NVIDIA Corporation is a leading technology company primarily known for its innovations in graphics processing units (GPUs) that enhance visual computing across various applications, including gaming, professional visualization, and artificial intelligence. Beyond its strong presence in gaming, NVIDIA's products are integral to deep learning and data center solutions, empowering advancements in machine learning, autonomous vehicles, and high-performance computing. By leveraging its cutting-edge technologies, NVIDIA aims to drive the future of computing and improve experiences across industries, from entertainment to scientific research. Read More
US equity futures are flat, with cash markets of course closed for Labor Day holiday, stabilizing after Friday's selloff in tech stocks amid renewed Nvidia jitters.
This data center operator has surged 221% in the past six months by pivoting from Bitcoin mining to AI infrastructure -- but the best may be yet to come.
Alibaba Group Holding Ltd (NYSE: BABA) saw its Hong Kong-listed shares surge by over 19% on Monday amid strong quarterly performance of the company's cloud computing unit and the unveiling of a new AI chip.
Ares Capital has been treading water for the past six months, recording a small loss of 3.5% while holding steady at $22.41. The stock also fell short of the S&P 500’s 10.5% gain during that period.
Outdoor living products manufacturer AZEK Company (NYSE:AZEK)
is expected to be announcing earnings results this Tuesday after market hours. Here’s what to expect.
Nvidia nearly pulled in $50 billion, but was it enough? The stock fell after the initial release, where revenue came in as expected overall. The company barely met or missed estimates for data center sales, depending on which analyst you talk to.
Last week, Nvidia reported second quarter earnings that exceeded analysts' forecasts. However, the focus shifted to two undisclosed customers who made up a substantial 39% of the company's revenue.
Nvidia recently reported Q2 adjusted EPS of $1.05 and Q2 revenue of $46.74 billion, both better than the expected $1.01 and $46.13 billion, respectively. The company said it sees $3-$4 trillion in AI infrastructure spend by the end of the decade.
