Finance News Archives | Page 21 Of 196

Nvidia earnings takeaways: Bubble talk, ‘half a trillion’ forecast and China orders

Nvidia on Wednesday reported fiscal third-quarter earnings that beat expectations, and provided a strong forecast for the current quarter. Wall Street welcomed the report, and Nvidia stock rose after the release and during the conference call. Other stocks in the so-called artificial intelligence trade also saw a boost. A closer look at Nvidia’s report shows […]

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Nvidia’s earnings blowout, Walmart’s outlook, Fed minutes and more in Morning Squawk

Finance News

Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know

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Nvidia stock pops 5% in premarket trading after stronger-than-expected results

Finance News

Shares in AI darling Nvidia popped in premarket trade after the U.S. firm beat expectations in third-quarter results after the closing bell on Wednesday. Shares were last trading 5.5% higher at 4:15 a.m. ET. Nvidia topped forecasts for revenue, which jumped 62% to $57.01 billion year-on-year, and issued stronger-than-expected fourth-quarter sales guidance. “There’s been a

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Nvidia sent a strong signal on AI infrastructure — but is it a bubble barometer?

Finance News

Nvidia reported strong earnings and forecasts Wednesday, in what analysts saw as a clear signal for continued spending on AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in markets. Fears have grown in recent months that massive investment in AI by major tech companies could outpace realistic

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Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat

Finance News

C. C. Wei, chief executive officer of Taiwan Semiconductor Manufacturing Co. (TSMC), left, and Jensen Huang, chief executive officer of Nvidia Corp., during the TSMC sports day event in Hsinchu, Taiwan, on Saturday, Nov. 8, 2025. Bloomberg | Bloomberg | Getty Images Asian chip stocks rallied in early trading Thursday after American AI chip darling

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Meta chief AI scientist Yann LeCun is leaving to create his own startup

Finance News

Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers

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Palo Alto tops earnings expectations, announces Chronosphere acquisition

Finance News

Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday and announced

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Block says gross profit in 2028 will approach billion as company unveils 3-year outlook

Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook

Finance News

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block said Wednesday that it expects gross profit to increase in the mid-teens

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Kraken confidentially files for IPO following 0 million raise

Kraken confidentially files for IPO following $800 million raise

Finance News

Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken confidentially filed to go public in the U.S., a person familiar with the matter told CNBC on Wednesday. A Kraken spokesperson declined to comment on the timing of its plans. Kraken is the latest crypto company to attempt

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Luma AI raises 0 million in funding round led by Saudi AI firm Humain

Luma AI raises $900 million in funding round led by Saudi AI firm Humain

Finance News

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz,

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