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Marketmind: AI 'tipping point' sends Nvidia, Nasdaq, Nikkei north

Chip giant Nvidia's uncanny ability to beat even a sky-high bar of earnings expectations and its claim of a "tipping point" in generative artificial intelligence has catapulted stocks in Japan, Europe to record highs and Wall St looks set to follow. Shares in the AI darling soared 12% premarket after it forecast a threefold surge in quarterly revenue that handily beat estimates and sent chip stocks surging around the planet. Nvidia said it expects an eye-popping first-quarter re...
Noord Holland Bruxelles Capitale United States Jensen Huang Lisa Cook Christopher Waller
Source: yahoo.com

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Arm's $55 Billion Valuation Falls Short of Lofty Expectations

(Bloomberg) -- Arm Holdings Ltd.’s initial public offering is already falling short of lofty expectations, despite riding the AI wave and listing amid the tech giants in New York.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Fli...
United Kingdom City Of New York United States Albie Amankona Neil Campling
Source: yahoo.com

European Stocks Slide For Sixth Day as Weak Data Hits Sentiment

(Bloomberg) -- European equities opened lower on Wednesday, marking their sixth straight day of declines, as recent rise in oil prices and weak economic data increased uncertainty about the European Central Bank’s next move. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuri...
United States Saudi Arabia City Of United Kingdom France General Alexandre Baradez
Source: yahoo.com

No. 1 pick Bryce Young set to open first NFL training camp with Panthers amid lofty expectations

Carolina Panthers rookie quarterback Bryce Young is set to begin his first NFL training camp amid lofty expectations. The Panthers have not been to the playoffs since 2017 and Young, the No. 1 overall pick in this year’s draft, has been entrusted with the task of making Carolina relevant again. The 2021 Heisman Trophy winner from Alabama, who is well polished when it comes to his dealings with reporters, smiled and took it all in stride on his 22nd birthday as he addressed a large group...
United States Sam Darnold Austin Corbett Hayden Hurst Tom Brady Deshaun Watson
Source: yahoo.com

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