From Yahoo Finance: 2025-05-01 08:28:00

Nvidia stocks jumped 5% as Microsoft and Meta reported strong AI demand, easing investor worries. Meta raised its 2025 capex guidance by 9% to $64-72 billion, highlighting AI support. Microsoft reiterated its capex guidance, expecting growth. Alphabet also reaffirmed its $75 billion capex plans. Amazon is expected to show similar trends in its upcoming results. Despite a tough year, Nvidia’s financial outlook remains solid, supported by tech giants’ AI spending. Analysts see big tech’s AI investments as a positive sign for Nvidia.



Read more at Yahoo Finance: Why Nvidia stock is popping after big quarters for Microsoft and Meta