Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom's quarterly results and guidance sailed past Wall Street estimates. It didn't matter. The ...
Tag: CoreWeave Inc
AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day. Oracle ...
Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected ...
From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo ...
OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption
Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun ...
Nvidia sales are ‘off the charts,’ but Google, Amazon and others now make their own custom AI chips
Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But ...
Tech stocks set for big losing week as AI names get rocked after Nvidia earnings
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on ...
The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight
Nvidia earnings, the most important report of the quarter, will be out after Wednesday's close, and AI rockstar CEO Jensen ...
AI anxiety on the rise: Startup founders react to bubble fears
Markets were on edge this week as a steady stream of negative headlines around the artificial intelligence trade stoked fears ...
We’re increasing our Cisco Systems price target after an AI-fueled beat and raise
Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise. Another quarter ...
