Rep. Nancy Pelosi has had a successful year in 2024, with her investments showing a significant increase in profits. Through June, her portfolio was up 28%, more than double what was expected, surpassing the S&P 500 Index profitability of 11.5%. The Pelosi family’s purchase of Nvidia options last November contributed over $4 million to these … Read more
Lululemon stock (lulu) jumped around 4% on Thursday following the company’s announcement of an increase in its full-year earnings outlook and a $1 billion expansion of its share buyback program. The company revealed on Wednesday that it now anticipates full-year earnings per share to be between $14.27 and $14.47, a slight adjustment from the previous … Read more
Formula 1 and Amazon Web Services (AWS) are expanding their partnership to create a generative artificial intelligence Trophy for the upcoming Canadian Grand Prix. This innovative approach is aimed at boosting creativity and engaging fans in a unique way. AWS drew inspiration from its previous work with F1 in developing a next-generation car in 2022, … Read more
Team IM, an organization with around 40 employees, plans to expand by opening offices in Auckland and Christchurch in the next 12 months and aims to grow its workforce to 20 people over the next five years. They are looking to implement a solution using an existing Virtual Cloud Network (VCN) that will integrate virtual … Read more
Nvidia’s stock saw a 1.5% decrease just before the markets closed on Wednesday, ahead of the release of their earnings results. Analysts are anticipating that Nvidia will surpass expectations, with Patrick Moorhead of Moor Insights & Strategy stating in an interview with Yahoo Finance that “the company is clearly going to exceed expectations.” Despite the … Read more
Nvidia’s stock price dipped slightly ahead of its first-quarter earnings report, closing at $947 after reaching a record high of $953.86 the day before. This fluctuation is not unprecedented for the chipmaker giant, as it experienced a similar situation before its last earnings report in February. Despite seeing its worst day on the stock market … Read more
Nvidia Corp. is poised to release its first-quarter earnings report, sparking anticipation among investors and analysts. Expectations are high for the company to meet or exceed previous performance metrics. Analysts are closely watching key numbers such as revenue, non-GAAP EPS, and non-GAAP gross margin. The impending launch of Nvidia’s new flagship GPU platform poses a … Read more
US stock markets closed higher on Tuesday, with investors eagerly anticipating Nvidia’s quarterly earnings report set for Wednesday. The Federal Reserve Bank of Philadelphia reported an improvement in the monthly non-manufacturing activity index, which rose to -0.6 in May from -12.4 in the previous month, suggesting a slower pace of contraction in the sector. Additionally, … Read more
Nvidia stock reached a new record high on Tuesday as investors eagerly awaited the company’s upcoming earnings report. The stock closed at $954 per share, surpassing its previous peak of $950 set in March. Nvidia’s shares have surged by 98% this year, reflecting the high expectations surrounding the company, especially in the artificial intelligence sector. … Read more
In the latest market update, S&P 500 E-Mini Futures and Nasdaq 100 E-Mini Futures are experiencing slight fluctuations, with investors eagerly waiting for updates from Federal Reserve officials and Nvidia’s upcoming earnings release. In yesterday’s trading session, Wall Street indices closed mixed, with notable movements in Norwegian Cruise Line, Micron Technology, Nvidia, and JPMorgan Chase … Read more