Nvidia's Big Numbers Give Tech and Crypto a Boost

Nvidia just dropped some serious numbers. They made $57 billion in their last quarter. That's a huge jump from last year. People were worried about an AI bubble. But Nvidia's earnings put those fears to rest. Now, tech and crypto stocks are feeling the love. Nvidia's profits also went up. They made $31. 9 billion. That's a 65% increase from last year. They also said they expect to make $65 billion next quarter. This shows that AI is still hot. People want it, and they're willing to pay for it. Before Nvidia's earnings, tech stocks were sliding. Crypto was also taking a hit. But now, things are looking up. Nvidia's stock went up by 5% after hours. Other tech giants like Apple, Microsoft, and Amazon also saw gains. Crypto wasn't left out. Bitcoin had been dropping. It fell below $89, 000 for the first time in months. But after Nvidia's earnings, it started to recover. It's now around $91, 500. Ether also had a rough day. But it's now back above $3, 000. Nvidia's earnings were a big deal. They showed that AI is still growing. This gave a boost to tech and crypto. It's a reminder that big tech companies can have a big impact on the market. Their success can lift other stocks and even crypto.