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On August 27, NVIDIA's stock rose nearly 6% in pre-market trading. The company's revenue for Q2 of fiscal year 2027 was $96.2 billion, a 106% year-over-year increase; adjusted earnings per share were $2.22, up 120% year-over-year. NVIDIA's CFO stated during the earnings call that revenue for fiscal year 2028 is expected to grow by about 70%, significantly surpassing the market estimate of 45%. NVIDIA's CEO Jensen Huang mentioned that they have never provided performance guidance a year in advance before.
On August 27, NVIDIA's stock rose nearly 6% in pre-market trading. The company's revenue for Q2 of fiscal year 2027 reached $96.2 billion, a year-on-year increase of 106%; adjusted earnings per share were $2.22, up 120% year-on-year. NVIDIA's CFO stated during the earnings call that revenue for fiscal year 2028 is expected to grow by about 70%, significantly exceeding the market estimate of 45%. NVIDIA's CEO Jensen Huang noted that the company has never provided performance guidance a year in advance before.
On August 27, Nvidia's stock rose nearly 6% in pre-market trading. The company reported Q2 revenue of $96.2 billion for fiscal year 2027, a 106% year-over-year increase; adjusted earnings per share were $2.22, up 120% from the previous year. Nvidia's CFO stated during the earnings call that revenue for fiscal year 2028 is expected to grow by approximately 70%, significantly surpassing the market estimate of 45%. Nvidia's CEO Jensen Huang noted that this is the first time the company has provided performance guidance a year in advance.
On August 27, today, Foreign Ministry spokesperson Lin Jian hosted a regular press conference. A reporter asked about the high-level interactions between China and the U.S. In response, Lin Jian stated that both sides are maintaining communication regarding the arrangements for presidential interaction this year. (CCTV News)
On August 27, today, Foreign Ministry spokesperson Lin Jian hosted a regular press conference. A reporter asked about the high-level interactions between China and the U.S. In response, Lin Jian stated that both sides are maintaining communication regarding the arrangements for presidential interaction this year. (CCTV News)
On August 27, the Ministry of Commerce held a regular press conference. Spokesperson Huang Ling responded to questions regarding the U.S. government's consideration of imposing an additional 7.5% tariff on goods imported from China. She stated that the U.S. initiated a Section 301 investigation against 16 economies, including China, citing 'overcapacity' as a reason. This politicization of economic and trade issues is a typical act of unilateralism and protectionism, which China firmly opposes. We will continue to closely monitor and comprehensively assess the subsequent actions of the U.S. and reserve the right to take all necessary measures. (Xinhua News Agency)
On August 27, the Korea Composite Stock Price Index closed up 104.16 points, an increase of 1.53%, ending at 6912.37 points. Among individual stocks, Samsung Electronics rose by 1.72%, while SK Hynix increased by 2.49%.
On August 27, the Korea Composite Stock Price Index closed up 104.16 points, an increase of 1.53%, ending at 6912.37 points. Among individual stocks, Samsung Electronics rose by 1.72%, and SK Hynix increased by 2.49%.
On August 27, Reto Cueni, Chief Economist at Stifel Group, stated in a report that the market may slightly increase expectations for a Federal Reserve rate hike at the September meeting. However, he noted that the majority of the market still likely expects the Fed not to raise rates, and Stifel Group itself currently does not anticipate a rate hike. Cueni said, "At present, we continue to maintain the view that the Fed will not raise rates further in the second half of this year." According to LSEG data, the money market currently assigns a 65% probability that the Fed will keep rates unchanged at the September meeting.
On August 27, news emerged that Reto Cueni, Chief Economist at Stifel Group, stated in a report that the market may slightly raise its expectations for a rate hike at the Federal Reserve's September meeting. However, he pointed out that the market still largely anticipates that the Fed will not raise rates, and Stifel Group itself does not currently believe a hike will occur. Cueni remarked, 'At this time, we maintain our judgment that the Fed will not raise rates further in the second half of this year.' According to LSEG data, the money market currently estimates a 65% probability that the Fed will keep interest rates unchanged at the September meeting.
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