Advanced Micro Devices Inc
CNBC Daily Open: Rate cuts need to start before inflation’s 2%
A ‘Now Hiring’ sign posted on the window of a business looking to hire workers on May 05, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need […]
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CNBC Daily Open: Can’t wait until 2% to start cutting rates
A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Nvidia says it didn’t receive antitrust subpoena from DOJ
Nvidia’s headquarters in Silicon Valley. Andrej Sokolow | Picture Alliance | Getty Images Nvidia on Wednesday denied reports it received a subpoena from the Department of Justice over antitrust concerns. “We have inquired with the U.S. Department of Justice and have not been subpoenaed,” an Nvidia representative told CNBC. “Nonetheless, we are happy to answer […]
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Stocks making the biggest moves midday: Dollar Tree, GitLab, Zscaler and more
Check out the companies making headlines in midday trading: Dollar Tree — Shares tumbled 20% after the discount retailer slashed its full-year outlook for net sales and adjusted earnings per share. Dollar Tree cited increasing pressures on middle- and higher-income customers. GitLab — The software developer’s stock soared 17% thanks to a strong third-quarter earnings […]
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Stocks making the biggest moves premarket: Nvidia, GitLab, Sweetgreen, Dollar Tree and more
Check out the companies making headlines in premarket trading. Nvidia — Shares of the artificial intelligence darling pulled back nearly 2% following a report from Bloomberg that the U.S. Department of Justice subpoenaed the chip company in concert with a broader antitrust investigation. Dick’s Sporting Goods — Stock in the retailer fell about 1% despite […]
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Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip
A view of the logo of Qualcomm at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Qualcomm launched a new PC processor on Wednesday as it looks to capitalize on electronics makers’ desire to put artificial intelligence on their devices. The move ramps up Qualcomm’s efforts to challenge […]
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CNBC Daily Open: Nvidia sinks and data’s weak, but hold on
The Nvidia headquarters in Santa Clara, California, US, on Wednesday, Aug. 28, 2024. Loren Elliott | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? […]
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Nvidia tumbles, leading chip stocks lower
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than […]
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Stocks making the biggest moves midday: Cleanspark, Vaxcyte, Unity Software and more
Check out the companies making headlines in midday trading. Cleanspark – The crypto miner’s stock plunged more than 13%. Cleanspark released its mining update for August, which showed that it mined 478 bitcoins last month. That marks a drop from 494 in July and 659 in August last year . Vaxcyte – Shares were recently […]
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Nvidia’s earnings report shows the problem of being priced for perfection
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia reported its fourth-straight quarter of triple-digit revenue growth on Wednesday, sailing past estimates on the top and bottom line while also issuing a […]
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