Cryptocurrency News

Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

05/26/2022

Less than a minute

2022.05.26 08:16

Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

American graphics card manufacturer Nvidia’s stock price tumbled in after hours trading on Thursday because the revenue outlook for Q2 has fallen short of expectations.

Quarterly growth from Q4 2021 to Q1 2022 was strong with an 8% increase in revenue to $8.98 billion and 3% increase in earnings per share to $1.36. It also stated it would continue a $15 billion share buyback program through the end of 2023 according to the filing to the Securities and Exchange Commission (SEC).

05/26/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 103,450.72 1.40%

Ethereum (ETH) $ 3,284.19 3.50%

XRP (XRP) $ 3.12 3.81%

Tether (USDT) $ 0.999883 0.02%

Solana (SOL) $ 239.34 11.10%

BNB (BNB) $ 702.62 2.18%

Dogecoin (DOGE) $ 0.401381 2.89%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.07 3.84%

Lido Staked Ether (STETH) $ 3,280.65 3.50%

TRON (TRX) $ 0.241334 1.70%

Avalanche (AVAX) $ 39.22 4.90%

Chainlink (LINK) $ 24.29 0.74%

Sui (SUI) $ 4.68 2.33%

Stellar (XLM) $ 0.460818 4.46%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 102,878.56 1.21%

Wrapped stETH (WSTETH) $ 3,897.82 3.39%

hedera-hashgraph

Hedera (HBAR) $ 0.351659 5.24%

Shiba Inu (SHIB) $ 0.000023 6.03%

the-open-network

Toncoin (TON) $ 5.35 3.99%

Polkadot (DOT) $ 7.04 4.49%

WETH (WETH) $ 3,281.93 3.60%

Litecoin (LTC) $ 126.80 7.85%

Bitcoin Cash (BCH) $ 464.96 2.85%

LEO Token (LEO) $ 9.74 0.51%

Uniswap (UNI) $ 14.08 5.40%

Bitget Token (BGB) $ 6.92 2.25%

Pepe (PEPE) $ 0.000019 4.42%

Hyperliquid (HYPE) $ 21.61 9.65%

Wrapped eETH (WEETH) $ 3,467.11 3.58%

USDS (USDS) $ 1.00 0.00%

NEAR Protocol (NEAR) $ 5.41 2.09%

Ethena USDe (USDE) $ 1.00 0.22%

Aptos (APT) $ 9.20 3.95%

internet-computer

Internet Computer (ICP) $ 10.65 5.61%

Aave (AAVE) $ 313.38 4.10%

VeChain (VET) $ 0.05236 5.08%

Ethereum Classic (ETC) $ 26.93 3.46%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.476046 6.10%

Monero (XMR) $ 216.85 1.66%

Render (RENDER) $ 7.49 4.51%

crypto-com-chain

Cronos (CRO) $ 0.138014 6.01%

Official Trump (TRUMP) $ 18.31 326.73%

Algorand (ALGO) $ 0.443042 6.65%

Kaspa (KAS) $ 0.143664 3.16%

Bittensor (TAO) $ 448.77 3.08%

Dai (DAI) $ 1.00 0.00%

Mantle (MNT) $ 1.07 7.04%

MANTRA (OM) $ 3.70 2.47%

Artificial Superintelligence Alliance (FET) $ 1.32 4.83%