Stocks open higher

Marketplace All-in-One

Marketplace

Business, News

4.5 • 1.4K Ratings

🗓️ 22 February 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Nvidia shares surge after it reports higher-than-expected fourth quarter earnings, with quarterly revenues of about $22 billion; Japan’s Nikkei stock index is finally back to where it was more than three decades ago; new claims for unemployment benefits fall unexpectedly in mid February; thousands of AT&T customers report outages.

Transcript

Click on a timestamp to play from that location

0:00.0	Stocks open higher, I'm Nancy Marshall Genser with the Marketplace Minute.
0:05.6	Invidia shares popped after it reported higher than expected fourth quarter earnings
0:10.4	with quarterly revenues of about $22 billion.
0:14.0	That's up 265% from a year ago.
0:17.4	NVIDIA is riding a wave of demand for its computer chips,
0:20.7	which are used in AI. Japan's Nicket stock index is finally back to where it was more than three decades ago.
0:28.0	It closed at a record high today.
0:30.0	Japanese companies are reporting healthy profits and foreign investors are piling into Japanese stocks.
0:36.3	New claims for unemployment benefits fell unexpectedly in mid-February, down 12,000 from the previous week, according to the Labor Department.
0:45.0	That's in spite of layoffs in tech and media.
0:48.3	And thousands of AT&T customers reported outages today.
0:52.3	The website Down detectorector showed service disruptions in Houston, Atlanta, and other major cities.
0:58.2	AT&T said it was working urgently to restore service.
1:01.8	I'm Nancy Marshall Genser with the Marketplace Minute.

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.