Nvidia Posts $96 Billion Quarter As AI Boom Powers 106% Growth In A Year
The AI behemoth forecasts revenue will top $100 billion in Q3.
We haven't written up this one. Forbes has the full story — the link below goes straight to it.
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Nvidia reports Q2 revenue up 106% YoY to $96.2B, Data Center revenue up 117% to $89B, Edge Computing revenue up 27% to $7.2B, and net income up 126% to $59.7B (Nvidia Newsroom)
Revenue of $96.2 billion, up 106% from a year ago — Data Center revenue of $89.0 billion, up 117% from a year ago
SpaceX Is Adding 500,000-Plus Starlink Subscribers Every Month. Here's Why That's Critical for the Stock.
Starlink is arguably SpaceX's most valuable segment.
Oura Is Said to Seek Up to $3B in IPO
Oura, a maker of smart rings that track health, fitness and sleep, and some of its backers are seeking to raise as much as $3 billion in a US IPO, according to people familiar with the matter.
Meta Settles for $18 Billion
Plus, Nvidia reports and inflation stays elevated.
National Rural Utilities Cooperative Finance is Now Oversold (NRUC)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a…
Qfin Holdings Enters Oversold Territory (QFIN)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a…