Latest in Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows
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Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows
The advanced chip maker announces quarterly results this week, as reports suggest its newest chips may overheat in powerful AI servers.Business - Inc. - 4 hours ago -
Nvidia’s stock falls 3% after report of fresh issue with Blackwell AI chips
Blackwell GPUs are overheating when connected in custom server racks, according to a report from The Information.Business - MarketWatch - 9 hours ago -
Amazon steps up effort to build AI chips that can rival Nvidia
Big Tech group’s Annapurna Labs is spending big to build custom chips that lessen its reliance on market leaderBusiness - Financial Times - 6 days ago -
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - October 22 -
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Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
Wall Street frenzy creates $11bn debt market for AI groups buying Nvidia chips
Huge loans for ‘neocloud’ groups raise concern over chipmaker’s dominance of artificial intelligence marketBusiness - Financial Times - November 4 -
Nvidia is the world's most valuable company (again). What's next for the AI chip king?
Multiple Wall Street analysts upped their price targets on the stock ahead of earnings next week.Business - CNBC - November 11 -
Shares of Nvidia and AMD go different ways — here's Jim Cramer's advice on both AI chip stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 4 hours ago -
Nvidia tops list of favored S&P 500 stocks on expected sales growth through 2026
Other expected highfliers include KKR, AMD, Microsoft and Live Nation.Business - MarketWatch - 2 days ago -
Pearson Underlying Sales Rise, Plans Further Growth Through AI
Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...Business - The Wall Street Journal - October 29 -
Why a Focus on Value May Help Fast-Food Chains End 2024 With Renewed Sales Growth
After terrible second-quarter sales and middling-to-poor Q3 results, a recovery for fast-food chains may already be under way.Business - Inc. - November 6 -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - October 25 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
UK house price growth slowed ahead of Budget
Rise in prices of just 0.1% between September and October fails to hit forecastsWorld - Financial Times - November 1 -
Unemployment rises as pay growth slows again
The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.Top stories - BBC News - 6 days ago -
UK economy barely grows with Budget fears blamed
The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.Top stories - BBC News - 3 days ago -
Nvidia earnings are a test for chip stocks as software has stolen the limelight
Nvidia’s earnings could give a jolt to other AI semiconductor plays if the outlook impresses, but don’t expect software stocks to lose shine during a seasonally strong quarter.Business - MarketWatch - 5 days ago -
Don’t Overlook This Sales-Growth Superpower
Inc.’s editor-in-chief reveals the channel that powers many of the fastest-growing companies in America.Business - Inc. - October 25 -
Inside the murky new AI chip economy
The growth of loans secured by Nvidia’s GPUs is a note for cautionWorld - Financial Times - November 10 -
UK music exports hit record £775mn but growth slows
Competition intensifies from US, South Korea and Latin AmericaWorld - Financial Times - October 21 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
Adyen shares slide as payments giant's transaction volume growth slows
Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.Business - CNBC - November 7 -
Mexico ups deficit forecast as economists warn of slowing growth
Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibilityWorld - Financial Times - 2 days ago -
McDonald’s Seeks to Resolve E. Coli Crisis and Return Focus to Value
The fast-food giant’s earnings results did not reflect the potential fallout from an E. coli outbreak that the company said it moved quickly to contain.Business - The New York Times - October 31 -
Unilever Backs Outlook After Sales Growth
The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...Business - The Wall Street Journal - October 24 -
Danone Sales Growth Beats Market Expectations
The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...Business - The Wall Street Journal - October 24 -
Lonza Sees Accelerating Sales Growth in Final Quarter
The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...Business - The Wall Street Journal - October 24 -
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.Business - The Wall Street Journal - October 25 -
Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.Business - Inc. - 6 days ago -
SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip
SK Group Chair Chey Tae-won said Nvidia CEO Jensen Huang asked him if SK Hynix could move the supply of high-bandwith memory (HBM) chips forward by six months.Business - CNBC - November 4 -
Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.Business - CNBC - 3 days ago -
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run ...Tech - ABC News - November 2 -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - November 4 -
Nvidia Takes Intel’s Spot on Dow Index as AI Thrives
The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.Business - Inc. - November 4 -
Nvidia advances robot learning and humanoid development with AI and simulation tools
Nvidia revealed new AI and simulation tools that will advance robot learning and humanoid development. The world’s biggest tech company by valuation (worth $3.432 trillion) said that the tools will ...Tech - VentureBeat - November 6
