Nvidia's stock sees only marginal gains after better-than-expected results. Here's the latest
CNBC
Better-than-expected results drew a muted investor response as AI bubble concerns remain
Nvidia stock is up almost 1% in pre-market trading on Thursday, as investor concerns around the AI infrastructure boom dampened enthusiasm about its better-than-expected earnings.
Revenue for its fiscal fourth-quarter hit $68.13 billion, ahead of analyst estimates of $66.21 billion, according to LSEG. Total revenue climbed 73% from the figure Nvidia reported a year ago and guidance also came in ahead of expectations.
"The debate has shifted away from near-term results and toward the sustainability of AI capex spending, amid concerns around its quantum, monetisation and potential cashflow degradation," Richard Clode, portfolio manager at Janus Henderson Investors, told CNBC by email.
Here are five key things investors need to know to start the trading day.
Most enterprise AI projects have failed since 2018, a sobering track record for an industry awash in enthusiasm.
The new unified app aims to help OpenAI streamline the user experience.
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple.
Meta is beginning a multiyear rollout of more advanced AI systems that will handle content enforcement-related tasks like catching scams and illegal media.
People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.
China's ClawdBot use is soaring as tech giants hold meet-ups to help everyone add the artificial intelligence digital assistant to their devices.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Here are five key things investors need to know to start the trading day.
Chinese AI stocks surged on Wednesday following upbeat remarks from Nvidia's chief executive Jensen Huang on the promise of AI agents and OpenClaw.
Nvidia CEO Jensen Huang pointed to a fast-rising project called OpenClaw as a major step forward in how people interact with AI.
OpenAI has hired the former DocuSign CFO Cynthia Gaylor to run investor relations as the company gears up for a potential IPO.
Microsoft is doubling down on its superintelligence group to build models, while consolidating engineering efforts for its Copilot assistants.