Dow Futures rise, driven by impressive results from key companies. The artificial intelligence chip giant reports yet another quarter of unprecedented revenue and profit, primarily driven by a surge in demand catalysed by the onset of the AI agents era. Files for what could be the largest initial public offering ever, while OpenAI is reportedly Read More
According to data, the chipmaker AMD has reached a historic milestone by surpassing a market valuation of $700 billion. This achievement came after the company released an earnings report earlier this week that exceeded expectations. On Friday, at 10:28 AM, the company’s valuation had surpassed $713 billion. This was the highest it had ever been. Read More
Dow Futures exhibit a slight decline, as attention turns to the forthcoming results from the major technology sector. This segment, which constitutes a significant portion of the U.S. equity market, has reported earnings that surpass expectations. However, investors are seeking greater transparency regarding the timeline for the chip giant’s substantial cash generation to translate into Read More
Nvidia CEO Jensen Huang said the massive capital expenditure on artificial intelligence is both “appropriate” and “necessary” as the industry undergoes a “once in a generation infrastructure buildout” that will continue for several years. Speaking on Friday, Huang stated that the AI buildout has “seven to eight years to go” and emphasized that “AI is Read More
