Investors are watching whether Nvidia can extend confidence in AI spending through 2027 and 2028.
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Investors are watching whether Nvidia can extend confidence in AI spending through 2027 and 2028.
Artificial intelligence cloud computing startup Lamda on Wednesday said it has won a cloud contract with high-speed trading firm Hudson River Trading. Lamba, which is backed by Nvidia and raised $1.5 billion last year after signing a deal to provide Microsoft with access to Nvidia's chips, said the deal with Hudson River Trading will entail renting more than 1,000 of Nvidia's latest "Blackwell" systems to the trading firm, which Reuters last month reported had $12.3 billion in trading revenues last year. Lamda and Hudson River Trading did not disclose the financial terms of the deal.
May 20 (Reuters) - U.S. stock index futures edged higher on Wednesday as chip stocks steadied ahead of Nvidia's earnings, which investors view as a crucial test of AI demand amid concerns about
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Investors will get highly anticipated quarterly results from Nvidia (NVDA) on Wednesday in what's expected to be the marquee earnings event of the week.
By Wayne Cole SYDNEY, May 18 (Reuters) - Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnings
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NVIDIA (NASDAQ:NVDA) at $235.74 screens attractively under $250. President Trump’s China visit and growing signals that potential Fed Chair candidate Kevin Warsh will take a dovish stance toward AI investment reframe the two biggest overhangs on this stock: export controls and rate policy. Nvidia sits at the center of the AI buildout. Data Center revenue ... Buy Nvidia Under $250 on Trump’s China Visit and Warsh’s Dovish AI Signals
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A look at the day ahead in European and global markets from Stella Qiu Is the penny finally dropping for investors in stocks?
STOCKS Asian stocks started the day broadly lower, despite a positive lead from Wall Street overnight and a constructive tone from the meeting between President Trump and Chinese leader Xi Jinping. As the U.
As a potential competitor to Nvidia, Cerebras generated tremendous hype before its IPO.
The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.
Nvidia stock surged 4% on Thursday.
Grocery prices jumped 0.5% in April and restaurant menu prices climbed 0.7%, the biggest monthly moves in either category since late 2025. Before that, you would have to go back to 2022 to find a hotter print. The April CPI report, released Tuesday by the BLS, showed headline inflation running at 3.8% year over year, ... Grocery and Restaurant Prices Post Biggest Jump Since 2022
The AI chipmaker opened at $350 per share on Thursday, well above its IPO price of $185.
The AI chipmaker opened at $350 per share, well above its IPO price of $185.
May 14 (Reuters) - Futures tracking the S&P 500 and the Nasdaq rose to record highs on Thursday as Nvidia's shares jumped, while investors watched developments around the high-stakes U.S.-China summit
Nvidia is scheduled to report earnings for its first quarter of fiscal 2027 on May 20.
Net profit for January-March for Nvidia's biggest server maker and Apple's top iPhone assembler was T$49.92 billion ($1.58 billion), versus a LSEG consensus estimate of T$48.88 billion. In an earnings release, it stuck to its previous forecast of "strong" growth for revenue this year and said it also saw strong demand for AI servers. Foxconn, formally called Hon Hai Precision Industry, in April reported a 30% on-year jump in first-quarter revenue.
May 14 (Reuters) - The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the
AEye Inc (LIDR) reports a 60% revenue increase, expands customer base, but faces challenges with net loss and cash burn.
Cerebras reportedly rejected a preliminary acquisition approach weeks before its expected IPO pricing.