Showing 25 of 860 articles.
Nvidia (NVDA) delivered a strong quarter, beating Wall Street expectations and offering a stronger-than-expected outlook. But with the AI trade already priced for near-perfection, even another blowout may not be enough to move investors. Seaport Research Partners senior analyst Jay Goldberg joins Josh Lipton on Asking for a Trend to explain why Nvidia’s impressive results could ultimately be a “nobody is going to care” moment for the stock.
Apple's premium brand provides it with tremendous pricing power and a loyal customer base, which has resulted in impressive bottom-line performances.
Nvidia (NVDA) reported another strong earnings report on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $2.22 (compared to analyst estimates of $2.09), and revenue came in at $96.2B billion (compared to analyst estimates of $92.38 billion). Yahoo Finance's Josh Lipton and Breaking Business News Reporter Jake Conley take a closer look at the breaking numbers.
Released on August 14, Berkshire Hathaway’s second-quarter 13F filing showed the conglomerate became a net buyer of nearly $19.8 billion in stocks, its first net-buying quarter in 14 quarters. The shift was driven primarily by an 83% increase in its Alphabet Inc. (NASDAQ:GOOGL) stake, to about 106 million shares worth $37.8 billion, making it Berkshire’s […]
The market has punished Oracle's stock like a laggard, even as its valuation multiple sits near the top of its peer group and profitability remains strong.
Artificial intelligence developer Anthropic PBC has committed $45 billion to lease AI cloud computing infrastructure from London-based Nscale.
Boston Scientific stock crumbled Wednesday after the company said a cybersecurity incident interrupted processing and shipping.
Resistance to data center development and AI regulation is taking center stage in politics ahead of the midterm elections. Yahoo Finance Breaking Business News Reporter Jake Conley joins Market Domination's Josh Lipton to break down the growing demand for industry oversight and which state is seeing a surprise pushback against data center construction.
International Data Corporation (IDC) projects that Apple’s premier foldable iPhone will spark a major market resurgence at launch, with over 10 million shipments in its first year.
Apple’s new AI-powered Macs are adding another growth angle to AAPL stock. But with shares already pricey, is the stock still worth buying now?
Jim Cramer highlighted Sandisk Corporation (NASDAQ:SNDK) capital-return plans on the August 24 episode of Mad Money, as he said: I do not envy the executives trying to appease shareholders with giant returns of capital. Most companies have a preset pattern. The average company in the S&P 500 returns a great deal of the profits to […]
Tesla’s China team told Tencent Tech that the Shanghai data center facility is running normally and that related hiring is accelerating, CNEVPost reported.
Tesla lost a senior AI hardware design leader, Shishuang Sun, to DensityAI, a startup built largely by former members of its own Dojo team, highlighting intense competition for specialized chip talent.
Charging more may protect profit per vehicle, but it raises the stakes for already-fragile demand.
Apple (AAPL) is expected to reignite growth in the foldable smartphone category when it debuts its f
The volatile token still faces formidable long-term challenges.
Moonshot is seeking up to 30% of Kimi K3 revenue from U.S. cloud giants.
The sector's strongest names are separating from the pack
The company nearly doubled its long-term non-handset target in June, while a faster Apple exit and a cost squeeze went straight into the near-term numbers.
(Updates with latest market prices and developments.) US benchmark equity indexes drifted lower i
Nvidia is expecting another quarter of massive revenue growth, while its valuation has fallen to historically low levels.
The company has increased its dividend for 30 consecutive years.
NVIDIA Corporation (NASDAQ:NVDA) is trying to turn its AI chips into an entirely new asset class. The company announced partnerships with six major financial firms, Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR, to launch “compute financing platforms” aimed at raising more than $500 billion in outside capital for AI infrastructure. CEO Jensen Huang said […]
Investing.com -- Anthropic PBC has agreed to spend $45 billion to rent AI cloud computing power from Nscale's data center development in West Virginia, Bloomberg reported Wednesday. The deal comes as the AI company works to secure capacity ahead of its planned initial public offering.
Coinbase taps Chainlink to supply pricing data for tokenized stocks on Base, connecting traditional securities with onchain finance.