Stock Exchange: Nasdaq turned after the rise of the rise – Nvidia is sinking

In the United States, the stock market opened up clearly, but the rise gradually fell after the opening. The technology -focused Nasdaq Composite opened 0.8 percent to the plus, but was half an hour after trading 0.2 percent minus.

However, the S&P 500 was listed by 0.1 percent with a plus, while Dow Jones was 0.4 percent on a plus.

Significant weight of the indexes Nvidia Last night released their results after the stock markets closed. Operational operating profit increased by four to billion dollars from $ 14.7 billion a year ago. The analysts had been blown up by $ 24.6 billion of operational operating profit.

Demand for the company’s new Blackwell architecture is strong. CEO Huang described the demand in the word exceptional. However, investors’ expectations were higher, as Nvidia’s share was half an hour after the opening was 2.9 %.

Bloomberg IntelligenCen analyst Kunjan Sobhani described the Nvidia report “mainly as expected”. According to him, Blackwell’s strong demand and $ 11 billion sales soothe the market, but new drivers that accelerate growth are missing.

JPMORGAN’s analyst Harlan on He sees the NVIDIA report as a solid, and points out that the demand for Blackwell exceeds supply for several quarters.

Truist Securitiesin William Stein considered the NVIDIA report strong, especially in terms of the result of the data center business. However, he stated that the catem margin did not meet expectations.

In the afternoon, a lot of new financial data from the United States was obtained.

There were no surprises in the economic growth of the fourth quarter of the United States. GDP grew by 2.3 per cent of the last quarter annually in the last quarter of last year, which was also the expectation of economist forecasts collected by Bloomberg.

In the third quarter, total production increased by 2.3 per cent, says Bloomberg. According to Bloomberg, the gross domestic product was raised in particular by strong demand for consumption, which increased by 4.2 percent.

However, surprises were seen in permanent consumption statistics. In January, permanent commodity orders increased by 3.1 percent from December, while Bloomberg’s economist forecast consensus expected orders to increase by 2.0 percent. In December, orders decreased by 1.8 percent from November, according to re -inspected statistics. According to Bloomberg, consumption increased by 3.5 % in non -defense equipment.

The opposite view was obtained from the housing market, as the ongoing housing sales fell 4.6 percent in January, while economists had been waiting for a decline of 0.9 %. Housing transactions in December decreased by 4.1 percent from November

On the other hand, 242,000 new unemployment benefits were received last week, while economists had been waiting for 221,000 new applications. The week before this, 220,000 new applications were received.

The US economy grew by 2.3 % in the last quarter of 2024, which was in line with previous estimates. Consumer consumption remained strong, increasing by 4.2 %. At the same time, inflation proved to be more persistent than expected before, which curbed expectations of possible central bank interest rates.

“Investors want lower interest rates, but they do not want them to come through a significant deterioration of the economy,” commented the analyst Bret Kenwell From Etoro to Bloomberg news agency.

Update at 5:12 pm: Added analysts’ comments on NVIDIA result.