Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center on September 27,…
Asia markets mostly fall as investors assess Nvidia results, Adani charges
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, March 14, 2024. Dhiraj Singh| Bloomberg | Getty Images…
Comcast’s cable network spinoff may be a signal to the media industry for necessary change
Nikolas Kokovlis | Nurphoto | Getty Images Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal’s cable networks, except Bravo, into…
Walmart hits new highs and Target dives after earnings as rivals diverge even more
Store bags from Target (l), and Walmart (r). Reuters Target‘s stock tumbled to a 52-week low on Wednesday, a day after Walmart shares soared to an all-time high — as…
Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme
Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat, India, on Jan. 10, 2024. Punit Paranjpe | AFP…
Sage Shares Jump on Impressive Results
Sage SGE reported in-line revenue growth and fiscal 2025 guidance but delivered an impressive increase in operating margin that beat company-compiled consensus. Shares were up around 17% intraday on Nov.…
Sage Surges on Profits and Share Buybacks
Sage Group SGE on Wednesday announced a £400 million share buyback and said strong sales in its Cloud business had boosted annual revenue. The accounting software firm said pretax profit…
October the Best Month for Fund Flows in 2024
Europe-domiciled long-term funds posted net inflows of EUR 62.6 billion last month Despite the setback in international markets—global equities fell by 2.2% in October (in US dollars), while global government-bond…
Imperial Brands Raises Dividends on Earnings Growth
Imperial Brands IMB announced fiscal 2024 earnings that delivered on promises that results would be weighted toward the back half of the year. For fiscal 2025, the company expects single-digit…
Are Fashion Stocks Too Risky For Investors?
In 2024, fashion stocks have fallen sharply after a pandemic boom that handed investors some eye-watering returns. As inflation crept in and China’s post-pandemic bounce back stalled, many brands began…