Nvidia Reports Record Quarter, Shares Rise After Hours
Listen to the story
Nvidia is a big technology company. It makes computer chips. These chips help computers think fast.
Nvidia had a new record quarter. This means it made more money than ever before. The company's revenue was very high. Its profit was also very high.
After the news, Nvidia's stock price went up. It rose more than 4%. This happened in the afterhours. Afterhours is the time after the stock market closes.
But not everyone was excited. Wall Street stayed calm. Wall Street is the place in New York where people buy and sell stocks.
One expert, Jim Cramer, said it was a 'huge day.' He thinks Nvidia's results can change the whole market. Many people watch Nvidia closely. It is one of the biggest tech companies in the world.
Vocabulary10 words
- revenue
- all the money a company gets from selling things
- profit
- the money a company keeps after paying costs
- stock
- a small part of a company that people can buy
- afterhours
- the time after the stock market closes
- record
- the best or highest ever
- quarter
- three months of the year
- market
- the place where stocks are bought and sold
- expert
- a person who knows a lot about something
- technology
- computers, phones, and similar tools
- chips
- small parts inside computers that help them work
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Quiz
Answer key
1. A record quarter 2. It rose more than 4% 3. False
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Nvidia is a big technology company. It makes computer _____. These chips help computers think fast.
Nvidia had a new _____ quarter. This means it made more money than ever before. The company's _____ was very high. Its _____ was also very high.
After the news, Nvidia's _____ price went up. It rose more than 4%. This happened in the _____.
But not everyone was excited. _____ stayed calm.
One _____, Jim Cramer, said it was a 'huge day.' He thinks Nvidia's results can change the whole _____.
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