Sales of Nvidia Corp. data centers are expected. to surpass gaming sales in fiscal first quarter results as demand from server farms remained high and interest in gaming fell from strong levels earlier in the COVID-19 pandemic. Nvidia NVDA, -2.51% is scheduled to report financial results after the closing bell on Wednesday. Analysts polled by … Read more
Elon Musk wears many hats as CEO of Tesla, CEO of SpaceX and founder of Boring Company and Neuralink. He is also a prolific Twitter user. The news that Musk has offered $ 44 billion to buy Twitter and potentially become CEO of the social media company sent shocking waves through Wall Street and social … Read more
Those looking for evidence of the recent collapse of the cryptocurrency should not watch Minneapolis – at least for the next few days. This weekend, thousands of NFT holders flock to Gary Weinerchuk’s Twin Cities for VeeCon, a four-day conference bringing together Web3 business leaders, entrepreneurs and evangelicals to discuss the digital transformation of everything … Read more
“I have a challenge to this liar who claims that their friend saw me” exposed “- describe only one thing, everything (scars, tattoos, …) that is not known to the public. She won’t be able to do it because it never happened, “said Tesla and SpaceX CEO tweets early Friday morning. The tweet comes after … Read more
PYONGTAEK, South Korea (AP) – President Joe Biden kicked off a trip to Asia on Friday, touring a South Korean computer chip factory that will model another plant in Texas, offering it as a way to deepen ties with the Indo-Pacific Ocean and foster technological innovation and promote vital democracies. “So much of the world’s … Read more
Here are the most important news, trends and analyzes from which investors should start their trading day: 1. Stock futures rise after the S&P 500 closed on the brink of a bear market Traders listed on the New York Stock Exchange (NYSE) in Manhattan, New York, USA, May 19, 2022. Andrew Kelly Reuters US stock … Read more
It was a terrible week in a terrible year for the stock market. Walmart WMT, -2.74%, Target TGT, -5.06%, and Tencent 700, + 3.53% each reports disappointing results to add fuel to concerns about rising interest rates and quantitative tightening. But leaving Melvin Capital aside, there are no signs of capitulation. Over the past six … Read more
Washington CNN Business – Twitter will now apply warning labels to – and stop recommending – allegations that outside experts have identified as misinformation during a fast-paced crisis, the social media company said on Thursday. The new policy of the Crisis Disinformation Platform is designed to slow the spread of viral lies during natural disasters, … Read more
Signs for Tencent Holdings on top of an office building in Shanghai, China, on March 22, 2022. China’s Tencent reported on Wednesday that its quarterly profit had halved from a year ago and revenue was stagnant, blaming cuts in advertising spending by consumers, e-commerce and travel companies for their worst performance since becoming public in … Read more
Shares of Cisco fell 17 percent in extended trading on Wednesday after the network company said it was generating lower quarterly revenue than analysts had predicted, and called for an unexpected drop in sales during the current period. Here’s how the company did: Profits: 87 cents a share, adjusted against 86 cents a share, analysts … Read more