On this episode of Stock Movers:
 Nvidia (NVDA), the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle. Sales will be about $65 billion in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday. Analysts had estimated $62 billion on average, with some predictions ranging as high as $75 billion. Nvidia shares gained about 5% in late trading after the report was released. They had been up 39% this year through the close.
 Block (XYZ) shares rose about 7% after the payments firm, led by Jack Dorsey, said it expects profit growth to accelerate over the next three years while launching products at a faster clip and doubling down on efforts to integrate its consumer-focused Cash App and merchant payment service Square.
Alphabet (GOOG) shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly released version of its Gemini artificial intelligence model spurred investor confidence about the company’s position in the ever-changing tech landscape.

<p>On this episode of Stock Movers:</p>
<ul>
<li>&nbsp;Nvidia (NVDA), the world&rsquo;s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle. Sales will be about $65 billion in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday. Analysts had estimated $62 billion on average, with some predictions ranging as high as $75 billion. Nvidia shares gained about 5% in late trading after the report was released. They had been up 39% this year through the close.</li>
<li>&nbsp;Block (XYZ) shares rose about 7% after the payments firm, led by Jack Dorsey, said it expects profit growth to accelerate over the next three years while launching products at a faster clip and doubling down on efforts to integrate its consumer-focused Cash App and merchant payment service Square.</li>
<li>Alphabet (GOOG) shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly released version of its Gemini artificial intelligence model spurred investor confidence about the company&rsquo;s position in the ever-changing tech landscape.</li>
</ul>

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Stock Movers

Nvidia Gives Upbeat Forecast, Block Expects Profit Growth, Alphabet Soars

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/81350014-cf4f-4c51-b79e-b39a0172079f/transcript

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