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Nvidia PE falls to 14-year low, but CEO exit and AI worries cloud the bargainBy one of Wall Street's favorite metrics, Nvidia shares look like a bargain. Following a steep drop from its October 6 record high, Nvidia'...- ‘I’m a piece of sh--’: Jensen Huang’s last hours as Nvidia CEOFor the decades he spent building Nvidia into a multitrillion-dollar AI chip behemoth, Huang was famous for his attention to the tiniest of...
- US probes alleged spy Alice Huang over suspected Super Micro chip smuggling to China: ReportThe US Justice Department is investigating Alice Huang, suspected of potentially spying on ousted Nvidia CEO Jensen Huang, over whether ent...
- Global Market Today: Asian stocks gain after Nvidia shakeup, oil steadyThe MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and ...
- US stocks: US stocks closes lower as Nvidia slide outweighs energy rallyUS stocks closed lower as Nvidia’s decline following CEO Jensen Huang’s departure outweighed a rally in energy shares. The S&P 500 fell 0.3...
- US stocks: Retail buyers limit Nvidia stock routRetail investors poured a record $111 million into Nvidia shares during Thursday’s first half-hour of trading, helping the stock trim an op...
- Donald Trump says Tim Cook should replace Jensen Huang at Nvidia: All about former Apple CEO who once took over from legendary tech visionary Steve JobsTim Cook stepped down after a 15-year stint as Apple's CEO in September and is now executive chairman at the iPhone-maker's board of direct...
- US stocks: S&P 500, Nasdaq fall as Nvidia CEO exit rattles AI stocksNvidia's stock took a hit after CEO Jensen Huang stepped down, amid swirling personal controversies. This turmoil added noticeable pressure...
- Chinese AI firms rush to secure Nvidia chip capacity as spy scandal stirs fear of US curbsChinese artificial intelligence companies are actively seeking to rent Nvidia-powered computing capacity from overseas data centres. They a...
- Global Market Today: Asian stocks mixed as Nvidia turmoil hits AI-linked sharesNasdaq 100 futures fell over 1% and S&P 500 contracts lost 0.5% after Nvidia tumbled about 10% in late trading. The company’s board is meet...
- Anthropic targets $90 billion IPO at $1.4 trillion valuationAnthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise...
- Anthropic plans to raise $64 billion through IPO, as per latest draft prospectusAnthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fund...
- Moonshot AI rents Nvidia’s top AI chips in China, documents showDocuments indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The ...
- US Stock Market: S&P 500 records biggest daily gains since April, Nasdaq makes highest advance since July, Dow Jones, Russell 2000 jump. Check top Wall Street stocksUS Stock Market today: Each of the 11 major S&P 500 sector indexes rose on the session, with nine showing gains of more than 1 per cent on ...
- AMD stock today surges 12% after Oppenheimer upgrades Advanced Micro Devices, while Nvidia slides amid board investigation reportAMD stock price today: AMD shares surged more than 12% on Monday after Oppenheimer upgraded the stock and set a $600 price target. A Google...
- US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumpsUS stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market grow...
- Nasdaq, S&P 500, Russell 2000 jump, Dow Jones down at US Stock Market, check top performing Wall Street stocksUS Stock Market today: Nvidia rose 2.8 per cent, AMD stock price jumped 11 per cent, Tesla rose 4.2 per cent and SpaceX jumped 8.6 per cent.
- European shares rise as banks, clean energy stocks rally; Novo Nordisk jumpsEuropean shares advanced after Democrats secured both chambers of the US Congress, lifting investor sentiment. Banks and clean-energy stock...
- AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
- AMD and Meta advance strategic partnership to power Meta's Superintelligence InfrastructureAdvanced Micro Devices, or AMD, is teaming up with Meta to enhance its superintelligence infrastructure. As part of this strategic partners...
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