CNBC Daily Open: Nvidia beat expectations – as expected?
Publishing timestamp: 2024-08-28 20:39:34
Summary
Nvidia reported strong earnings and revenue, along with a $50 billion stock buyback, but its shares fell around 7% in extended trading. The broader market also fell, with concerns about sustainability of Big Tech's boom. Berkshire Hathaway hit $1 trillion in market capitalization, becoming the first non-technology U.S. company to reach that milestone.
Sentiment: MIXED
Tickers: .DJI, .SPX, BRK.A, BRK.B, NVDA, .IXIC, SMCI,
Keywords: world markets, technology, business news, berkshire hathaway inc, markets, s&p 500 index, super micro computer inc, dow jones industrial average, nvidia corp, united states, nasdaq composite,
Source: https://www.cnbc.com/2024/08/29/stock-markets-nvidia-beat-expectations-as-expected.html