Nvidia faces Chinese investigation amid retaliation for US trade restrictions
Nvidia shares slid amid an escalation in the tech trade war as China launched a probe into the company on suspicion of breaching the anti-monopoly…
China launches investigation into US chipmaker Nvidia | Technology News
Taipei, Taiwan – China has launched an antitrust investigation into chip giant Nvidia in what appears to be Beijing’s latest act of retaliation against Washington’s…
Weekly recap: Geopolitical tensions weigh on European market sentiment
The European stock markets rebounded on Thursday but remained in negative territory for the week as rising geopolitical tensions weighed on sentiment. ADVERTISEMENTStock markets on…
Samsung shares jump after surprise share buyback announcement
The prospect of a buyback worth trillions of South Korean won has cheered investors after a disappointing year. ADVERTISEMENTThe value of Samsung stock rose more…
Markets look ahead: What’s in store for global data and Nvidia’s earnings
With key economic data and Nvidia earnings scheduled, this week will provide important signals for global market directions. ADVERTISEMENTThis week, the market focus will be…
Nvidia to replace Intel on Dow Jones Industrial Average
A screen at the NASDAQ shows news on Nvidia's upcoming earnings report in Times Square in New York City on February 21. Nvidia will replace…
Nvidia shares hit new high as demand soars for AI supercomputer chips
Nvidia's shares closed at a record high on Monday, driven by growing optimism around the strong demand for its new supercomputing AI chips, Blackwell. Analysts…
Nvidia sheds billions in value on tech wreck and antitrust investigation
Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to…
Nvidia shares slide as guidance misses expectations
Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares…
Wall Street’s next big test is looming with Nvidia’s profit report
How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question…
Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD | Technology
US chip maker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.Chipmaker Intel has announced plans to…
Nvidia records biggest daily gain in market value in history | Financial Markets
Californian-based chip maker adds $330bn to market value in a single day, blasting past previous record.Nvidia has recorded the biggest daily jump in market value…
Nvidia becomes world’s most valuable company, dethroning Microsoft | Technology
Chip giant’s market capitalisation hits $3.335 trillion as stock prices continues its stellar rise. Nvidia, the startup at the centre of the artificial intelligence boom,…
Goldman Sachs lifts target predictions for S&P 500 in 2024
Most of the Magnificent Seven tech stocks are contributing strongly to the S&P 500’s advancements at the moment, with other sectors such as healthcare and…
Why Microsoft, OpenAI and Nvidia are facing anti-monopoly probes | Technology
The United States Department of Justice and the Federal Trade Commission (FTC) have reportedly reached a deal on how they will pursue an antitrust investigation…
Nvidia’s market valuation tastier than Apple’s ahead of share split
Nvidia overtakes Apple in market cap, topping $3 trillion one day before the 10-for-1 share split commencement. ADVERTISEMENTThe AI powerhouse Nvidia saw its shares surge…
Nvidia overtakes Apple to become world’s second-most valuable company | Technology
Chipmaker’s market capitalisation passes $3 trillion after latest rally in stock price. Nvidia has overtaken Apple to become the world’s second-most valuable company, with furious…
AI ‘healthcare revolution’ already under way, Nvidia says | Health
Top executive says AI likely to affect healthcare more than any other area of life. Taipei, Taiwan – Generative artificial intelligence (AI) has already brought…
Ahead in the markets: manufacturing PMIs, UK CPI and Nvidia earnings
In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the…
Tech giant Nvidia unveils higher performing ‘superchips’ to power AI | Technology
Nvidia CEO Jensen Huang tells developers conference that computing is advancing at an ‘insane’ rate. Nvidia has unveiled its latest family of chips for powering…