E-commerce and cloud giant Amazon (NASDAQ:AMZN) has experienced remarkable profitability and stock price growth in the past decade, with a recent surge in earnings propelling the stock to new highs. AWS, Amazon’s cloud segment powered by artificial intelligence, strong retail momentum, and optimization initiatives, have me optimistic about the stock’s future prospects. Following the strong … Read more
Nvidia Corp. saw a surge in its stock price after reporting better than expected earnings and forecasts, reassuring traders that the AI computing sector continues to thrive. The company’s shares rose more than 7% in after-market trading, dispelling concerns about a potential slowdown due to excessive data center equipment spending over the past year. This … Read more
In today’s episode of “Asking for a Trend,” Yahoo Finance’s Julie Hyman and Josh Lipton focus on Nvidia (NVDA). Host Julie Hyman discusses the anticipation surrounding Nvidia’s earnings release, with investor expectations and market implications being key topics of discussion. Niles Investment Management Founder, Dan Niles, sheds light on the various drivers behind Nvidia’s success … Read more
Ark Invest, led by Cathie Wood, made significant trades on Monday, including purchasing shares of Shopify Inc. (SHOP) and Advanced Microdevices Inc. (AMD). Ark Invest’s Ark Fintech Innovation ETF acquired 34,060 shares of Shopify, valued at approximately $2 million, after the company released its first-quarter earnings report. Despite Shopify reporting a loss of $273 million, … Read more
Over the past three years, Microsoft and VMware have worked together closely to deliver our Azure VMware Solution (AVS) to customers in more than 30 Azure regions around the globe. It is a fully managed Microsoft service, based on VMware Cloud Foundation technologies, running on VMware validated Azure infrastructure. Azure VMware Solution enables customers to … Read more