NVIDIA Corp
Stock futures are little changed as Wall Street braces for Nvidia’s quarterly results: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Spencer Platt | Getty Images Stock futures hovered near the flatline on Tuesday evening, as investors looked toward a key earnings report from tech giant Nvidia. Futures tied to the Dow Jones Industrial Average ticked up by […]
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Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm said on Tuesday that it expects its so-called internet of things business to more than quadruple in sales by 2029 to around $22 billion. Of that amount, roughly $4 billion will come from PC chips, […]
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Super Micro shares soar 30% after company names new auditor to help keep Nasdaq listing
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares jumped more than 30% on Tuesday after the embattled server maker said it named BDO […]
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Stocks making the biggest moves premarket: Walmart, Lowe’s, Super Micro Computer, BioNTech and more
Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street’s estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe’s — The home improvement retailer’s shares fell 1.7%. Although the company reported a top- and bottom-line […]
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Nvidia must show Blackwell chip can drive growth in earnings report
Despite rising competition, Nvidia holds 80% of the fast-growing market for artificial intelligence chips as the tech industry’s graphics processing unit, or GPU, of choice for making and deploying generative AI software. What investors will want to see when Nvidia reports its third-quarter earnings on Wednesday is whether it can continue to grow at a […]
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CNBC Daily Open: Tesla helps the Nasdaq snap its losing streak
A Tesla Cybertruck at a Tesla store in San Jose, California, US, on Tuesday, Nov. 28, 2023. David Paul Morris | 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 […]
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European markets head for higher open as traders focus on data, earnings
Thyssenkrupp books $1 billion impairment on struggling steel unit A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the […]
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CNBC Daily Open: Tesla makes up for Nvidia’s dip
A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | 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 […]
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Stock futures little changed ahead of major earnings reports: Live updates
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures were lower Monday night as investors await key earnings from retailers and chipmaker Nvidia this week. Futures tied to the Dow Jones Industrial Average […]
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Super Micro hires new auditor to maintain Nasdaq listing; shares pop
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it had hired BDO as its new auditor and […]
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