Business Brief: What to know about Nvidia today

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Earnings from the world’s wealthiest company spotlight the new and uncertain generative AI landscape

Good morning. I’m Joe Castaldo, a Globe business reporter who focuses on artificial intelligence. I’ll be subbing in for Chris this morning, and taking a look at the world’s wealthiest company as it reports earnings after the close today. Nvidia Corp.’s stock has played a large part in propelling the year’s broader market gains – but its future might not be so straightforward. Hope you aren’t afraid of heights. More on that, but first:Earnings include Metro Inc.

And he’s been right. Scale is a big reason why OpenAI’s GPT-4 appears to be so much smarter and more capable than previous releases. If Nvidia’s stock price continues to reach new heights, it’s something investors may want to keep in mind as well.in October, up from 1.6 per cent in September, says Statistics Canada. The report weakens the case for the Bank of Canada to make another outsized cut to interest rates next month. Gasoline had a tangible effect on yesterday’s results, acting as less of a drag on the headline inflation rate.We’re watching earnings tomorrow from Deere & Co.

 

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