Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first significant quarterly sales amid mounting losses. Nvidia’s Results Hit $35.1B

Shares of lidar maker Luminar Technologies (LAZR -4.66%) were trading sharply lower on Thursday, after the company executed a reverse stock split to avoid being delisted from the Nasdaq Stock Market. As of 11 a.m. ET, adjusted for the split, Luminar’s shares were down about 10% from Wednesday’s closing price. Image source: Luminar Technologies. Why

Google headquarters during Made By Google on August 13, 2024 in Mountain View, California. Photo: Justin Sullivan (Getty Images) In This Story Google parent company Alphabet’s (GOOGL) shares fell over 5% during mid-day trading on Thursday amid pressure on Google to sell its Chrome web browser. AI can do the work of countless stock market

The Dow soared more than 600 points Thursday to a one-week high, as Wall Street’s main indexes turned positive after choppy trading on Thursday, In afternoon trading, the Dow Jones Industrial Average climbed 544 points, or 1.3%, to 43,953, hitting a one-week high. The S&P 500 advanced 0.6%, and the Nasdaq gained 0.1%. The blue-chip Dow jumped

Shares of Alphabet (GOOG -4.99%) (GOOGL -5.09%) were pulling back today after the U.S. Justice Department (DOJ) asked a judge overseeing an antitrust case against the Google parent to order Alphabet to sell its popular Chrome web browser. The news was the latest sign of regulatory aggression toward Alphabet, and the stock was down 4.6%

Google‘s Chrome browser is dominant; not in the way Google’s search engine is, but at 67% market share, according to Stat Counter, it sits comfortably atop competitors like Safari, Edge, and Opera, who are mostly fighting over scraps. For the US Government, which is now calling for the breakup of Google by having it sell

The chipmaker continued to benefit from robust demand for artificial intelligence (AI). Will it last? Investors were on the edge of their seats heading into Nvidia‘s (NVDA -3.00%) highly anticipated financial report after the market closed on Wednesday — and rightfully so. The company has become the bellwether for the tech industry and a barometer

Aside from being multibillionaires, Berkshire Hathaway (BRK.A -0.09%) (BRK.B -0.01%) CEO Warren Buffett and MicroStrategy (MSTR 10.05%) CEO Michael Saylor don’t have too much in common. One is a traditional investor in his mid-90s while the other is in his late 50s and has branched out into newer investing ideas. Buffett has previously referred to

US stock futures climbed on Thursday, reversing earlier premarket losses as investors dug into Nvidia’s (NVDA) earnings and lackluster revenue forecast for insights into the prospects for AI-fueled growth. Dow Jones Industrial Average futures (YM=F) led the gains, up 0.4%, while S&P 500 futures (ES=F) added 0.3%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) put

Nvidia shares declined following strong quarterly results as investors set a high bar for earnings. A lower gross margin and slowing growth also contributed to the fall. ADVERTISEMENT Nvidia’s third-quarter earnings for fiscal 2025 once again showcased robust demand for artificial intelligence (AI) chips. However, capacity constraints and expectations for a lower profit margin failed

Morgan Stanley CEO Ted Pick on Thursday expressed optimism about the stock market, saying that the U.S. economy will continue to outperform in 2025. “The world is still led by the U.S. consumer,” Pick told CNBC’s “Squawk Box Asia” from the Morgan Stanley summit in Singapore. “Corporate balance sheets in the U.S. are on aggregate,

Central, Nov. 12, 2024 (GLOBE NEWSWIRE) — Central, Hong Kong – Maple Tree Counselling, a counselling and therapy practice based in Central, Hong Kong, now boasts more therapists on its roster. The boutique practice, sitting between large, integrated medical clinics and small, single-therapist private practices, is made up of a team of 10 certified professional

A Florida man has been arrested and charged in connection with a plot to bomb the New York Stock Exchange in an effort to “reboot” the US government, according to the FBI. Harun Abdul-Malik Yener, 30, from Coral Springs, Florida, was charged with attempting to use an explosive device to damage or destroy a building