NVIDIA CORP
Asian stocks set to slide as Nvidia disappoints The outlook threatened to cool an AI frenzy that has transformed Nvidia into the world’s second-most-valuable company. The chipmaker is the key beneficiary of a race to upgrade data centers to handle AI software, and its sales forecasts have become ...
29 Aug, 2024, 06.44 AM ISTAsian stocks cautious as markets await Nvidia: Markets wrap Asian stocks dipped as traders await Nvidia’s earnings to gauge the AI market's strength. With Japan and Australia's markets seeing declines and Nvidia accounting for over 6% of S&P 500's market cap, all eyes are on the giant chipmaker. Recent US co...
28 Aug, 2024, 06.43 AM ISTAsian stocks fluctuate as Nvidia earnings awaited: Markets wrap Asian markets moved in narrow ranges following declines in tech giants dragging Wall Street down. Japanese and South Korean stocks turned slightly positive, with mild gains in Australia. Nvidia earnings, expected to be strong, could impact the marke...
27 Aug, 2024, 06.36 AM IST- ADVERTISEMENT
Intel to lay off 15,000 employees as chipmaker tries to revive its business Intel revealed plans to cut around 15,000 jobs, which amounts to 15% of its workforce, as a strategic move to save $10 billion by 2025. The decision comes in response to disappointing quarterly results and aims to realign costs and revitalize its po...
05 Aug, 2024, 05.52 PM ISTAsian stocks echo US rally ahead of inflation data: Markets wrap Tech rally lifted Asian stocks, S&P 500, and Nasdaq 100; Taiwan Semiconductor strong. Powell hinted at rate cuts; core CPI to rise. China tightened short selling. Inflation data awaited. Japan orders, Thai confidence, Malaysia, and South Korea polic...
11 Jul, 2024, 06.39 AM ISTToilet cleaning stories of world's richest - Elon Musk and Jensen Huang - will shock you Recently, Nvidia's founder and CEO Jensen Huang shared his leadership insights and generative AI perspectives with Stanford students. He recounted humble beginnings as a dishwasher and toilet cleaner, emphasizing that no task is beneath him. Elon Mu...
07 Jul, 2024, 04.53 PM ISTRetail traders are getting bigger than ever in US stock options Retail traders were responsible for 18.3% of the total options activity in June, a record, the bank’s strategists led by Bram Kaplan wrote Friday in a note to clients on Friday. More than 60% of their orders were for contracts expiring a week out or...
29 Jun, 2024, 10.03 AM ISTAmazon hits $2 trillion in valuation on AI fervor, rate cut bets The stock climbed 3.4% to $192.70, pushing the e-commerce giant’s market value past $2 trillion. This elevation places it alongside technology giants like Microsoft Corp, Apple Inc, Nvidia Corp, and Alphabet in the elite $2 trillion club.
26 Jun, 2024, 10.32 PM ISTWall Street’s smart-trade brigade thrashed again on stock boom Despite financial institutions promoting complex investment strategies to clients worried about economic instability and Federal Reserve decisions, the most profitable approach remains the straightforward strategy of buying and holding onto the S&P ...
22 Jun, 2024, 10.02 AM ISTWall St Week Ahead: Rally in US big tech stocks may be getting stretched The blistering rally in U.S. big tech stocks, particularly in the S&P 500, may be due for a breather amidst concerns of overheating, especially with Nvidia Corp's significant gains. Market segments like utilities are lagging behind tech stocks, prom...
22 Jun, 2024, 10.01 AM ISTAll roads lead to Nvidia as tech sees record inflows, Says BofA Nvidia Corp became the world's most valuable company, driving record inflows into tech funds. Bank of America Corp strategists noted $8.7 billion inflow in tech funds via EPFR Global data, with strategist Michael Hartnett commenting on the impact of...
22 Jun, 2024, 09.40 AM ISTNvidia’s 591,078% rally to most valuable stock came in waves Nvidia's remarkable journey from its IPO to becoming the most valuable company is a testament to its strategic vision, innovative products, and adaptability in emerging markets like AI and data centers.
19 Jun, 2024, 07.37 AM ISTBig tech is driving the S&P rally. The rest have to step up soon Tech stocks face diverging performances as Nvidia leads the pack, while Apple struggles, causing a profit cool down and an emerging asymmetry among Big Tech stocks, affecting the overall earnings potential in 2024.
10 Jun, 2024, 07.09 AM ISTNvidia hitting $3 trillion propels Jensen Huang’s wealth above Michael Dell’s On Friday, Huang reached another milestone, surpassing personal computer pioneer Michael Dell to become the world's 13th-richest person with a net worth of $106.1 billion, according to the Bloomberg Billionaires Index. His wealth has increased by mo...
08 Jun, 2024, 05.55 PM ISTNvidia CEO announces next-gen Rubin AI platform for 2026 The company - now best known for its artificial intelligence data center systems - also introduced new tools and software models on the eve of the Computex trade show in Taiwan. Nvidia sees the rise of generative AI as a new industrial revolution an...
02 Jun, 2024, 11.52 PM ISTThe unexpected boon for the otherwise boring industrial products from AI boom Stocks in the utility space are no longer the sedate ones that are reserved for defensive investors seeking steady returns. They have now caught the fancy of momentum investors and traders. With the successful spinning of the AI story to the power a...
02 Jun, 2024, 01.14 PM ISTNvidia and five tech giants now command 30% of the S&P 500 Index The S&P 500 Index is now dominated by the six major US companies, Microsoft Corp., Apple Inc., Nvidia Corp., Alphabet Inc., Inc., and Meta Platforms Inc., marking a notable shift in market dynamics.
31 May, 2024, 09.06 AM ISTUS is slowing AI chip exports to Middle East by Nvidia, AMD In October, the Commerce Department added much of the Middle East to chip export restrictions that originally focused on China and a handful of other foreign adversaries. That meant companies needed a special US government license to ship cutting-ed...
31 May, 2024, 08.53 AM ISTNvidia's profit soars, underscoring its dominance in chips for artificial intelligence Nvidia's profit soared, driven by AI dominance and CEO Jensen Huang's vision of 'AI factories' creating artificial intelligence. The company reported a sevenfold increase in net income and a 10-for-1 stock split, with shares rising 6% in after-hours...
23 May, 2024, 08.29 AM ISTArm plans to launch AI chips in 2025: report Arm Holdings to launch AI chips in 2025, with SoftBank's involvement. TSMC negotiations ongoing. Investors anticipate SoftBank's earnings report for growth investment clues amid a surge in AI computing interest.
13 May, 2024, 07.47 AM IST