Nvidia shares fall for sixth straight week, losing $1.6 trillion in value
Nvidia shares have fallen for a sixth consecutive week, the longest such streak since 2012. The company has lost approximately…
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Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Alphabet Gains as Nvidia’s Jensen Huang Resigns
Shares of Alphabet gained while most chip stocks fell after Nvidia announced that Jensen Huang is resigning. Alphabet has been…
Applied Materials Posts Record $10.41 Billion Quarterly Revenue on AI Chip Demand
Applied Materials reported record fiscal fourth quarter revenue of $10.41 billion, ahead of analyst expectations. The company also forecast first…
Cerebras jumps 18% after Q3 revenue beat and new Microsoft deal
Cerebras reported third-quarter core revenue above analyst expectations and announced a new deal with Microsoft. Its shares rose in extended…
Cisco beats earnings estimates and raises AI infrastructure revenue expectation to $9 billion
Cisco reported fiscal first-quarter results that topped analyst estimates and raised its AI infrastructure revenue expectation from hyperscalers to $9…
