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Nvidia (NASDAQ:NVDA) Surprises With Strong Q3, Quarterly Revenue Guidance Slightly Exceeds Expectations

Cs news3 weeks ago09 mins

Nvidia (NASDAQ:NVDA) Surprises With Strong Q3, Quarterly Revenue Guidance Slightly Exceeds Expectations Leading designer of graphics chips Nvidia (NASDAQ:NVDA) announced better-than-expected revenue in Q3 CY2024, with sales up 93.6% year on year to $35.08 billion. Guidance for next quarter’s revenue was better than expected at $37.5 billion at the midpoint, 1.3% above analysts’ estimates. Its…

Buffett’s Berkshire Reveals Bets on Domino’s Pizza, Pool Corp. Stock

Cs news4 weeks ago4 weeks ago04 mins

Warren Buffett’s Berkshire Hathaway purchased stakes in Domino’s Pizza and Pool Corp. last quarter. The investing legend’s company made big cuts to its huge Apple and Bank of America positions. Berkshire pared other holdings such as Capital One, and sold almost all of its Ulta Beauty shares. Thanks for signing up! Access your favorite topics…

Palantir’s (NYSE:PLTR) Q3 Sales Beat Estimates, Stock Jumps 13.4%

Cs news1 month ago1 month ago08 mins

Data-mining and analytics company Palantir (NYSE:PLTR) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 30% year on year to $725.5 million. On top of that, next quarter’s revenue guidance ($769 million at the midpoint) was surprisingly good and 3.4% above what analysts were expecting. Its non-GAAP profit of $0.10 per…

One Chipmaker Is Finally Reaping the Benefits of AI Chip Boom

Cs news3 months ago3 months ago04 mins

Micron surged over 15% after strong revenue and profit forecasts driven by AI spending. The chipmaker’s Q4 revenue hit $7.75 billion, nearly double last year’s fourth-quarter performance. Other chip stocks also rallied on Thursday after Micron’s revenue guidance. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go….