Wall Street rises with Nvidia as bitcoin bursts above $99,000 [Los Angeles Times (CA)]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Los Angeles Times
The Standard & Poor's 500 closed 0.5% higher after flipping between gains and losses several times during Thursday trading. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, and bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones industrial average jumped 1.1%, and the Nasdaq composite edged up less than 0.1%. Nvidia rose just 0.5% after beating analysts' estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts' expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in after-hours trading Wednesday after the release of the results. Some investors said the market might have been looking for Nvidia's revenue forecast to surpass expectations by even more. But its s
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SPGI
Earnings
- 10/25/24 - Beat
SPGI
Sec Filings
- 11/20/24 - Form 4
- 11/15/24 - Form 4
- 11/7/24 - Form 4
- SPGI's page on the SEC website