Nvidia just delivered the earnings beat Wall Street needed to silence skeptics about the AI spending cycle. The company posted $57 billion in quarterly revenue, blowing past its own $54 billion guidance by $3 billion. Nvidia reported a strong earnings per share (EPS) of $1.30 for Q3, beating analysts’ expectations of around $1.26 and reflecting
Nvidia Corp. shares rallied after the AI-chip bellwether smashed Wall Street’s third-quarter projections and signalled another record period ahead, easing fears that the sector’s breakneck growth is fading. The stock rose more than 4% in late trading as investors cheered both the headline numbers and a guidance range that exceeded expectations. Earnings per share came
Asian semiconductor stocks rallied sharply on Thursday after Nvidia reported stronger-than-expected quarterly results, helping calm concerns that rapid investment in artificial intelligence could be forming a market bubble. The surge lifted major technology indexes across the region, reflecting renewed confidence in the global chip cycle and continued momentum in AI infrastructure spending. Broad-based rally across
A series of major political and market developments unfolded, with US President Donald Trump preparing to meet New York City’s incoming mayor, to South Korea urging renewed dialogue with Pyongyang. In markets, Asian semiconductor stocks surged on optimism surrounding Nvidia’s earnings, while the chipmaker itself delivered a blockbuster quarter that reinforced confidence in the global
Tata Consultancy Services (TCS), India’s largest software services company, is preparing for one of the most consequential strategic shifts in its history as it moves into the capital-intensive data-center and AI infrastructure business. The company is set to form a multi-billion-dollar joint venture with global private equity firm TPG to build large-scale AI and Sovereign
CoreWeave shares jumped nearly 10% in pre-market trading on Thursday, fueled by a rally in Nvidia Corp. following the chipmaker’s blockbuster third-quarter earnings report. The jump reflects growing investor sentiment that the Nvidia-backed AI cloud provider could become a major bet in the expanding artificial intelligence infrastructure market. CoreWeave’s strong recent market performance CoreWeave, which
A Spanish court has ordered Meta to pay €479 million to 87 digital media outlets and news agencies after ruling that the company gained an unlawful competitive advantage through its use of personal data for behavioural advertising. Madrid’s Commercial Court said on Thursday that the compensation stems from Meta’s practices on Facebook and Instagram, where
Global technology shares rallied sharply on Thursday after Nvidia reported another blockbuster quarter, reinforcing confidence that the artificial intelligence boom remains intact despite mounting concerns over overheated valuations. The chipmaker’s results eased fears of a potential AI bubble while underscoring persistent demand for advanced AI hardware across cloud, enterprise, and semiconductor supply chains. Nvidia stock
President Trump is set to unveil the Genesis Mission on Monday at the White House, a sweeping federal initiative branded as an AI equivalent to the Manhattan Project and the space race. The executive order signals an unprecedented commitment to domestic artificial intelligence supremacy, mobilizing national laboratories, streamlining data-centre approvals, and forging public-private partnerships. The
The UK announced a dual-track immigration overhaul on Thursday that reshapes pathways to permanent residency. Most foreign workers will need to wait ten years for indefinite leave to remain, double the current five-year standard, but a new “earned settlement” scheme allows high-earners and exceptional contributors to qualify much faster. The fast-track pathway rewards substantial tax