4 d. ago FTSE 100 Live 28 August: Cool reaction to Nvidia results, Drax falls on FCA probe

Nvidia results are the main focus for investors after the chip giant’s quarterly figures beat expectations but shares still fell.

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5 d. ago FTSE 100 Live 28 August: Nvidia shares fall on results, index higher

Nvidia results are the main focus for stock market investors after the chip giant’s quarterly figures beat expectations but shares still fell.

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5 d. ago Nvidia sets fresh sales record amid fears of an AI bubble and Trump’s trade wars

Despite surpassing Wall Street expectations for its AI chips, company shares drop 2.3% in after hours tradingChipmaker Nvidia set a fresh sales record in the second quarter, surpassing Wall Street expectations for its artificial intelligence chips. But shares of the chip giant still dropped 2.3% in after hours trading, in a sign that investors’ worries of an AI bubble and the repercussions of Donald Trump’s trade wars are not quelled.Nvidia’s financial report was the first test of investor appetite since last week’s mass AI-stock selloff, when several tech stocks saw shares tumble last week amid growing questions over whether AI-driven companies are being overvalued. Continue reading...

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5 d. ago A look at Nvidia's latest results and its prominence in the stock market, by the numbers

Nvidia reported a 56% increase in second-quarter revenue Wednesday and a 59% rise in net income compared to a year ago

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5 d. ago Nvidia set to report second quarter earnings in test of AI boom

All eyes will be on chipmaker’s latest financials as company sets tone for the rest of the artificial intelligence industryNvidia is set to report its second-quarter earnings on Wednesday, in a first test of investor appetite since last week’s mass AI-stock selloff.All eyes will be on the chipmaker’s latest financials as the company sets the tone for the rest of the AI industry after a turbulent week in the sector. Several tech stocks saw shares tumble last week amid growing questions over whether AI-driven companies are being overvalued, including an MIT report that said 95% of AI pilots fail to grow company’s revenues and statements from the OpenAI chief executive, Sam Altman, who said investors were possibly overhyping several companies. Continue reading...

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6 d. ago Nvidia's quarterly report will gauge the temperature of the AI craze

Artificial intelligence bellwether Nvidia is poised to release a quarterly report that’s expected provide a better sense about whether the stock market has been riding on an overhyped bubble or whether it’s being propelled by a technological boom that’s still gathering momentum

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