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The Latest Breaking News from Nvidia

One of the world’s most popular economists on why AI is ‘undoubtedly going to crash’: It’s built on ‘digital lettuce’—and the U.S. will be just fine anyway

Irish economist David McWilliams is taking his “History of Money” to America: “You kind of feel the boominess of the place, right?” he told Fortune.

Fortune

Walmart and Target are both getting new CEOs—one succession plan has gone smoother than the other

Also: All the news and watercooler chat from Fortune.

Fortune

Pegatron Chair Calms Taiwan Semiconductor Leak Drama, Says Chip Rivalry Can't Steal Its Edge

Nvidia Corp.’s (NASDAQ:NVDA) stronger-than-expected quarterly results ignited a broad rally across semiconductor names, sending key supplier Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) higher in premarket trading on Thursday.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Nokia is splitting off its AI business, weeks after $1bn Nvidia investment

Nokia has divided itself into three sectors, including a new arm focused on developing future AI mobile networks.

TechRadar

Big AI companies and the people that supply big AI companies are once again investing billions of dollars in one another: this time, Nvidia, Microsoft and Anthropic

Money fight, anyone? Chuck a few bucks my way while you're at it.

PC Gamer

Nvidia's Earnings Lifeline: How Chipmaker's Win Pulled Broader 'Risk-On' Assets Caught In AI Crossfire

Nvidia Corp.‘s (NASDAQ:NVDA) blockbuster third-quarter earnings on Nov. 19 delivered a rebuke to the mounting chorus of AI bubble warnings, igniting a swift “risk-on” rally that rippled across disparate asset classes.

Benzinga

Michael Burry Says Nvidia Spent $112.5 Billion On Buybacks Adding 'Zero' Shareholder Value — 'The True Cost...'

Famed “Big Short,” investor Michael Burry, known for his prescient bet against the housing market, has publicly questioned Nvidia Corp.‘s (NASDAQ:NVDA) capital allocation strategy, asserting that the tech giant’s $112.5 billion spent on stock buybacks since 2018 has effectively yielded “zero” additional shareholder value.

Benzinga

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AOC Warns Of '2008-Style' Risks From AI Bubble, Says Tech Giants Shouldn't Expect A Bailout

Rep. Alexandria Ocasio-Cortez (D-NY) has raised concerns about a potential AI bubble and its economic repercussions, suggesting that there should be no government bailout for AI companies.

Benzinga

US economy added more jobs than forecast in September, after shock losses in August – as it happened

US non-farm payrolls rose by 119,000 in September, but new data also shows economy shed jobs in August

The Guardian - UK

FTSE 100 Live 20 November: Markets rally on Nvidia cheer, Games Workshop surges

Forecast-beating Nvidia results have changed the mood after a jittery run for global stock markets.

Evening Standard

Nvidia shares rise after quarterly earnings, calming bubble anxiety

Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high.

Euronews

Nvidia CEO Jensen Huang Explains Why the Massive AI Spending Wave Actually Makes Perfect Sense: '... All Of It Justified'

On Wednesday, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang pushed back on growing concerns that the world is heading toward an AI bubble, arguing that today's massive investments are rooted in a historic shift in how computing itself works.

Benzinga

Asian shares surge as Nvidia's strong quarterly earnings lift sentiments

Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high

The Independent UK

What Sparked PACS Group Stock Jumped Over 45% In After-Hours Trading?

PACS Group Inc. (NYSE:PACS) shares jumped 45.48% in after-hours trading Wednesday, closing at $24.48, after the company released its third-quarter results and completed financial restatements.

Benzinga

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Benzinga

Dan Ives Says It Was The 'Most Bullish' Call, El Erian Calls Chipmaker's Earnings A 'Macro Event': Analysts Explode With Optimism On Nvidia

Leading analysts are beaming with optimism on NVIDIA Corp. (NASDAQ:NVDA) and the broader AI trade, following the company’s strong third-quarter performance on Wednesday.

Fortune

Why Nvidia CEO Jensen Huang namechecked this Saudi AI startup three times in his earnings call

Humain, founded by Saudi Crown Prince Mohammed bin Salman, has signed a series of landmark deals with Amazon and xAI that all involve Nvidia's AI chips.

Benzinga

Michael Burry Hits Back At Critics: Accuses AI Companies Of 'Suspicious Revenue Recognition' And Depreciation Gimmicks: 'Fraud, Not A Flywheel'

Investor Michael Burry pushed back against critics who challenged his take on chip depreciation at hyperscalers like Meta Platforms Inc. (NASDAQ:META) and Oracle Corp. (NYSE:ORCL), while doubling down with fresh claims that top AI firms are inflating earnings through accounting maneuvers.

Benzinga

Nvidia Says Surging AI Chip Demand Could Push Blackwell–Rubin Revenue Beyond $500 Billion Target As Stock Surges Over 5% After Hours

On Wednesday, Nvidia Corp. (NASDAQ:NVDA) said that demand for its newest AI chips continues to accelerate at a pace that may drive total revenue for its Blackwell and Rubin platforms past the previously announced $500 billion target through 2026.

Get all your
news in one place.

100's of premium titles.
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The Guardian - AU

Fear of an AI bubble, falls in ASX share prices and rates jitters – what’s going on with the Australian market?

The benchmark index hit a record in October but then quickly shed about 7%. And despite a Nvidia-fuelled tech rally, Australia isn’t out of the woods yet

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Fall Even As Stocks Spike After Q3 Nvidia Earnings: Analyst Suggests BTC Whales Are Pivoting From Dumping To Buying

Leading cryptocurrencies failed to capitalize on the recent spike, even as stock futures lifted after Nvidia Corp. (NASDAQ:NVDA) reported stronger-than-expected third-quarter financials.

Benzinga

Cathie Wood Unloads $16 Million In AMD Stock As Nvidia Earnings Reignite AI Buzz, Buys These Crypto Plays Instead

On Wednesday, Cathie Wood-led Ark Invest made notable trades involving Advanced Micro Devices Inc. (NASDAQ:AMD), Circle Internet Group Inc. (NYSE:CRCL), Bullish (NYSE:BLSH), and Bitmine Immersion Technologies Inc. (NYSE:BMNR).

Benzinga

Elon Musk Learned An Important Lesson About People During 'Very Dark Times' At Tesla: Difference Between 'Success And Failure' Depends On Who You Pick

Elon Musk once detailed how Tesla Inc. (NASDAQ:TSLA) nearly collapsed and why only mission-driven employees can carry a company through its most brutal moments.

AAP

Mining, tech gains shoot Australian shares upward

The Australian market has had its best day in months after a massive rebound in technology stocks and big performances for gold and lithium miners.

Benzinga

Nvidia, Palo Alto, Coreweave, Broadcom And AMD: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks advanced on Wednesday as Nvidia's results reignited enthusiasm for AI plays. The Nasdaq climbed 0.59% to 22,564.22, the SP 500 added 0.38% to 6,642.16, and the Dow Jones Industrial Average inched up 0.1% to 46,138.77.These are the top stocks that gained the attention of retail traders and investors…

Tom’s Hardware

Nvidia's revenue skyrockets to record $57 billion per quarter — all GPUs are sold out

Nvidia posts another record-breaking quarter with $57 billion in revenue, driven by surging demand for data-center GPUs. It now forecasts $65 billion next quarter and projects $0.5 trillion in Blackwell and Rubin sales by the end of 2026.

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