9 d. ago New global HQ for tech firm opens in glossy Swansea city centre office development

It has moved into the city's flagship new 71/72 Kingsway office scheme

Economics

2 w. ago Burst in AI bubble could blow £26bn hole in Rachel Reeve's hopes of balancing the books

It was the first time the Office for Budget Responsibility has outlined how public finances could be affected if the rally in tech stocks sparked by the boom in artificial intelligence crashes.

Economics

3 w. ago Stock markets eye recovery as blockbuster Nvidia sales stifle AI bubble fears

Global stock markets are trading higher on Thursday after blockbuster earnings from chip giant Nvidia calmed anxiety over a growing 'AI bubble'.

Economics

3 w. ago FTSE 100 Live 20 November: Markets rally on Nvidia cheer, Games Workshop surges

Forecast-beating Nvidia results have changed the mood after a jittery run for global stock markets.

Economics

3 w. ago Stock markets stage cautious recovery as blockbuster Nvidia sales stifle AI bubble fears

Global stock markets are trading higher on Thursday after blockbuster earnings from chip giant Nvidia calmed anxiety over a growing 'AI bubble'.

Economics

3 w. ago FTSE 100 Live 20 November: Markets rally on Nvidia earnings, Games Workshop surges

Forecast-beating Nvidia results have changed the mood after a jittery run for global stock markets.

Economics

3 w. ago Global tech stocks rally after Nvidia earnings bolster AI bulls

Asian markets climb as chipmaker shrugs off bubble concerns

Politics

3 w. ago Asian shares surge as Nvidia's strong quarterly earnings lift sentiments

Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high

Politics

3 w. ago Nvidia’s earnings results are in and they’re a pulse check on frenzied AI spending

Investors were starting to wonder if the AI craze has been overblown

Politics

3 w. ago ‘AI is going everywhere, doing everything:’ Nvidia beats Wall Street estimates amid market selloff and AI bubble fears

The $5tn firm handily beat expectations, but analysts are awaiting projections for future demand for firm’s AI chipsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.“Blackwell sales are off the charts, and cloud GPUs are sold out,” said Jensen Huang, founder and CEO of Nvidia in a press release. “Compute demand keeps accelerating and compounding across training and inference – each growing exponentially. We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast – with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at o...

Politics

3 w. ago ‘We excel at every phase of AI’: Nvidia CEO quells Wall Street fears of AI bubble amid market selloff

Jensen Huang opens earnings call with attempt to dispel concerns after his $5tn firm beat Wall Street expectationsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.Jensen Huang, founder and CEO of Nvida, opened the earnings call with an attempt to dispel those concerns. In sum, Huang said, there’s a major transformation happening in AI and Nvidia is foundational to that transformation. Continue reading...

Economics

3 w. ago Nvidia's earnings attest to its leadership in the AI race. By the numbers

Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier

Politics

3 w. ago World's biggest company Nvidia stuns Wall Street as it gives biggest clue yet to state of US economy

Nvidia's earnings have become a market-moving event unlike almost anything else in corporate America.

Politics

3 w. ago Nvidia to report earnings amid market selloff and rising fears of AI crash

Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chipsAll eyes are on Nvidia, the bellwether for the AI industry, as analysts and investors hope the chipmaker’s third-quarter earnings assuage concerns about whether the high-flying valuations of AI firms have peaked.A great deal will ride on how confident Nvidia’s chief executive, Jensen Huang, appears in his forward-looking guidance. Analysts and experts say that although they are largely confident Nvidia will beat Wall Street expectations, they are anxiously awaiting news on the status of industry demand for the firm’s AI chips. Continue reading...

Events

3 w. ago All eyes on Nvidia earnings in wait for results on AI boom or bubble: ‘Most important stock in the world’

Investors are starting to wonder if the AI craze has been overblown

Politics

3 w. ago Nvidia earnings will shed a light on whether Big Tech is fueling an AI boom or bubble

Computer chipmaker Nvidia is poised to release a quarterly earnings report that is expected to either deepen a recent downturn in the stock market or prompt an ebullient sigh of relief among investors increasingly worried the world’s most valuable company is perched upon an artificial intelligence bubble about to burst

Science

3 w. ago European stocks sink amid fears over tech sector overvaluation

Jensen Huang’s Nvidia is due to release its earnings report on Wednesday.

Politics

3 w. ago FTSE 100 Live 18 November: Markets under pressure, Imperial strong run continues

Stock markets are under pressure amid ongoing jitters over Wall Street AI valuations.

Events

3 w. ago FTSE 100 Live 18 November: Index in red amid market jitters, Bitcoin extends fall

Stock markets are under pressure amid ongoing jitters over Wall Street AI valuations.

Politics

3 w. ago FTSE 100 Live 18 November: Index posts big fall, Bitcoin reverse continues

Stock markets are under pressure amid ongoing jitters over Wall Street AI valuations.

Politics