Pia Singh
Markets Reporter at CNBC
Markets Reporter @CNBC. Previously @WSJ, @dailypenn. ✉️: [email protected]
Articles
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1 week ago |
cnbc.com | Pia Singh
Traders work on the floor of the New York Stock Exchange on May 28, 2025. NYSES&P 500 futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia. Futures tied to the broad market index rose 0.3%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 15 points. Nvidia shares jumped more than 4% in after-hours trading.
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1 week ago |
cnbc.com | Pia Singh
Check out the companies making headlines in after-hours trading. Nvidia — The artificial intelligence chipmaker's shares jumped 5% after Nvidia reported better-than-expected quarterly results , as its data center business recorded year-over-year growth of 73%. Nvidia reported first-quarter adjusted earnings per share of 96 cents on revenue of $44.06 billion, higher than analysts' estimates for earnings of 93 cents a share on revenue of $43.31 billion, according to LSEG.
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1 week ago |
cnbc.com | Pia Singh
The bullish thesis on Nvidia remains in place ahead of earnings, but analysts have questions about the company's path forward. The tech giant is due to post fiscal first quarter results after the bell. Analysts polled by LSEG expect the chipmaker to report adjusted earnings of 93 cents per share on $43.28 billion in revenue for the quarter that ended in April. Those figures signal year-over-year earnings and revenue growth of 52% and 62%, respectively.
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1 week ago |
cnbc.com | Pia Singh
Charter Communications and Toast are among a handful of overlooked stocks in the market that could see gains ahead, according to Bank of America. Stocks have been ripping higher as President Donald Trump reverses or delays many tariffs laid out in early April. The S & P 500 has surged more than 20% since hitting an intraday low on April 7. Traders continue to hunt for good bargains, however, as volatility persists amid on ongoing policy changes.
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1 week ago |
cnbc.com | Pia Singh
Check out the companies making headlines before the bell. Newmont — The gold miner's stock shed 2% alongside the decline in the precious metal's price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union.
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