{"id":55178,"date":"2025-11-20T08:35:48","date_gmt":"2025-11-20T01:35:48","guid":{"rendered":"https:\/\/hbbgroup.net\/crypto-tech-stocks-climb-on-nvidias-blowout-q3-earnings\/"},"modified":"2025-11-20T08:35:48","modified_gmt":"2025-11-20T01:35:48","slug":"crypto-tech-stocks-climb-on-nvidias-blowout-q3-earnings","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/crypto-tech-stocks-climb-on-nvidias-blowout-q3-earnings\/","title":{"rendered":"Crypto, tech stocks climb on Nvidia\u2019s blowout Q3 earnings"},"content":{"rendered":"
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Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia\u2019s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.<\/p>\n

Nvidia reported<\/a> record revenue of $57 billion for its third quarter ended Oct. 26, up 62% from a year ago and beating Wall Street projections<\/a> of $54.7 billion.<\/p>\n

The company reported a profit of $31.9 billion, a 65% increase from last year and surpassing analyst expectations. It also gave a higher-than-expected guidance of $65 billion in revenue for its fourth quarter, suggesting the appetite for artificial intelligence<\/a> isn\u2019t yet slowing down.<\/p>\n

Concerns of an AI bubble had seen tech shares<\/a> slide over the past weeks, which saw crypto also dump as investors sold off risky assets, and the broader market was awaiting Nvidia\u2019s earnings as a health check on the AI-heavy tech sector.<\/p>\n

Source: <\/em>Eric Balchunas<\/em><\/a><\/figcaption><\/figure>\n

Crypto, tech stocks rise on Nvidia earnings<\/h2>\n

Shares in Nvidia (NVDA) jumped over 5% in after-hours trading on its Q3 earnings to $196 after closing trading on Wednesday up 2.85% to $186.52.<\/p>\n

The chip maker\u2019s earnings beat helped lift shares across crypto companies after-hours, with Coinbase (COIN), Strategy (MSTR) and Circle Internet Group (CRCL) all seeing slight bumps after finishing the trading session down.<\/p>\n

Nvidia\u2019s stock is up nearly 39% so far this year as the company has seen a windfall from hype around AI. Source: <\/em>Google Finance<\/em><\/a><\/figcaption><\/figure>\n

Crypto exchange Bullish (BLSH) was also lifted by 1% in post-trading after finishing the day down 3.7% despite beating Wall Street\u2019s predictions and reporting its strongest quarter<\/a> since going public in August.<\/p>\n

Related: <\/strong><\/em>21shares Solana ETF launches amid crash, but flows signal investor interest<\/strong><\/em><\/a><\/p>\n

Big Tech stocks were also up, with Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN) and Meta (META) all seeing gains after the bell.<\/p>\n

Bitcoin lifts from below $89,000<\/h2>\n

Nvidia\u2019s earnings have also helped to buoy<\/a> Bitcoin (BTC<\/a>), which has dropped over 10% in the past week amid a wider market rout.<\/p>\n

Bitcoin fell to a 24-hour low of $88,540 in late trading on Wednesday, dipping below $89,000<\/a> for the first time since late April.<\/p>\n

It has since seen a recovery to around $91,500, coinciding with Nvidia\u2019s earnings announcement and is down 0.6% over the past day, per<\/a> CoinGecko.<\/p>\n

Ether (ETH<\/a>) has also seen a recovery after sinking to around $2,873 on Wednesday, its first time under $2,900 since mid-July. It has climbed back above $3,000 and is down 1.9% on the day.<\/p>\n

Magazine: <\/strong><\/em>If the crypto bull run is ending\u2026 it\u2019s time to buy a Ferrari \u2014 Crypto Kid<\/strong><\/em><\/a><\/p>\n