$NVIDIA(NVDA.US)$
As strong financial estimates suggest that related computational expenses are still strong, Nvidia's stock price surged more than 9% on Thursday, and its market capitalization surged by 220 billion US dollars (about RM1.04 trillion) in one day, equivalent to 8.6 $MAYBANK(1155.MY)$The market value of Bank of Malaysia.
As the leading Malaysian stock market, Bank of Malaysia's market capitalization is only RM120 billion.
Despite this, pre-market trading slipped slightly on Friday, fluctuating between $1,029 and $1,032.
On Wednesday, Nvidia gave a second-quarter revenue forecast of about 28 billion US dollars, exceeding analysts' estimates of 26.8 billion US dollars. Supported by growth in the data center sector, Nvidia's results for the first fiscal quarter ended April 28 also exceeded market expectations.
The biggest problem Nvidia faced before the earnings report was whether the latest data could prove that its dazzling stock price was reasonable. As of Wednesday, the stock surged 92% this year, as investors had high hopes that it would continue to break expectations.
Nvidia's performance did not disappoint. CEO Hwang In-hoon talked about the dawn of a new era, which further stimulated investors' excitement. “This is the beginning of a new industrial revolution,” he said in an interview. “It's just so exciting.”
The stock closed up 9.3% to $1037.99 on Thursday, expanding to 110% during the year. This increase far exceeds that of Intel, which once dwarfed Nvidia in every measure...

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House passes the Financial Innovation and Technology for the 21st Century Act.
Vote: 279 to 136, with strong bipartisan support.
Bill creates a tailored disclosure and registration regime for digital-asset companie...

Morning mooers! It is Wednesday May 22, the market is cautiously flat, awaiting Nvidia earnings after market closes.
My name is Kevin Travers, and here are the stories moving on Wall Street Today:
$Target (TGT.US)$'s fiscal first-quarter earnings missed Wall Street's estimates by 3C, and were 1% below last year's $2.05. Shares in the firm fell 8% in early trading, the lowest decline on the S&P 500.
The largest gainer on the S&P 50...

$VSTECS(5162.MY)$ done for the day. ❤️