive slowdown from the previous three quarters. 
In terms of price action, shares fell 2% in extended trading, from $145 a share to $142. The Options market expected moves of about 10%.  
Isaac Lim, Chief Market Strategist, at online investment platform, Moomoo Singapore, discussed this price action and the possible implications of the consecutive revenue slowdowns, and where Nvidia is headed in 2025.

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We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

Stay in the know with programs such as Viewpoint and Industry Insights in property, cryptocurrency, aviation, and shipping. We delve into the latest news, current events, and market updates to provide you with valuable insights into making informed financial decisions.

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