The big topic at Nvidia’s (NASDAQ:NVDA) recent GTC event concerned the opportunity around AI, with the company stressing it is well-positioned to be at the forefront of this secular trend. The event came hot on the heels of the release of OpenAI’s ChatGPT-4, the improved AI …
Video conferencing software company Zoom Video (ZM) posted better-than-expected fourth-quarter results and provided a positive earnings outlook for the current quarter. Moreover, given the rise in demand for technology and services supporting remote work, the stock might be an ideal buy. Keep reading. Following the COVID-19 …
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(Bloomberg) — Traders are accustomed to a bumpy ride whenever Jerome Powell speaks. But when Powell speaks at the same time Janet Yellen is talking to Congress about the health of the banking sector, the turbulence can get overwhelming. Most Read from Bloomberg That’s what happened …
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U.S. stocks wavered Friday morning after the crucial jobs report came in warmer than expected and jitters over troubles at Silicon Valley Bank (SIVB) continued to weigh on markets. The S&P 500 (^GSPC), the Dow Jones Industrial Average (^DJI) and the technology-heavy Nasdaq Composite (^IXIC) declined …
Shares of Silicon Valley Bank parent company SVB Financial Group plummeted Thursday toward the biggest one-day selloff since the dotcom boom, after the Santa Clara, Calif.-based financial-services company disclosed large losses from securities sales and a stock offering meant to provide a boost to its balance …
The U.S.-listed shares of JD.com Inc. JD, +0.88% rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit expectations and initiated a dividend, but missed revenue expectations. The company swung to net income of RMB3.03 billion ($441 million), or RMB1.91 per American …
Datadog Inc.’s software suffered an outage Wednesday, and its shares declined as analysts voiced concern about a potential hit to revenue. Datadog DDOG, -3.80% first notified customers that engineers were investigating issues with its web application at 1:31 a.m. Eastern, and continued to provide updates on …
(Bloomberg) — Four major events over the next 13 trading sessions will be the key catalysts in determining whether this year’s stock-market revival gets derailed or starts rolling again after a February slump. Most Read from Bloomberg It all begins Tuesday, when Federal Reserve Chair Jerome …
