Bloomberg Evening Briefing: Inflation data suggests a half-percentage-point rate cut is not possible
There was good news and bad news on U.S. inflation on Wednesday. The good news is that headline inflation is continuing its downward trend toward the 2% threshold desired by the Federal Reserve. The bad news is that if you…
Nasdaq and S&P 500 rise as Nvidia leads recovery from CPI sell-off
Following higher-than-expected inflation figures on Wednesday, markets are quickly pricing in a higher probability that the US Federal Reserve will decide on a small interest rate cut at its September meeting. Markets sold off after news that the Fed will…
Nvidia slides in premarket trading after share price decline wipes out nearly $300 billion
Nvidia CEO Jensen Huang speaks during Computex 2024 on June 4, 2024 in Taipei. AFP | Getty Images NVIDIA Shares fell 2% in premarket trading on Wednesday after Bloomberg reported that the company had received a subpoena from the Justice…
Nvidia shares down after hours despite better than expected and rising second quarter results
SAN JOSE, CALIFORNIA – MARCH 18: Nvidia CEO Jensen Huang delivers a keynote address during the … (+) Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. The developer conference is expected to…
Nvidia shares slip even as earnings beat Wall Street estimates and demand for AI chips rises
LOS ANGELES (AP) — Nvidia’s soaring profit beat Wall Street estimates — shaken by the chipmaker’s dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company…
Nvidia beat Wall Street forecasts, but shares fell 3.7% in after-hours trading
LOS ANGELES (AP) — Nvidia’s soaring profit beat Wall Street estimates — shaken by the chipmaker’s dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed. The company…
Is Pure Storage Inc (NYSE:PSTG) the best undervalued AI stock to buy now?
We recently published a list of Top 10 AI news and analyst reviews you shouldn’t miss. With Pure Storage Inc (NYSE:PSTG) ranking 9th on the list, it deserves a closer look. Investors are on edge as Jensen Huang’s AI giant…
Nvidia’s multimillionaire employees work until 2 a.m., 7 days a week in “golden handcuffs” | Trends
Employees at Nvidia Corp., led by billionaire co-founder and CEO Jensen Huang, work in a stressful and grueling work environment that leaves them little time to enjoy the high salary the graphics chip maker pays them, a report says. Jensen…
Nvidia earnings near ‘drop-the-mic’ moment as investors await ‘massive’ AI demand forecast from CEO Jensen Huang, says tech bull
Nvidia earnings near ‘drop-the-mic’ moment as investors await ‘massive’ AI demand forecast from CEO Jensen Huang, says tech bull The upcoming earnings report from NVIDIA Corp. (NASDAQ:NVDA) could be a defining moment for the company, according to a prominent analyst….
Like Warren Buffett? Jensen Huang of Nvidia sold a record $323 million worth of shares in July before the stock market crash
12 August 2024, 13:18 IST Jensen Huang made the stock sale ahead of the broader sell-off that followed a series of weak U.S. economic data and missed tech earnings. Jensen Huang sold a record amount of Nvidia shares from his…
