Nvidia just dropped some serious numbers. They made $57 billion in their last quarter. That's a huge jump from last year. People were worried about an AI bubble. But Nvidia's earnings put those fears to rest. Now, tech and crypto stocks are feeling the love.

Nvidia's profits also went up. They made $31. 9 billion. That's a 65% increase from last year. They also said they expect to make $65 billion next quarter. This shows that AI is still hot. People want it, and they're willing to pay for it.

Before Nvidia's earnings, tech stocks were sliding. Crypto was also taking a hit. But now, things are looking up. Nvidia's stock went up by 5% after hours. Other tech giants like Apple, Microsoft, and Amazon also saw gains.

Crypto wasn't left out. Bitcoin had been dropping. It fell below $89, 000 for the first time in months. But after Nvidia's earnings, it started to recover. It's now around $91, 500. Ether also had a rough day. But it's now back above $3, 000.

Nvidia's earnings were a big deal. They showed that AI is still growing. This gave a boost to tech and crypto. It's a reminder that big tech companies can have a big impact on the market. Their success can lift other stocks and even crypto.


    # **Nvidia's Massive Earnings Boost Tech and Crypto Markets**

    **Nvidia just dropped some serious numbers.**

    - **Revenue:** $57 billion (last quarter)
    - **Profit:** $31.9 billion (65% increase from last year)
    - **Next Quarter Forecast:** $65 billion

    ## **AI is Still Hot**

    People were worried about an AI bubble, but Nvidia's earnings put those fears to rest. The demand for AI is strong, and consumers are willing to pay for it.

    ## **Market Reactions**

    ### **Tech Stocks**
    - **Nvidia:** +5% after hours
    - **Other Tech Giants (Apple, Microsoft, Amazon):** Gains reported

    ### **Crypto**
    - **Bitcoin:** Recovered from below $89,000 to around $91,500
    - **Ether:** Back above $3,000

    ## **Conclusion**

    Nvidia's earnings proved that AI is still growing, giving a much-needed boost to tech and crypto markets. Big tech companies continue to have a significant impact on the market, lifting other stocks and even cryptocurrencies.

    

Nvidia's Big Numbers Give Tech and Crypto a Boost

AI is Still Hot

Market Reactions

Tech Stocks

Crypto

Conclusion

Actions