Nvidia exceeded expectations with an exceptional quarterly Wednesday’s earnings report reports a 265% increase in revenue from the same period a year ago, sending shares up more than 9% in…
Category: Business News
Lloyds takes £450m provision over FCA car finance probe
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Lloyds Banking Group has set aside £450m to cover the…
Australian stock market rises at close of trading; S&P/ASX 200 up 0.04% From Investing.com
© Reuters Australian stock market rises at close of trading; S&P/ASX 200 up 0.04% Investing.com – Australian shares rose after Thursday’s close as gains across sectors led stocks higher. At…
Artificial intelligence and semiconductor stocks rise after Nvidia earnings
A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence…
Nvidia gains $100 billion in market cap after earnings
Investors have long had a love affair with U.S. tech stocks, from the boom cycle of the late 1990s and early 2000s, which famously ended with the dotcom bust, to…
Top Goldman investment bankers threaten to resign over commission snub
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Two of Goldman Sachs’ top investment bankers have threatened to…
S&P 500, Dow closes slightly higher; Nvidia gains after the bell By Reuters
©Reuters. FILE PHOTO: Traders work at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid//File Photo By Chuck Mikolajczak NEW YORK (Reuters) –…
Amazon is added to the Dow. What this means for the market benchmark
The Dow Jones Industrial Average could get a boost after online giant Amazon joins its ranks. Since 1896, the blue-chip index has made few changes to its lineup of 30…
Nvidia just crushed earnings again. Top analysts say it’s another “mic drop” moment that confirms the AI revolution
Will all the hype about AI lead to sustained earnings results that live up to Wall Street’s lofty expectations? That was the question that had investors looking at Nvidia’s earnings…
Badenoch’s controversies highlight the combative style of the Tory leadership outlook
Prime Minister Rishi Sunak refused on Wednesday to repeat the litany of allegations made by Kemi Badenoch, his business secretary, against the man she sacked as Post Office chairman. On…