Nvidia Surge; Salesforce and Crowdstrike Upside Moves
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) shares are moving higher after yesterday's blowout earnings report. Nvidia said revenue will grow about 70% next fiscal year, outstripping analysts’ estimates for a 45% jump. The company's Chief Financial Officer Colette Kress said Nvidia would grow faster if it had access to more supplies, and that customers' forecasts point to the company's growth doubling next year.
- Salesforce (CRM) is higher after giving an outlook for strong revenue expansion and deepening its partnership with Anthropic PBC.
- Crowdstrike (CRWD) is climbing after the company projected revenue for the full year that exceeded analysts' estimates.
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