Wednesday's menu: Nvidia looking to restore balance after trading shock
Nvidia has been hit by the slowdown in crypto mining, where its graphics cards are one of the go-to essentials
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NASDAQ:NVDA
Nvidia Corp is a market leader in visual computing technology, creating products that enhance the interactive experience on consumer and professional computing platforms. The company's graphics and communications processors are used in a wide variety of computing platforms, including consumer digital-media PCs, enterprise PCs, professional workstations, digital content creation systems, notebook PCs, military navigation systems and video game consoles.
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Nvidia has been hit by the slowdown in crypto mining, where its graphics cards are one of the go-to essentials
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Continued share buybacks are still expected, as the chipmaker looks set to continue delivering strong cash generation
World’s largest GPU maker faces overflowing warehouses as used cards flood the market
Margins narrow in lead up to chip maker’s interim results
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Softbank said it would proceed with plans to list Arm on the stock exchange
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Analysts believe the deal is in peril as it faces regulatory obstacles around the world
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UK and European competition watchdogs are said to be against the deal
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The US$40bn acquisition of ARM Holdings is still up in the air, but the US company is confident of sealing the deal
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Graphics cards are popular with crypto miners due to their ability to solve the complex mathematics required to verify blockchain transactions
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The Dow gave back most of its gains ahead of the close, ending up 10 points at 34,323
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Dowden said the CMA would prepare a report by the end of July
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The company has tripled first quarter revenue estimates for its CMP product, which is designed specifically for industrial-scale crypto mining, to US$150mln
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Nvidia agreed to buy Cambridge-based ARM for US$40bn from Softbank in September
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A bundle of deals from major tech groups also drove US stocks higher
Senior research analyst Lisa Chai says the Boston company’s Vuforia platform is ‘transforming business models’ by integrating augmented reality
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The self-driving motorbikes and cars in Westworld are so near reality that the ROBO Global Index Series includes companies developing the technology
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Taiwan Semiconductor Manufacturing Company observed increasing orders for 7nm smartphone chips
Boeing stock fell after a plane crash, and Nvidia's agreement to buy Mellanox boosted shares of both companies
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ROBO Global research director Jeremie Capron said Nvidia had a ‘significant’ tech advantage over its competitors, a multi-year lead reflected in its market leadership in GPUs especially when it comes to artificial intelligence applications
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The Dow finished in the green, but both the Nasdaq and the S&P 500 languished in the red
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A look at global stock markets and US futures ahead of the New York bell
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A look at global stock markets and US futures ahead of the New York bell
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European chipmaker STMicroelectronics also added to the cheer in the sector
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Investors can buy directly into the popular ROBO ETF based on the benchmark index comprised of 87 top robotics, automation and AI companies
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Further weakness in the sector may be coming to an end as the amount of short interest falls
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The chipmaker continued to combat the decline in the sales of cryptocurrency mining products
Also in play in pre-market deals is Applied Materials Inc and Viacom Inc, both of which had results out
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Boeing was a top decliner on the Dow after a Lion Air crash victim’s father reportedly filed a lawsuit against the aircraft designer
Nvidia expected crypto revenue to decline to US$100mln, but actual revenue came in at US$18mln
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Schafer is downplaying the expected miss on the chipmaker's revenue for the fiscal third-quarter
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Apple shares hit record high in afternoon session and climb by 2%
Chipmaker Nvidia surpassed analyst estimates in its second-quarter but shares fell on a weak outlook
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Computer virus at Taiwan Semiconductor disrupts chip shipments to Apple
Exxon Mobil and Chevron are pushing up the Dow on the back of rising oil prices
Nvidia zipped past market expectations by posting earnings of US$1.88 per share on US$3.2bn in revenue
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The tech-heavy Nasdaq bucked the trend and fell, helped lower by Symantec's disastrous showing
President Trump took the shine off the market's advance by tweeting that he will reach a decision on whether to withdraw from the Iran nuclear deal tomorrow
Both analysts are positive in the near term, despite recent headwinds for the chipmaker
Driverless cars could redefine how we travel, but recent incidents, including a couple of fatal crashes, have raised questions over their safety
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CEO Jensen Huang believes the really big revenue from automotive will start in 2019-2020, when auto makers, startups, taxi companies, ride-hailing companies and others start to order self-driving capabilities in their vehicles
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In the time it takes to read this report, the market will likely have changed direction again
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Expedia's fourth-quarter earnings left the market distinctly unimpressed but there was better news from Nvidia and Activision Blizzard
Moving the dial in pre-market was CVS Health Corp which is up 2.22% to US$76 as it beat expectations
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“NVIDIA is a key technology provider to Uber as we bring scalable self-driving cars and trucks to market”
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Proactive takes a look at the pre-market deals in New York on Monday to see what's attracting interest
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Bitcoin hit an all-time high on Sunday, rising above US$19,500; it is now trading at US$12,553
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The Nasdaq posted its biggest one-day drop in more than three months on Wednesday
Most of the big names that reported after the bell on Thursday received favorable receptions, but not Nordstrom
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Nvidia is now guiding fourth quarter revenues at US$2.65bn, plus or minus 2 percentage points
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Musk has said Nvidia’s supercomputers are capable of driving at the same standard as a human, but cautioned that that may not be enough to satisfy regulators
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Nvidia’s Volta-based platform has already been adopted by some big Chinese players, such as Alibaba Group, Baidu Inc and Tencent Holdings
US benchmarks are still lower on Wall Street in mid afternoon trade on Thursday
Tesla is reportedly working with AMD to develop its own AI (artificial intelligence) chip for self-driving cars.
AMD shot up around 4% in Wednesday’s dealing, whereas Nvidia fell back as much as 2%
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Waymo, the driverless car company owned by Google's owner Alphabet, usually does all of its tech in-house
After a hesitant start, stocks closed mostly higher, despite economic data that revealed the effects of recent hurricanes on US economic activity
China has said it will stay neutral if North Korea strikes first in any dispute with the USA
Also featured: ; Nvidia Corporation, Nordstrom Inc, Camping World Holdngs Inc
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We are seeing what's moving the needle in either direction in pre-market
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The trio will cooperate to deliver AI technology with the New Car Assessment Program safety certification for the mass deployment of self-driving vehicles
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Other companies covered: Apple, TripAdvisor, Electronic Arts, Visteon, Delphi Automotive
Blue-chips were firmer on balance, but the Dow finished in arrears
US stocks ended the year on a low point, as the Dow ebbed further away from 20,000 and other tickers also printed sharp declines
US stocks dropped on Wednesday, like the hangover after a good party, with the Dow slipping even further from reaching the 20,000 level this year
US stocks closed higher on Tuesday as tech stocks rallied and the Nasdaq Composite marked a record high and oil prices hit six-month highs
While the S&P 500 index may have slipped on Friday, and other tech stocks are licking wounds from Donald Trump’s election victory, one stock was bravely leading the risers - and done so in spectacular style: PC graphics maker NVIDIA
US top stocks ended flat after their rout in a Trump-inspired stock rotation, but smaller stocks had a second successive session of large gains on Friday
US stocks ended higher on Monday on merger season, but gains were clamped by a rising dollar, falling oil prices and some growing worries over a December rate hike
It was smiles at Joy Global which demonstrated you can make money in the commodities sector, and tech stock Nividia had a good start with Goldman Sachs initiating coverage at "Buy". But Apple, Box and Oracle had a day they would care to for
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Graphics chip maker Nvidia's analyst day was well-attended. Meanwhile, RBC is perturbed at the number of top executives leaving Intel.
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Wall Street reckons a December interest rate rise is a likelihood, after non-farm payrolls smashed expectations
Wall Street reckons a December interest rate rise is a likelihood, after non-farm payrolls smashed expectations
Below are the main news driven share price changes at 11:01 a.m. in New York on Friday:
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The maker of graphics chips beat Q3 profit and revenue estimates Nvidia will lift its quarterly cash dividend 18%.
Wall Street fell and the U.S. dollar remained firm today after the monthly U.S. employment data came close enough to forecast to raise speculation the Federal Reserve will hike interest rates for the first time in nearly a decade perhaps as
U.S. stock index futures extended their losses on Friday after non-farm payroll numbers rose at a solid clip in July, signaling an improving economy that could open the door wider to a Federal Reserve interest rate hike in September. Future
U.S. stocks advanced sharply today as technology and financial stocks pulled ahead amid optimism that progress is being made in Greece’s debt talks. Today's rally, which marks a turnaround following a week-long slump in the stock mark