“Bitcoin and Other Cryptos Showed Some Valativity, But Were Mostly Flat in the Minutes Following the Report.”, – WRITE: www.coindesk.com
The Results Underscore The Chipmaker’s Role at the Center of the Ai Boom, As Demand for Its High-Povered Processors Showed Little Sign of Slowing.
Shares of the Company Fell 1.7% in after-hours trading, with some noting data center revenue as a bit soft at $ 41.1 Billion against estimates of $ 41.29 Billion.
AI-Linked Tokens Such As Internet Computer ICP$ 5.0741Near Protocol, and Bittensor Tao$ 335.41 Showed Little Reaction to the News, Trading Roughly Flat from Prior to the Results.
Bitcoin BTC$ 112.331.25Ether (ETH) and XRP Xrp$ 3.0111 Knee-Jerked Lower On the News, But Quickly Retraced Those Losses, Showing Roughly No Net Movement from Prior to the Earnings.
Wall Street Will Parse Nvidia’s Commentary Closely, Especially for Signs that Hyperscalers Like Microsoft, Meta, and Amazon Are Still Ramping Up Chip Orders. Analysts are also look for updates on the company’s work to development more administrative chips for china, A Market WHERE USE EXPORT RESTERRICPIONS COMPLICATION Sales.
NVIDIA IS SET TO HOST ITS EARNINGS CALL AT 5 PM ET, WHERE Executives Will Field Questions from Analysts.
X Icon
Solana’s Sol Surged Past $ 208, Outpacing Broader Markets As Analysts Weight Breakout Signals, Treasury Demand and New Institutional Validtor Activity.
- SOL GAINED 7.68% in 24 Hours, OutperForming The Coindesk 20 Index and Broader Crypto Market.
- Analysts Point to Breakout Levels, Treasury Demand and Potential Spot Etf Approval by the US Sec As Key Drivers.
- Staking Service Provider Corus One, In Partnership with Crypto Research Firm Delphi Digital, Launched A New Institutes-Grade Solana Validator.
Read Full Story