On Wednesday, the market continued its downward trend, and the world's most valuable listed company's strong quarterly earnings report helped to contain the sell-off.
Nvidia (Nvidia) reported revenue of $57 billion in the third quarter and expects fourth quarter revenue to be between $63.70 billion and $66.30 billion, much higher than the consensus market expectation of $61.98 billion. It is worth noting that Nvidia Chief Financial Officer Colette Kress said in the earnings call that the service life of graphics cards (GPUs) is being extended.
The positive news for the $4.50 trillion company sent its own shares up 5 per cent and had a ripple effect on the cryptocurrency space. After falling below $89,000 earlier in the day, bitcoin prices had recovered to about $91,000 at press time, according to TheBlock's price data. Meanwhile, investors added to bitcoin mining stocks after hours, even as the day ended lower.
Among them, Cipher Mining led the way, rising more than 13% in after-hours trading; IREN rose about 10%, followed by Bitfarms, TeraWulf, and CleanSpark, with similar gains; while MARA, the largest bitcoin mining stock by market capitalization, rose relatively modestly, at about 4%.
Nvidia's third-quarter results were impressive, and bitcoin mining stocks such as Cipher and IREN rose after trading
2025-11-20 00:19:24
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
英伟达第三季度业绩亮眼，Cipher、IREN等比特币矿业股盘后上涨Next article：
BNB突破900美元
