Nvidia Earnings Spark AI Rally Across Tech and Crypto Markets
Its results boosted AI-linked stocks and helped pull Bitcoin and major mining firms higher, even as analysts warned of mounting financial pressures for miners expanding into AI infrastructure. At the same time, crypto exchange Bullish reported its best quarter since going public, swinging to profitability and posting sharp revenue growth, though its stock continues to slide.
Nvidia Beats Forecasts and Markets Jump
Nvidia once again delivered a standout performance in the third quarter, easily surpassing Wall Street expectations. The company reported $57.01 billion in revenue, beating the consensus estimate of $55.2 billion, while earnings per share rose to $1.30. This is well above both the projected $1.26 and the $0.81 that was recorded…
