Nvidia (NASDAQ: NVDA) reported a remarkable 65% increase in revenue during its fiscal first quarter, primarily driven by a 73% surge in data center revenue. This quarter’s performance reflects increasing demand due to the rising need for AI computing power. Despite an anticipated $8 billion revenue hit from U.S.-China export controls, Nvidia’s shares have risen 82% since April 7, propelling its market cap to $3.8 trillion.
Carnival Corp. (NYSE: CCL), the largest cruise line globally by revenue, trades at 14 times its boosted earnings guidance for the fiscal year. It reported strong demand, with customer deposits for future sailings reaching a record $8.5 billion, marking the highest level for this time of year. Carnival has consistently outperformed Wall Street profit targets for the past 11 quarters.
Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) continues to lead in search and advertising, with a market cap of $2.2 trillion. The company has experienced a steady 8% growth in annual revenue for over two decades, although its stock showed a slight 3% decline over the past year. Alphabet’s forward earnings multiple stands at 19 times this year’s estimates, representing a more reasonable entry when compared to Nvidia.
