Wall Street says this week’s tech sell-off is more about profit-taking and positioning than fading AI fundamentals.
The Vancouver, British Columbia-based company said it had net income of 44 cents per share. Earnings, adjusted for non-recurring costs, came to 48 cents
Nvidia (NVDA) didn’t ring the bell on this one, but its shadow was clearly all over it. A relatively obscure Beijing chipmaker, Moore Threads, just
“AI agents are the new digital workforce,” Huang said at the CES 2025 keynote.
SanDisk, the maker of memory chips, will join the S&P 500 index and replace Interpublic Group of Companies before the start of trading on Nov. 28.
The embattled Southern-style chain is seeking to rebuild its critical holiday business after the logo controversy as it cuts its sales and profit outlook.
Synopsys jumps after Nvidia invests $2 billion in the company’s common stock, while Tesla follows Chinese electric-vehicle makers to the downside after
As the market moves into December, investors will be watching for Fed updates and a steadier performance environment than they got in November.
While Costco Wholesale posted solid fiscal first-quarter earnings, investors’ reaction was muted, likely a reflection of hopes that the company would
The market might not appreciate the long-term potential of this AI leader.
