Nvidia Closes In On a $4 Trillion Market Value

Nvidia Closes In On a $4 Trillion Market Valu...

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Earnings Analysis: Apple Tops Sales Estimates But Falls Short of Blowout Quarter

Apple delivered second-quarter revenue that edged past analysts’ estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating. Revenue gained 17% to $111.2 billion during the period, which ended March 28, t ...  Show more

AI Payoff in Focus During Tech Earnings Bonanza

Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And Stripe ...  Show more

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Intel Said to Seek Apple Investment as Part of Comeback Bid
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Stocks Surging, M&A Monday: Biggest Chip Deal Ever, Nvidia CEO Joins “Squawk on the Street,” The TikTok Winner, Verizon Buying Tracfone
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Jim Cramer and David Faber breakdown M&A Monday. A busy morning in deal news, starting with a historic deal in the chip sector. Nvidia buying Arm from Softbank in a deal valued at $40 billion financed through a combination of cash and common stock. Nvidia CEO, Jensen Huang, jo ...

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OpenAI takes 10% stake in AMD, merger Monday, gold and Bitcoin soar
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US stocks rise to new records as OpenAI and AMD (AMD) announce a massive AI computing partnership that includes OpenAI taking a 10% stake in the chipmaker. The deal cements AMD’s position as Nvidia’s (NVDA) top challenger in the race for AI dominance, with OpenAI agreeing to purc ...  Show more

Instant Reaction: Nvidia Gives Solid Forecast, Despite China Concerns
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Nvidia, the world’s most valuable chipmaker, gave an upbeat revenue forecast for the current period, even as a slowdown in China weighed on results. Sales will be about $45 billion in the second fiscal quarter, which runs through July, the company said on Wednesday. That included ...  Show more