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, which dominates the market for computer chips used to build artificial intelligence, has become a Wall Street sensation. Over the past year, it has increased its market value by $2.5 trillion and dethroned Apple as the world’s most… Article Source https://www.nytimes.com/2024/11/20/technology/nvidia-earnings-chips-ai.html
IPhone Maker Hon Hai’s Profit Beats Estimates On AI Demand Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-11-14/iphone-maker-hon-hai-s-profit-beats-estimates-on-ai-demand
Judge: Google can profit from gift card scams without refunding victims Boing Boing Article Source https://boingboing.net/2024/11/07/judge-google-can-profit-from-gift-card-scams-without-refunding-victims.html
Amazon, Google show profit growth can quiet fears over heavy AI spending Yahoo Finance Article Source https://finance.yahoo.com/news/amazon-google-show-profit-growth-can-quiet-fears-over-heavy-ai-spending-182225782.html
Samsung’s Profit Rises After Broader Business Offsets AI Gloom Bloomberg Article Source https://www.bloomberg.com/news/articles/2024-10-30/samsung-s-profit-rises-after-broader-business-offsets-ai-gloom
Topline Google parent Alphabet toppled Wall Street’s expectations in its third-quarter earnings report Tuesday, the first domino to fall in a crowded week for big tech earnings. Google’s New York office. Getty Images Key Facts Alphabet… Article Source https://www.forbes.com/sites/dereksaul/2024/10/29/google-earnings-search-engine-giant-reports-record-profit-and-sales-on-66-billion-ad-revenue/
Wednesday, application delivery infrastructure provider Citrix Systems, Inc. (CTXS), Wednesday reported a plunge in profit for the first quarter from the similar quarter of the preceding year. Result included restructuring charges and a 2%… Article Source https://www.rttnews.com/929673/citrix-systems-q1-profit-plunges-guides-q2-revenues-backs-fy09-revenue-outlook.aspx?Arch\u003d1
Citrix Systems, Inc. (CTXS), after the market close Wednesday, posted slightly lower profit in its fourth quarter and said it would cut about 10% of its jobs. However, the company’s non-GAAP earnings per share came in slightly above the Street… Article Source https://www.rttnews.com/837547/citrix-systems-q4-profit-down-cuts-jobs-shares-down-update.aspx
SK Hynix HXSCF, a major memory chipmaker and a key supplier to Nvidia Corp. NVDA, has announced a record-breaking quarterly profit, driven by the rising demand for artificial intelligence technology. What Happened: The South Korean… Article Source https://www.benzinga.com/markets/equities/24/10/41509305/nvidia-supplier-sk-hynix-reports-record-breaking-quarterly-profit-as-ai-demand-drives-7-revenue-