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Affirm’s stock soars 15% on earnings, revenue beat
Key Points Affirm reported earnings per share of 20 cents for the quarter, almost double what analysts expected. The company also reported better-than-expected revenue. Source
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Dell shares fall on soft third-quarter earnings outlook
A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance that below Wall Street’s expectations. Here’s how the systems […]
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Nvidia’s top two mystery customers made up 39% of the chipmaker’s Q2 revenue
Two Nvidia customers made up 39% of Nvidia’s revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmakers clientele. “Customer A” made up 23% of total revenue, and “Customer B” comprised 16% of total revenue, according to the company’s second-quarter filing with the […]
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CNBC’s Inside India newsletter: India’s three-way balancing act: Tariffs, oil, and uneasy handshakes
Hello, this is Spriha Srivastava, CNBC International’s Executive Editor for Digital, writing from London. This week, I take a closer look at India’s tightrope walk — tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. Let’s dive in. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping […]
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Nvidia CEO Huang says bringing Blackwell AI chip to China ‘is a real possibility’
Nvidia CEO Jensen Huang waves to a crowd as he leaves the China International Supply Chain Expo (CISCE) in Beijing on July 17, 2025. Jade Gao | Afp | Getty Images Nvidia CEO Jensen Huang said there’s a “real possibility” the company brings its advanced Blackwell processor to China as he urges the U.S. government […]
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Nvidia reports second-quarter earnings after the bell
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia reports fiscal second-quarter earnings on Wednesday after the bell. Here’s how Nvidia is expected to do versus LSEG consensus estimates: Earnings per share: $1.01, adjusted Revenue: $46.02 billion That would represent 53% […]
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Google might lose its $26 billion search deals. Analysts say that could fuel its AI growth
Any day now, a federal judge is expected to issue a landmark ruling that could upend some of the most lucrative deals in Silicon Valley: Google’s default search contracts. At stake is more than $26 billion a year, $20 billion of which goes to Apple. That’s nearly a quarter of Alphabet’s operating income. For decades, […]
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Apple announces launch event on Sept. 9, iPhone 17 expected
Apple announces an iPhone event on Sept. 9. Courtesy: Apple Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: “Awe dropping.” Apple is expected to release new iPhones, as it usually does in […]
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Stocks making the biggest moves midday: Vital Energy, SolarEdge Technologies, RH & more
Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear, […]
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Nvidia’s new ‘robot brain’ goes on sale for $3,499 as company targets robotics for growth
NVIDIA Jetson AGX Thor. Courtesy: NVIDIA Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is now on sale for $3,499 as a developer kit. The company calls the chip a “robot brain.” The first kits ship next month, Nvidia said last week, and the chips will allow customers to create […]
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