Archive for May 23rd, 2024

New Overnight Developments Abroad - Daily Update

Steller Nvdia Earnings, Early May Purchasing Manager Surveys, and Central Bank Rate Announcements in Turkey and South Korea

May 23, 2024

AI Bellwether Nvidia earnings and revenues soared past expectations last quarter, with on-year jumps of 461% and 262%, respectively. The company’s share price jumped 7.2% in after-hours trading, helping to drive up the Nasdaq and SPX by 1.0% and 0.6% in futures. Equity markets in Japan (+1.3%) and India (+1.6%) were big winners, too. But […] More

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