Making sense of the markets this week: September 1, 2024 + MORE Aug 30th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News

Engadget Podcast: Switch 2 review, Summer Game Fest and WWDC 2025 - Engadget Jun 13th

Engadget Podcast: Switch 2 review, Summer Game Fest and WWDC 2025  EngadgetSwitch 2 is the continuity candidate that might just win  PolygonNintendo Switch 2 Sales Boom, But Tariff Uncertainty Clouds Stock Outlook  MorningstarNintendo Switch 2 Outselling the OG Switch 2.... More »
 canadian savings bond

How to fund accessible home renovations in Canada + MORE Jul 5th

My house, as I told my insurance broker recently, is the Canadian housing equivalent of ancient. Built in the 1910s in Saskatoon, this house has many foibles. To hang pictures, I have to use wood screws lest regular nails bounce off of the layers and layers of paint. My basement is a little more tha.... More »

The best high-interest savings accounts in Canada for 2026 + MORE Mar 16th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »
 real estate

Ski-Doo maker BRP reports Q4 earnings, delays financial forecast + MORE Mar 27th

Economic uncertainty stirred up by whipsawing U.S. tariff threats prompted BRP Inc. to push back its financial forecast for the coming year, with the trade limbo exacerbating weak consumer demand that drove the Ski-Doo maker to an earnings loss last quarter. “There’s still the uncer.... More »

Beyond bullion: Smarter ways for Canadians to invest in gold Oct 20th

Gold prices are flying. As of October 17, the spot price of gold is trading at $5,928 per ounce in Canadian dollars, or roughly $4,227 in U.S. dollars. The surge comes on the back of what Wall Street has dubbed “the debasement trade.” In simple terms, this refers to investors reacting to long-t.... More »
Making sense of the markets this week: September 1, 2024Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Nvidia earnings land on the moon—shareholders were aiming for the stars

Pretty much any other company in the world would be thrilled to post Nvidia’s quarterly earnings numbers, but right now Nvidia isn’t “any other company.”

Nvidia earnings highlights 
All numbers below are in USD.

Nvidia (NVDA/NASDAQ): Earnings per share came in at $0.68 (versus $0.64 predicted), while revenues totalled $30.04 billion (versus $28.70 billion predicted).

Revenues were up 80% year over year. Net income was up 268%. Nvidia has so much extra revenue, it spent $50 billion to repurchase its own shares.

Despite the growth and overall earnings numbers, Nvidia shares were down 7% in immediate after-hours trading after the Wednesday close. It fell 6% on Thursday but was up 1.3% before trading began Friday. Other AI-linked chip stocks slipped in sympathy Thursday morning, with AMD, Broadcom and Micron falling 1…

Continue Reading On moneysense.ca »

When you’re at a new restaurant, do you have to see the menu before you order? Or do you eat what your foodie friend says is good, knowing it’ll be amazing? The answer can help you decide how to pick a new credit card. Some people want the ability to compare their options side-by-side; others want just a few recommendations (from people who know what they’re talking about). This page offers both. Use the tool below to compare popular student credit cards, or keep scrolling for our editors’ top picks. Whichever you choose, we promise the end result will be delicious.

powered by

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!