Nvidia shares slide despite chip giant’s bullish outlook: ‘Age of AI is in full steam’

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Nvidia shares slide despite chip giant’s bullish outlook: ‘Age of AI is in full steam’

Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara,… Article Source https://nypost.com/2024/11/20/business/nvidia-shares-slide-despite-chip-giants-bullish-outlook-age-of-ai-is-in-full-steam/

HPE Expands GreenLake Portfolio to Simplify Hybrid IT and Accelerate AI

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HPE Expands GreenLake Portfolio to Simplify Hybrid IT and Accelerate AI

Hewlett Packard Enterprise (HPE) announced key advancements in the HPE GreenLake cloud, aimed at simplifying management across complex, heterogeneous hybrid IT environments while enabling greater agility and innovation for… Article Source https://www.thefastmode.com/technology-solutions/38263-hpe-expands-greenlake-portfolio-to-simplify-hybrid-it-and-accelerate-ai

Nvidia crushes expectations, more than doubling its profit amid a 94% surge in revenue as AI demand booms

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Nvidia crushes expectations, more than doubling its profit amid a 94% surge in revenue as AI demand booms

Nvidia’s third quarter results came in better than expected as the company beat the already soaring expectations placed at its feet, according to a highly anticipated earnings call. Revenues for the quarter were $35.1 billion, up 94% from a… Article Source https://fortune.com/2024/11/20/nvidia-earnings-call-revenue-increase-94-percent-third-quarter/

Nvidia’s Jensen Huang pledges to ‘comply fully’ with Trump trade policies as uncertainty looms over chip industry

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Nvidia’s Jensen Huang pledges to ‘comply fully’ with Trump trade policies as uncertainty looms over chip industry

Most analysts on Nvidia’s earnings call focused their questions on the rollout of the AI chip leader’s next-generation Blackwell platform, as well as topics like the company’s margins and supply chain. But there are massive Donald… Article Source https://fortune.com/2024/11/20/nvidias-jensen-huang-comply-fully-trump-trade-chip-tech-stock/

Markets News, November 20, 2024: Stocks Close Mixed Ahead of Highly Anticipated Nvidia Earnings Report; Bitcoin Hits Another Record High

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Markets News, November 20, 2024: Stocks Close Mixed Ahead of Highly Anticipated Nvidia Earnings Report; Bitcoin Hits Another Record High

Biggest S&P 500 Movers on Wednesday 5 hr 43 min ago Advancers Wednesday’s top performance in the S&P 500 came from shares of electronic test and measurement provider Keysight Technologies (KEYS), which surged 8.8% to a 52-week high…. Article Source https://www.investopedia.com/dow-jones-today-11202024-8748485