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NVIDIA's Q4 Earnings Blowout: Buy, sell or hold?
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Today's Morning Movers: NVDA, ASML, DASH, RIVN and More

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Movers and Shakers joined discussion · Feb 22 07:39
Morning Movers
Gapping up
$NVIDIA(NVDA.US)$ Shares of the widely watched semiconductor leader soared by 13% in premarket trading as the company reported earnings that far exceeded expectations, riding the wave of the artificial intelligence boom. Nvidia announced an adjusted earnings of $5.16 per share and a revenue of $22.1 billion for the fourth quarter. This performance surpassed the predictions of analysts surveyed by LSEG, who had expected earnings of $4.64 per share and revenue of $20.62 billion. Additionally, Nvidia projected that its revenue for the current quarter would outperform Wall Street's estimates.
$Moderna(MRNA.US)$ The stock of the vaccine manufacturer climbed over 5% after the company reported fourth-quarter revenues that topped expectations. Moderna's revenue came in at $2.81 billion, surpassing the $2.50 billion forecast by analysts polled by LSEG. The company also delivered an unexpected profit, bolstered by deferred revenue, despite a significant drop in sales of its Covid vaccine.
$Synopsys(SNPS.US)$ Shares popped 4.5% a day after the software company issued better-than-expected earnings for the fiscal first quarter and strong current-quarter earnings. Synopsys posted $3.56 per share, excluding items, in earnings, topping the LSEG consensus prediction of $3.43 per share.
$DoorDash(DASH.US)$ The food delivery stock advanced nearly 5% on the back of an upgrade to overweight from equal weight by Morgan Stanley. The firm said the stock is at an attractive entry point and has a long growth runway.
$Coty Inc(COTY.US)$ The stock of the cosmetics firm rose by 3% after TD Cowen raised its rating to outperform from market perform. The upgrade was motivated by strong performance in the fragrance sector. Analyst Oliver Chen increased the price target to $16, up from $13, suggesting a potential gain of over 26% from the closing price of $12.64 on Wednesday.
$ASML Holding(ASML.US)$ Shares of the semiconductor company surged by 3.9% following HSBC's initiation of coverage with a buy rating. The financial institution indicated that the share price, as well as the 2025 estimates, could see an upside if the industry enters an upcycle.
$Gates Industrial(GTES.US)$ Shares of the manufacturing company climbed 4.8% after KeyBanc upgraded the stock to overweight from sector weight. KeyBanc's optimism is based on the belief that the stock has been overly discounted following the exit of private equity from its stake.
Gapping down
$Lucid Group(LCID.US)$ The stock of the luxury electric vehicle maker declined over 7% following its fourth-quarter revenue shortfall. Lucid reported revenue of $157 million, falling short of the $180 million analysts had anticipated, according to LSEG. Earlier on Thursday, Cantor Fitzgerald downgraded Lucid's rating to underweight from neutral, based on information from Street Account.
$Etsy Inc(ETSY.US)$ The online marketplace's shares dropped by 8.6% during Thursday's premarket session after delivering a mixed fourth-quarter report. Although Etsy's revenue surpassed Wall Street forecasts, earnings per share were at 62 cents, which did not meet the 78 cents analysts expected, as surveyed by LSEG.
$Rivian Automotive(RIVN.US)$ The electric vehicle manufacturer's shares plummeted by 17% following the announcement of deeper-than-anticipated losses and a workforce reduction of 10%. Rivian's revenue exceeded analysts' projections, but the company reported a loss of $1.36 per share, which was 4 cents more than the loss predicted by consensus estimates from LSEG. Additionally, Rivian indicated that its car production would likely be lower than previously expected.
Source: CNBC; Investing.com
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