In This Article:
The tech-heavy Nasdaq Composite (^IXIC) dropped by 1.12% on Wednesday just before Nvidia (NVDA) released its second quarter earnings report. The Dow Jones Industrial Average (^DJI), which closed at an all-time high on Tuesday, was down around 0.4% while the S&P 500 (^GSPC) fell about 0.6%.
Shares of Nvidia fell about 5% after the closing bell despite beating estimates on the top and bottom line, while approving an additional $50.0 billion share buyback plan. D.A. Davidson managing director Gil Luria joined the show to give more insight into the company's earnings and what's next for its Blackwell chip.
Salesforce (CRM) Salesforce reported fiscal 2025 second quarter results that topped Street estimates on both the top and bottom lines. Adjusted earnings of $2.56 per share was better than the expected $2.35. Revenue was $9.33 billion versus the expected $9.23 billion. Third Bridge analyst Charlie Miner joined the show to give insight into the company's performance and outlook.
For more expert insight and the latest market action, click here.