Nvidia CEO Jensen Huang said the AI computer behemoth is only beginning to meet demand after more than tripling revenue to $130.5 billion last year and earning $11 billion from early shipments of its Blackwell GPUs in the fourth quarter alone. Due to the strong demand for its AI chips and systems, Nvidia more than…
Asian stocks fell Thursday as investors digested US President Donald Trump’s most recent tariff proposals and Nvidia Corp.’s lackluster results. Hong Kong technology equities and Chinese equity measures declined as 10-year Treasury rates slightly increased. Following Trump’s announcement that his government will slap 25% tariffs on the European Union, European equities index futures fell as…
Global equities surged as markets recovered from Tuesday’s hiccup, with investors waiting to see if Nvidia Corp.’s earnings reports could help reignite the artificial intelligence-driven rise. Stocks in Europe reached a new intraday high, climbing almost 0.8%. Resources companies led the gains after President Donald Trump announced tariffs on copper, boosting the price of metals….
Is the US economy starting to turn over? The combination of recent data disappointments, rising trade tensions, and sharp asset market movements implies that investors are beginning to consider such a scenario. On Tuesday, Treasury Secretary Scott Bessent cautioned that the economy may be more “brittle” beneath the surface than headline figures suggest. If this…
On Tuesday, the company released its delayed financial results, just in time to fulfill the Nasdaq listing requirement. Shares of the server manufacturer rose 22% in extended trade following the filing. “In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company on June 30, 2024,” BDO,…
On Tuesday, U.S. President Donald Trump proposed replacing a visa program for foreign investors with a so-called “gold card” that could be purchased for $5 million as a pathway to American citizenship. Trump told reporters that he plans to replace the “EB-5” immigrant investor visa program, which lets foreign investors become permanent residents by investing…
Shares of the electric car producer fell more than 8% on Tuesday, bringing the company’s market capitalization below $1 trillion and to its lowest level since November 7, two days after President Donald Trump’s election triumph. The stock is down 25% this year, while the Nasdaq is down only 1.5%, and it has fallen more…
On Tuesday, February 25, US equities were trading in the mix, with the S&P 500 up only 0.1 percent. While the Nasdaq Composite decreased by 0.3 percent, the Dow Jones Average also saw a rise of about 0.4 percent. Nvidia’s stock fell 0.6 percent on Tuesday, bringing its 2025 fall to 3.5 percent. The company…
Ahead of consumer confidence data and after President Trump reiterated the prospect of tariffs on Canada and Mexico, US markets are sluggish amid a cautious atmosphere. Trump reaffirmed the possibility of imposing tariffs on Canada and Mexico starting Monday. Reports of more export curbs to China also put pressure on chip stocks. US Futures: Dow…
Tuesday saw the S&P 500 drop for the fourth straight day as traders considered worries about global trade and economic growth. The broad market index closed at 5,955.25, down 0.47%. The Nasdaq Composite ended the day at 19,026.39, down 1.35%. This week, Nvidia led the tech-heavy index’s 2.8% decline, sending the Nasdaq into a losing…