Nvidia blew past all expectations on Wednesday, reporting soaring profits driven by its graphics processing units (GPUs) that excel at powering artificial intelligence workloads. But other classes of AI chips are beginning to gain momentum. Every major cloud provider is now designing its own application-specific integrated circuits (ASICs), from Googles TPU to Amazons Trainium to OpenAIs plans with Broadcom. These...

The artificial intelligence boom may seem unstoppable, but a growing number of investors and observers are increasingly worried that this surge resembles a bubble on the verge of bursting. After the Nasdaq technology index rose more than 50% from its April lows, it has fallen nearly 5% this month. Investors fear it may take longer than expected to generate the...

After months of heavy hedging triggered by the tariff shock that rattled the dollar earlier this year, foreign investors who rushed to protect their U.S. holdings against further depreciation are now slowing those efforts sharply a vote of confidence that has helped the dollar rebound from its worst slump in years. Analysts stress that hedging levels remain above historical norms,...

Renewable energy is booming across emerging economies, where the economic viability of wind and solar power has made them the obvious choice in most national and regional contexts. More importantly, the rapid shift in renewable-energy economics is not only saving developing countries money but could also deliver substantial financial gains in the coming years. A recent study from the University...

The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.

The market is rangebound in trade towards the second half of the session on Thursday with the BSE Sensex trading at 35,512 points and the NSE Nifty trading at 10,758 points. 

While Jhunjhunwala, who owns private equity firm Rare Enterprises, believes that there are growth opportunities in every section of the stock market, he has his favorites and one of them is Tata Steel.

This blog will give you the latest market updates.

Providing a diverse range of perspectives from bullish to bearish, 20 analysts have published ratings on Autodesk ( ADSK ) in the last three months. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6...

Gold Price Analysis Expected Scenario Gold price keeps its stability above the 2431.44$ level, affected by stochastic negativity to show some sideways bias. Waiting to get a positive motive that assists to push the price to resume the main bullish trend, which targets 2500.00$ mainly. The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking...

Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative pressure to test the EMA50 that attempts to protect the price from achieving more decline. Waiting to resume the positive trades to test 84.77$ mainly, noting that breaching it will push the price towards 85.80$ as a next positive station. On the other hand, breaking 83.80$ will...

Throughout the last three months, 17 analysts have evaluated Twilio ( TWLO ) , offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 8 1...

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

Sidus Space, Inc. ( SIDU ) shares are rising following the announcement that the company has been selected to design and build the first generation of data storage spacecraft for Lonestar, a provider of premium data storage services. This partnership designates Sidus as Lonestar’s exclusive satellite manufacturing partner for six spacecraft that will orbit the Moon, providing advanced data storage...

08:45 AM EST, 11/12/2024 (MT Newswires) -- Apogee Therapeutics ( APGE ) reported a Q3 net loss Tuesday of $49 million, wider than the loss of $20.8 million a year earlier. Analysts polled by Capital IQ expected a loss of $43.9 million. No revenue for the quarter ended Sept. 30 was reported. As of Sept. 30, the company said it...

08:50 AM EST, 11/12/2024 (MT Newswires) -- Sphere Entertainment ( SPHR ) reported a fiscal Q1 loss Tuesday of $2.95 per share, swinging from earnings of $1.89 per share a year earlier. Analysts expected a loss of $2.76. Revenue for the quarter ended Sept. 30 was $227.9 million, up from $118 million a year earlier. The consensus forecast was $247.5...

12:41 PM EST, 11/12/2024 (MT Newswires) -- Loar Holdings ( LOAR ) is expected to gain in Q3 from strong Aerospace & Defense fundamentals, scarcity value, and a positive M&A landscape, RBC Capital Markets said in a report emailed Tuesday. Loar ( LOAR ) will report its Q3 earnings on Wednesday, RBC said. We expect the company to exceed 3Q24...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...