AI chip chief Nvidia (NVDA) topped even Wall Road’s elevated “whisper numbers” with its fiscal first quarter outcomes and steering. The information despatched Nvidia inventory surging on Thursday. X The Santa Clara, Calif.-based firm late Wednesday stated its adjusted earnings rocketed 461% 12 months over 12 months to $6.12 a share within the quarter ended … Read more
Nvidia (NVDA) stock fell Wednesday after rival AI chipmaker Advanced Micro Devices (AMD) disappointed investors with its tepid guidance. Semiconductor stocks overall took a bath following quarterly reports from AMD and Skyworks Solutions (SWKS). X Late Tuesday, AMD matched Wall Street’s earnings target for the first quarter but sales were a tad light. Its sales … Read more
Advanced Micro Devices Takes On Nvidia in the Market for AI Chips In the red-hot market for artificial intelligence chips, Advanced Micro Devices (AMD) finds itself in a familiar position: playing No. 2 to the market leader, Nvidia. AMD’s Battle for Market Dominance Playing the role of the underdog is nothing new for AMD. In … Read more
Dow Jones Futures Dip, S&P 500 Futures and Nasdaq Futures Follow Suit Dow Jones futures, as well as S&P 500 futures and Nasdaq futures, experienced a slight decrease overnight, suggesting a cautious start to the day for investors. Stock Market Takes CPI Inflation Report in Its Stride, Big Techs Lead Despite a higher-than-expected core CPI … Read more
Expedia Announces CEO Change Amid Quarterly Earnings Beat Expedia, a leading online travel company, surprised investors with a change in leadership while surpassing earnings expectations for the fourth quarter. However, the stock price plummeted the following day, dipping below a crucial threshold that it had reached a day earlier as it hit a new 52-week … Read more