đź’¨ Abstract
Nvidia's upbeat quarterly forecast indicates the AI boom continues, but failed to reignite the "Magnificent Seven" stocks' rally. The company reported strong demand for its latest chip, Blackwell, and expects total revenue of $43 billion for the first quarter. However, concerns over Big Tech's spending on AI infrastructure and a dip in margins for the current quarter persist.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Trump says he is likely to accept UK deal on Chagos Islands
Trump's 'very big' minerals deal may pay off with US Republicans
Mexico to extradite to U.S. convicted drug kingpin Caro Quintero, other suspected cartel members
Chess-Russian grandmaster Spassky dies aged 88
Digital rights activists file complaints in Europe over Meta's targeted ads
Seasoned bureaucrat Tuhin Pandey to take over as 11th SEBI chairman
France's Macron urges Reunion residents to stay safe in face of approaching cyclone
Veteran Odia actor Uttam Mohanty dies at 66
Teachers’ constituency MLC election records 92 per cent polling in north Andhra
Reaction to jailed Kurdish leader's call for end to conflict with Turkey
Powered by MessengerX.io