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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

The cloud boom has hit its stormiest moment yet, and it's costing investors billions

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions

The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions Read More »