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BullDigest's April 24 Post-Market Summary of NVIDIA Corporation

  • 4 days ago
  • bulldigest.com
  • Keywords: Post-Market, Summary, NVIDIA Corporation

Check out BullDigest's April 24 Post-Market Summary of NVIDIA Corporation. We provide a summary of the key news from market opening hours.

Post-Market SummaryNVDAsentiment_dissatisfiedINTCsentiment_dissatisfiedTSLAsentiment_dissatisfiedCOSTsentiment_satisfiedAVGOsentiment_satisfiedTXNsentiment_satisfiedPEPsentiment_dissatisfiedNOWsentiment_satisfied

Estimated market influence

Nvidia

Nvidia

Negativesentiment_dissatisfied
Analyst rating: Strong buy

Excluded crypto startups from their accelerator program.

Alphabet (Google)

Positivesentiment_satisfied
Analyst rating: N/A

AI advancements in Google search and YouTube ad revenue growth.

Intel

Intel

Negativesentiment_dissatisfied
Analyst rating: Neutral

Cutting spending despite federal grants.

Tesla

Tesla

Negativesentiment_dissatisfied
Analyst rating: Neutral

Missed Q1 2025 earnings due to factory upgrades and tariffs.

Eli Lilly & Co.

Positivesentiment_satisfied
Analyst rating: N/A

Bullish outlook by Louis Navellier.

Costco

Costco

Positivesentiment_satisfied
Analyst rating: Buy

Bullish outlook by Louis Navellier.

Super Micro Computer Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Bullish outlook by Louis Navellier.

Broadcom

Broadcom

Positivesentiment_satisfied
Analyst rating: Strong buy

Tech stocks performing well on Nasdaq Composite and S&P 500.

Texas Instruments

Texas Instruments

Positivesentiment_satisfied
Analyst rating: Neutral

Tech stocks performing well on Nasdaq Composite and S&P 500.

PepsiCo

PepsiCo

Negativesentiment_dissatisfied
Analyst rating: Neutral

2% drop due to tariff volatility.

ServiceNow

ServiceNow

Positivesentiment_satisfied
Analyst rating: Strong buy

Up over 12% after earnings estimates were beaten.

IBM

Negativesentiment_dissatisfied
Analyst rating: N/A

Down 5.8% despite beating estimates.

Context

Business Insights and Market Implications Summary

Nvidia Restricts Crypto Startups from Accelerator Program

  • Key Change: Nvidia's Inception accelerator program now excludes crypto startups, consulting firms, cloud providers, resellers, and public companies.
  • Revenue Impact: The company faces potential $5.5 billion revenue loss due to US export restrictions on AI chips to China (13% of 2024 sales).

Google Sales Jump Due to AI-Driven Ad Growth

  • Q1 Revenue: Alphabet reported $90.23 billion, up 12%, with EPS at $2.81.
  • AI Impact: AI advancements in Google Search (1.5 billion monthly users) and YouTube ad revenue ($8.93 billion) drove growth.

Intel Cuts Spending After Federal Grants

  • Spending Reduction: Capital expenditures reduced by 10% ($20B to $18B).
  • Federal Funding: Received $7.9 billion for U.S. semiconductor manufacturing, but cuts attributed to efficiency and restructuring.

Tesla Q1 Earnings Miss

  • Revenue Drop: Missed estimates with 9.2% YoY sales decline to $19.34B.
  • Key Metrics: Vehicle deliveries (336,681), Automotive Revenue ($13.97B), Energy Revenue ($2.73B) all missed targets.
  • Reasons: Factory upgrades, tariff issues, and brand hostility.

Louis Navellier Bullish on Growth Stocks

  • Investment Focus: Bullish on Nvidia (NVDA), Eli Lilly & Co. (LLY), Costco (COST), Super Micro Computer Inc. (SMCI).
  • Expectations: Double-digit earnings growth, Fed rate cuts (up to four), and U.S. economic resilience despite challenges.

Mixed Market Performance

  • Tech Gains: Broadcom, Intel, Texas Instruments outperformed.
  • Consumer Staples Down: PepsiCo (PEP) dropped 2% due to tariff volatility.
  • ServiceNow Rise: Up 12% after beating estimates.
  • Durable Goods Orders: Surged 9.2%, while home sales fell 5.9%.

This summary captures critical business developments, market trends, and strategic implications across key companies and sectors.