Will Nvidia's Blockbuster Results Be Enough to Send the Stock Higher?

Will Nvidia's Blockbuster Results Be Enough to Send the Stock Higher?

Nvidia (NASDAQ: NVDA) has been in sizzling form on the stock market in 2024, thanks to the stunning growth the company has been clocking quarter after quarter, which explains why the market was awaiting its fiscal 2025 third-quarter results (for the three months ended Oct. 27) with bated breath. Does this mean Nvidia's red-hot rally has hit a speed bump? Nvidia reported record quarterly revenue of $35.1 billion in fiscal Q3, an increase of 94% from the year-ago period.