[ad_1] Nvidia Corp’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look cheaper.All eyes were on the chipmaker’s guidance for signs about the strength of the AI market, and Nvidia didn’t disappoint. With the numbers now in, bulls are swiftly…
[ad_1] It was, without a doubt, a strong earnings report.Lyft Inc. projected adjusted earnings as much as 11% higher than analysts’ estimates, and reported bookings ahead of expectations. And then there was the outlook for profitability: Margins, the ride-hailing provider said in an initial press release, were set to expand this year by an eye-watering…
[ad_1] Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person.The disclosure comes after Amazon reported its best online sales growth since early in the pandemic, sending its…
[ad_1] Microsoft achieved a historic $3 trillion market valuation on Wednesday, in the latest example of how optimism over artificial intelligence has fuelled a seemingly unstoppable advance in the software giant. The stock rose 1.3% to $404, resulting in a market capitalisation of $3 trillion. The threshold cements Microsoft’s status as one of the largest…
[ad_1] For veteran hedge fund investor Chua Soon Hock, 2024 was supposed to herald a multi-year rise in Chinese stocks and the opportunity of a lifetime. Instead, his fund’s sudden demise sends a warning to fellow China bulls: stick to your guns at your peril.Chua’s Asia Genesis Asset Management Pte told investors this week the…
[ad_1] HDFC Bank share price today: HDFC Bank shares experienced a significant drop on Thursday, with a decrease of up to 3.7% to the day’s low at Rs 1,480 on the Bombay Stock Exchange. Despite Wednesday’s crash, the bank failed to attract enough dip buyers to recover. Over the past two trading days, the stock…
[ad_1] MUMBAI: If you simply owned the sensex in 2023, you would have logged over 18% returns in a year — beating most conventional assets and perhaps even some Wall Street players who had forecast 5-6% returns this year.Now above 72,000 points, the sensex is at a higher level than what some analysts predicted it…