Latest in Nvidia Earnings: Revenue Jumps 122%, a Positive Sign for AI Boom
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Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.Business - CNBC - October 18 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Tech is the star Friday, and why we'd be buyers of the dip on CrowdStrike
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 25 -
Nasdaq jumps to record close as major tech names rise ahead of earnings
The Nasdaq Composite rose to a fresh record on Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names.Top stories - NBC News - October 29 -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - October 31 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - November 4 -
Ralph Lauren’s stock jumps 6% after earnings blow past estimates
Global direct-to-consumer same-store sales rose 10%, driven by positive numbers across all regions.Business - MarketWatch - 5 days ago -
Nvidia CEO touts India’s progress with sovereign AI and over 100K AI developers trained
Nvidia CEO Jensen Huang noted India’s progress in its AI journey in a conversation at the Nvidia AI Summit in India. India now has more than 2,000 Nvidia Inception AI companies and more than ...Tech - VentureBeat - October 24 -
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Affirm sees booming buy-now-pay-later growth, but stock dips after earnings
The company is seeing more of its business shift toward interest-bearing products.Business - MarketWatch - 4 days ago -
Enterprise AI moves from ‘experiment’ to ‘essential,’ spending jumps 130%
Wharton research shows dramatic surge in enterprise AI adoption, with spending up 130% and smaller companies leading in implementation rates.Tech - VentureBeat - October 28 -
How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine
The artificial intelligence boom is providing an unusual windfall for Anguilla, a tiny island in the CaribbeanTech - ABC News - October 15 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
AI boom thrusts Europe between power-hungry data centers and environmental goals
The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...Business - CNBC - October 29 -
Honeywell signs deal with Google to bring Gemini generative AI to industrial sector
Honeywell has signed a deal with Google to bring generative AI from its Gemini model and Vertex cloud platform together with industrial's massive data set.Business - CNBC - October 21 -
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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
Nvidia's gains in share price lifted its market value to top $3.4 trillion, unseating Microsoft as the second most valuable company on Wall Street.Business - CNBC - October 15 -
DataStax looks to help enterprises stuck in AI ‘development hell’, with a little help from Nvidia
DataStax looks to improve enterprise AI production deployment with Nvidia, using Langflow as the center for building agentic AI workflows.Tech - VentureBeat - October 15 -
Nvidia just dropped a new AI model that crushes OpenAI’s GPT-4—no big launch, just big results
Nvidia quietly launched a groundbreaking AI model that surpasses OpenAI’s GPT-4 and Anthropic’s Claude 3.5, signaling a major shift in the competitive landscape of artificial intelligence.Tech - VentureBeat - October 17 -
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Shares of Nvidia rose more than 3% on Thursday, briefly tapping a new intraday high of $140.89. It bested a previous record of $140.76, set June 20.Business - CNBC - October 17
