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Nvidia stocks jump in pre-trading as CEO Jensen Huang reveals inside information for investors. Details hereNvidia expects revenue of $91 billion, plus or minus 2 per cent, compared with estimates of $86.84 billion, according to data compiled by L...
Nvidia posts record $81.6 billion quarterly revenue on AI spending boomChip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand fo...
Reassure Alliance details four-phase approach to hardware acquisition and repurchaseReassure Alliance Ltd introduces a clear hardware lifecycle for digital infrastructure in 2026. The framework guides partners from selectio...
Nvidia stock drops $200B, experts say AI business still strongNvidia stock fell sharply last week, causing worry for investors, but experts say the company is still strong. Its AI and data center busin...
AMD share buyback: Chip major Advanced Micro Devices offers $6 billion programIn Humain's deal with AMD, the agreement includes a plan to invest up to $10 billion to deploy 500 megawatts of AI hardware infrastructure ...
Fintech funding shows recovery; Cracks in India’s ecomm roll-upsFintech deals are beginning to bounce back after a two-year slowdown. This and more in today’s ETtech Morning Dispatch.
Chinese gear companies take on Indian wearable brandsChinese companies are rapidly advancing in the Indian wearables market, dominating high-sales audio segments and pricier smartwatches. Indi...
Apple shares jump 7% as record buyback, sales growth forecast lure investorsApple shares jumped nearly 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors ...
Meta adds over $200 billion in value as job cuts and dividend pay offMeta added over $200 billion in stock market value and its share price was on track for the biggest one-day percentage jump in a year on Fr...
Meta soars over 17% after first-ever dividend plan, 'Year of Efficiency' pays offDays ahead of Facebook's 20th anniversary, Meta authorized an additional $50 billion in share repurchases and said its quarterly dividend w...
Apple iPhone sales inch up, bolstering results amid shaky economyApple's Q2 2023 results have surpassed expectations thanks to better-than-anticipated iPhone sales and positive performance in India and ot...
Move over Apple, Microsoft now the world's most valuable companyApple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss o...
Alphabet sets profit record, plans $50 billion buybackWith online consumer activity remaining elevated in the first quarter, Alphabet beat analysts' revenue estimates and nearly surpassed the s...
Buffett's Berkshire takes on short sellers with bet on furniture retailerThe disclosure that Berkshire bought 1.2 million shares sent RH soaring to a fresh record.
IBM to acquire software company Red Hat for $34 billionIBM is hoping the deal will help it catch up with Amazon.com Inc, Alphabet Inc and Microsoft in the rapidly growing cloud business.
IBM expects hardware business to stabilize in 2014: CFOInternational Business Machines Corp expects its hardware sector to stabilize in 2014 and will maintain forecasts for earning per share of ...
Apple's new finance steward Luca Maestri takes over $160 billion cash haulOppenheimer's departure is one of biggest changes to Apple's executive ranks in the past couple of years. Maestri will report to Tim Cook.
- IBM posts 14 pc rise in net income in Q3
IBM has reported a 14 per cent jump in net income at $3.2 billion for the third quarter of 2009 despite a slump in the sales.
- Ingersoll-Rand buys Trane for $10 bn
In a deal worth a cool $10 billion, Ingersoll-Rand Co will acquire Trane Inc and create one of the world's largest makers of commercial and...
- HP Q3 net up to $1.4bn
Hewlett-Packard, the world’s second-largest maker of personal computers, said third-quarter profit rose more than analysts estimated and an...