News

Nvidia reports earnings Wednesday with $92 billion in sales on the line, and Wall Street is split on whether the AI trade can hold.

U.S. Treasury Secretary Scott Bessent said in a post on X that ‘an economic D-Day’ was about to dawn on Iran on Monday, when Washington is expected to announce fresh sanctions against the Middle Eastern country.

Microsoft, Google and Oracle, which operate massive data centers powered by Nvidia chips, have also notified their customers of the forthcoming increases.

Nvidia is in talks to invest in Perplexity as part of an equity ‌funding round that would value the AI startup ‌at more than $30 billion, The Information reported on Sunday, citing people ​with knowledge of the discussion. The funding round would increase Perplexity's valuation by more than 50% from its previous financing a year ago, according to the report. Perplexity's annualized revenue has ‌risen to more ⁠than $750 million from less than $250 million at the start of the year, the report said.

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.Vice President JD Vance admitted the plan was a "delicate dance" because Iran will "try to apply economic pressure to us".

This AI lab just hired the person who built Google’s most guarded hardware program. That is not a coincidence.

Chip makers are fighting to assure investors that the artificial-intelligence boom is racing forward. Wall Street might not believe it until Nvidia’s   Jensen Huang says so. When Huang steps up to the mic for his company’s earnings call Wednesday, he will have the world’s attention.

By Wayne Cole SYDNEY, Aug 24 (Reuters) - Share markets were flat in Asia on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran due later in the session,

By Wayne Cole SYDNEY, Aug 24 (Reuters) - Share markets were flat in Asia on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran due later in the session,

Nvidia Corp.'s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring. Bloomberg's Anthony Stephens breaks down what we know so far.

Analysts reveal what could happen to Nvidia shares next, and set expectations for the Q2 report.

AI startup Hugging Face has been exploring a sale that could ‌value the company at $13 billion or ‌more, Business Insider reported on Sunday, citing people familiar with ​the matter. The New York-based company, which hosts open-source large language models and datasets, has been working with a bank to gauge bidders' interest, the ‌report said. • Hugging Face did not immediately respond to a Reuters ⁠request for comment outside regular business hours.

Nvidia is expected to nearly double last year’s second-quarter earnings. It’s a big week for economic news, all of which will be capped off with Kevin Warsh’s speech at Jackson Hole on Friday.

The once-struggling retailer just reported a second-consecutive solid quarter just one year after a new CEO took over. Connect the dots.

The AI boom is quietly sending a surge of inflation through every corner of the tech industry, and Nvidia's latest move suggests the pressure is only getting started.

Investing.com -- Nvidia is expected to report stronger-than-anticipated quarterly sales next week, with Citi raising its revenue forecasts on improved shipments of AI networking components and a continued ramp-up of the company's Blackwell chips.

The company is reporting some of its best performance in years.

Nvidia reported its Q2 earning on Wednesday.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia will report its Q2 earnings after the bell on Aug. 26.

Nvidia earnings headline a busy week with an all-important inflation reading

Energy prices aren't the headline inflation story any longer.

Two companies –- OpenAI and Anthropic –- are driving the AI industry forward as everything from hyperscalers to neoclouds to memory stocks hangs on the demand for tokens.

A sweeping agreement with startup Poolside aims to build an open artificial-intelligence ecosystem in the U.S. that would compete with Chinese heavyweights and American AI giants.

Some of Nvidia's largest customers have been told prices of servers ‌containing its AI chips will rise by ‌more than 15% in many cases with memory chip ​costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect on systems shipped early next year and will impact systems including ‌those with the ⁠flagship Vera Rubin and Grace Blackwell chips, the report added, citing people familiar ⁠with the process. The increases will depend on Nvidia's chip generation and memory configurations, they ​said.

A tricky stock market struggles against industry rotation and wavering investor confidence heading into the final full week of August.

With Nvidia reporting August 26, Oppenheimer just published insights about the stock that cut through the noise around the trade.

Thanks to Scott Bessent, Fed Chair Warsh now finds himself stuck between a rock and a hard place.

The last week of August will be chock-full of news, from Nvidia earnings to the Fed’s hotly-anticipated meeting in Jackson Hole.