Toronto-dominion Bank (TD) News & EventsTDNews & EventsToronto-dominion Bank

Nvidia Projects 70% Revenue Growth for Next Fiscal Year

Nasdaq and S&P futures are higher after Nvidia delivered another blockbuster quarter and issued an upbeat outlook. Nvidia projected about 70% revenue growth for next fiscal year, reinforcing the view that demand for AI computing infrastructure remains strong and that the current AI capital expenditure cycle has more room to run.Attention now shifts to Jackson Hole with Fed Chair Kevin Warsh scheduled to deliver his keynote speech Friday at 10 a.m. ET. Investors will be looking for clues about whether the Fed views persistent inflation as a reason to keep rates higher or whether weakening labor-market conditions could eventually justify easing.In pre-market trading, S&P 500 futures rose 0.29%, Nasdaq futures rose 0.83% and Dow futures fell 0.22%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Nvidiaup 6%Oktaup 18%Dollar Generalup 12%CrowdStrikeup 9%Salesforceup 9%TD Bankup 1%Royal Bank of Canadaup 1%DOWN AFTER EARNINGS -Build-A-Beardown 15%HP Inc.down 11%Best Buydown 6%Dollar Treedown 7%Burlington Storesdown 4%Titan Machinerydown 2%LOWER -Modernadown 3% after $2B convertible note offering

TD Bank Reports Q3 Revenue of C$16.89B

Reports Q3 revenue C$16.89B, consensus C$14.99B. Reports Q3 CET1 capital ratio 14.3%. "TD had a very strong quarter, with record earnings in our Canadian businesses and Wholesale Banking, and growing momentum in U.S. Banking," said Raymond Chun, Group President and CEO, TD Bank Group. "With a focus on disciplined execution, ROE was up significantly and we generated positive operating leverage while continuing to invest in front-line talent, AI and innovation to deepen client relationships and grow the Bank. One year after Investor Day, we are delivering on our commitments, executing our strategy and creating value for our shareholders."

TD Bank Appoints Jill Gateman as Head of U.S. Commercial Banking

TD Bank U.S. announced that Jill Gateman has been named Head of U.S. Commercial Banking. TD is integrating its Corporate, Commercial, Small Business, and Regional Banking segments under one leader to transform how the business operates - strengthening execution, accelerating growth, and delivering more connected solutions for clients. In this role, Gateman will lead the end-to-end delivery of products, capabilities, and client coverage across TD's integrated Commercial Banking platform, including corporate and regional commercial banking, small business, sponsor and specialty finance, treasury management, government banking, middle market banking, asset-based lending, franchise finance, institutional commercial real estate, healthcare lending, municipal and not-for-profit banking, equipment finance, as well as commercial credit management and operations. Gateman brings deep institutional knowledge, including extensive experience across TD's Commercial Banking franchise where she has led efforts to enhance client solutions and offerings, strengthen core businesses and invest in new AI-enabled tools and digital innovation.