Nvidia stock turns positive in premarket trading as investors buy dip following earnings report
1. Nvidia reported $46.74 billion in quarterly sales, beating estimates. 2. Adjusted EPS was $1.05, surpassing the $1.01 analysts expected. 3. Data center revenue grew 56%, but missed expectations for the second straight period. 4. Nvidia forecasts $54 billion revenue for the next quarter, above analyst expectations. 5. Analysts noted modest guidance upside despite strong earnings performance.