Nvidia posts revenue up 265% on booming AI business
Nvidia's total revenue rose 265% from a year ago, based on strong sales for AI chips for servers. Source link
Read More
Mobile
Trade Desk shares soar on revenue beat and strong guidance
Shares of The Trade Desk jumped over 18% on strong first-quarter guidance and a sales beat. Source link
Read More
TikTok, Facebook and YouTube sued by New York City for alleged harm to kids’ mental health
New York City Mayor Eric Adams said his administration filed a lawsuit against the parent companies of TikTok, Instagram, Facebook,
Read More
Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company
The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI
Read More
Nvidia is now worth more than Amazon thanks to the AI chip boom
Nvidia surpassed Amazon in market capitalization on Tuesday. Source link
Read More
Arm’s post-earnings pop leaves stock trading at over 100% premium to Nvidia
While analysts like Arm's backlog and royalties business, it's the company's role in AI that's pushing up its market multiple.
Read More
Pinterest shares drop on weak outlook, revenue miss
Pinterest issued a weaker-than-expected forecast on Thursday and also missed on revenue. Source link
Read More
Meta is trouncing Snap in Digital ads — here’s why
As fourth-quarter earnings reports made clear, Snap is having a much tougher time than Meta when it comes to getting
Read More
Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates ‘headwind’
Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall
Read More