Rapid Funds
‘Wild ride’: Morgan Stanley’s Mike Wilson predicts double-digit share drop will strike stocks in early 2023
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‘Wild ride’: Morgan Stanley’s Mike Wilson predicts double-digit proportion fall will strike stocks in early 2023
Finance
Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
Key Points Nvidia said it has yet to generate any revenue from chip sales to China. Chip sales have come under scrutiny from both Washington and Beijing amid a tech race. Chinese AI firms gained ground through IPOs and lower-cost tech. Source
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Finance
Stocks making the biggest moves after hours: Nvidia, Salesforce, Snowflake, Nutanix & more
Check out the companies making headlines in after-hours trading. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1% in extended trading. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion […]
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Finance
Stocks making the biggest moves midday: Netflix, Coinbase, Diageo, Cava and more
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market […]
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