Jensen Huang resigns as Nvidia CEO: timeline, successor and AI trade impact
Jensen Huang has resigned as Nvidia’s president, chief executive and board member, the chipmaker said on Thursday, ending a 33-year run at the top after a fortnight of reports about…
Meet Nvidia’s interim CEO, Colette Kress, and what’s next for the stock
Nvidia (NVDA) investors woke up this morning to a scenario few expected, or at least didn’t hope for – the sudden departure of company co-founder and longtime chief executive Jensen…
Nasdaq opens lower as Nvidia selloff weighs on AI stocks and US markets
US stocks opened lower on Thursday as Nvidia shares slumped following the resignation of CEO Jensen Huang, adding to pressure on technology stocks and the broader market.The Nasdaq Composite dropped…
Nasdaq opens 1.4% higher as CoreWeave earnings boost AI stocks, Nvidia rebounds
US stocks opened higher on Wednesday, supported by strong gains in CoreWeave and a rebound in Nvidia as investors reassessed concerns about artificial intelligence spending and infrastructure demand.The Nasdaq Composite…
Corning stock jumps as Jefferies sees AI fiber demand driving growth
Corning shares GLW jumped 4% on Wednesday after Jefferies sees strong growth prospects for the company due to high fiber optics demand from AI data centers.The brokerage initiated coverage on…
CoreWeave raised the bar for Nebius stock: can it live up to the hype?
Nebius (NBIS) is heading into the Q3 earnings facing a very different market backdrop than it did just days ago.The reason is simple: peer CoreWeave has delivered another blockbuster quarter…
Dell stock is rising after the CoreWeave earnings: is this a bull trap?
Dell Technologies stock has remained in a deep bear market this month, falling nearly 40% from its highest level this year. It is attempting to rebound today as investors buy…
Nebius Group stock outlook ahead of earnings this week: will it rise or fall?
Nebius stock is stuck in a bear market after falling 54% from its all-time high of $300, a decline that coincided with the sell-off in Neocloud companies.NBIS has dropped to…
Jensen Huang’s affair helped Chinese firms get $7.5B worth of Nvidia chips: report
Nvidia chips worth $7.5 billion were delivered to Chinese firms through the relationship between Nvidia boss Jensen Huang and suspected Beijing agent Alice Huang, The Information reported on Tuesday.Nvidia CEO…
Dow falls 122 points as US stocks slide on inflation and Fed rate fears
US stocks fell on Tuesday as hotter-than-expected October inflation data and hawkish comments from Federal Reserve Governor Christopher Waller weighed on investor sentiment. The figures raised concerns that persistent price…