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Nvidia CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating.
Brent crude futures closed US$4.17, or 4.99%, higher at US$87.72 a barrel
Oil held onto gains as fading hopes for a deal to reopen the Strait of Hormuz revived inflation concerns before key US data this week.
TMTG also recently announced plans to charge bumper fees for access to president’s social media posts
Executives forecast continued strong advertising in the second half of the year and are predicting growth in adjusted EBITDA.
Investors weighed signs of progress toward reopening the Strait of Hormuz against doubts that the U.S. and Iran can reach a broader resolution to the conflict.
