Nvidia Is Missing Link in a Strong Season of AI Earnings Reports

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Bloomberg,Earnings Reports,Cloud Computing Services

(Bloomberg) -- Results from the world’s biggest technology companies have brought mostly good news. There’s just one missing piece: Nvidia Corp.Most Read...

-- Results from the world’s biggest technology companies have brought mostly good news. There’s just one missing piece: Nvidia Corp.Xi Begins Europe Tour in Paris as Macron Seeks to Reset Ties

Among Nvidia’s biggest customers, Meta Platforms Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc. have all indicated that capital expenditures will continue at the current pace or increase this year. To UBS’s Solita Marcelli, AI computing stocks remain attractive with combined capital expenditures from Microsoft, Alphabet, Meta and Amazon expected to exceed $200 billion this year, up $20 billion from a previous estimate.

Hon Hai Precision Industry Co.’s shares jumped to a record high after posting its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone and AI server sales. Chinese self-driving firm Beijing Momenta Technology Co. has filed confidentially for an initial public offering in the US, according to people familiar with the matter.Will GM Regret Kicking Apple CarPlay off the Dashboard?Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday.

For 'the price of a new truck' you can buy a dream retirement home abroad — but consider these 3 things firstDespite recent fluctuations in its stock price, Apple has been and remains to be a beacon of stability and growth for many investors.For beginners, it can seem like a good idea to buy a company that tells a good story to...

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