Business

Asia markets rocky as Nvidia drops, China chipmakers blast off – Reuters

Asia markets rocky as Nvidia drops, China chipmakers blast off  Reuters Asia markets waver, Nvidia drops after earnings beat  Yahoo Finance European stocks mixed as traders gear up for Nvidia earnings  CNBC European Stocks Steady as Banks Slide Before Nvidia Results  Bloomberg.com Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings  Investing.com Source link

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Nvidia earnings beat Wall Street’s sky-high expectations, but the stock is falling because ‘there were no H20 sales to China-based customers’

Nvidia earnings beat Wall Street’s sky-high expectations, but the stock is falling because ‘there were no H20 sales to China-based customers’

Nvidia recorded no China sales revenue for H20 chips and reported revenue that narrowly beat Wall Street targets in the second quarter, as the AI chipmaker reported financial results on Wednesday. The results, while confirming that demand for AI infrastructure remains solid, left investors underwhelmed and shares of Nvidia, the world’s most valuable company, declined 4% to around the $175 …

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AI Use And Data Centers Are Causing ComEd Bills To Spike — And It Will Likely Get Worse

AI Use And Data Centers Are Causing ComEd Bills To Spike — And It Will Likely Get Worse

CHICAGO — Heatwaves aren’t the only thing that have driven up ComEd bills this summer. Electricity rates went up this summer thanks, in part, to increasing demand for electrical power brought on by the explosion of artificial intelligence — and their required data centers — across the country, experts said. Companies that provide cloud computing and artificial intelligence services — …

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Europe markets on Thurs Aug. 28: Nvidia beat,

Europe markets on Thurs Aug. 28: Nvidia beat,

European stock markets opened higher on Thursday, as investors assess an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal second-quarter revenue came in …

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Microsoft fires two employees over breaking into its president’s office

Microsoft fires two employees over breaking into its president’s office

Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith’s office earlier this week. The news comes after seven current and …

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Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings – Investing.com

Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings  Investing.com Europe markets set to open higher as investors assess Nvidia results  CNBC Asia markets rocky as Nvidia drops, China chipmakers blast off  Reuters Asia markets waver, Nvidia drops after earnings beat  Yahoo Finance Asian shares are mixed after US stocks creep higher ahead of Nvidia earnings report  WWLP Source …

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Snowflake Gives Strong Outlook, Wiping Out Software Malaise Fear – Bloomberg.com

Snowflake Gives Strong Outlook, Wiping Out Software Malaise Fear  Bloomberg.com Cloud analytics firm Snowflake lifts annual product revenue forecast; shares jump 13%  Yahoo Finance Snowflake wows investors with AI momentum, and the stock rallies after earnings beat  MarketWatch Snowflake Stock Jumps On Q2 Earnings, Revenue Beat Amid Solid Guidance  Investor’s Business Daily Snowflake Stock Jumps as Earnings Beat Estimates. The ‘Enormous Opportunity’ Sending Shares …

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Microsoft fires two employee protesters who occupied its president’s office

Microsoft fires two employee protesters who occupied its president’s office

Microsoft has fired two employees that were involved in a sit-in protest in vice chair and president Brad Smith’s office. Software engineers Riki Fameli and Anna Hattle were both dismissed today, after being part of a group of seven protesters that managed to get inside Smith’s office in Building 34 yesterday. Microsoft was forced to temporarily lock down its executive …

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How US restaurant chain Cracker Barrel became a Maga lightning rod – Financial Times

How US restaurant chain Cracker Barrel became a Maga lightning rod – Financial Times

How US restaurant chain Cracker Barrel became a Maga lightning rod  Financial Times Cracker Barrel took down Pride page after rebrand fiasco  Fox Business Cracker Barrel had good reasons to rebrand. But after its new logo misfired, here’s what’s next  AP News Cracker Barrel to return to its old logo after backlash  CBS News Trump spoke for the ‘go woke, go broke’ crowd. Did …

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