Nvidia and Salesforce Lead Tech Stocks Higher Amid Strong Earnings
Nvidia and Salesforce led the charge on Wall Street Thursday, as technology stocks rose after both companies reported stronger-than-expected profits for the spring quarter.
Nvidia was the standout performer, with its stock rallying 8.7% after delivering stronger profit and revenue than analysts had predicted, according to the AP.
The chip giant also gave optimistic forecasts for upcoming revenue growth, suggesting demand remains strong for chips used in artificial intelligence projects.