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    • Quarterly Revenue

    Micron drives chip stock rally as AI demand impacts revenue forecast
    Massachusetts

    Micron drives chip stock rally as AI demand impacts revenue forecast

    By Arsheeya Bajwa (Reuters) – Micron Technology shares rose 15 percent in premarket trading on Thursday, leading a rally in chip stocks after the company’s strong sales forecast signaled robust demand for semiconductors used to power generative AI technology. The…

    Posted on Idris Bevan
    Why is Nvidia (NVDA) stock plunging after beating “expectations”?
    New Jersey

    Why is Nvidia (NVDA) stock plunging after beating “expectations”?

    NVIDIA Corporation (NVDA) just released its latest results. Nvidia’s second-quarter earnings report beat expectations. Revenue reached $30 billion, up 122% year over year and 15% quarter over quarter. This strong performance resulted in adjusted earnings per share (EPS) of $0.68,…

    Posted on Seren Anwen
    Top stock reports for Mastercard, AMD and Intuit
    New Jersey

    Top stock reports for Mastercard, AMD and Intuit

    Friday, August 9, 2024 The Zacks Research Daily features the best research from our team of analysts. Today’s Research Daily includes new research reports on 16 major stocks, including Mastercard Incorporated (MA), Advanced Micro Devices, Inc. (AMD) and Intuit Inc….

    Posted on Seren Anwen

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