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Nvidia (NASDAQ: NVDA) reports earnings after the market close on Wednesday, and Wall Street is bracing for a familiar outcome: another beat. The chipmaker has made exceeding expectations look almost routine. Yet that has not always translated into an immediate reward for shareholders. Several times, Nvidia has posted strong numbers only to watch its stock… Continue reading Nvidia earnings history reveals a pattern investors may be overlooking

European shares edged lower on Wednesday as investors remained cautious over inflation risks linked to the ongoing war, while markets closely monitored negotiations between the United States and Iran. The pan-European STOXX Europe 600 slipped 0.2% to 610.37 points as of 0701 GMT. Regional markets also traded lower, with Germany’s DAX and France’s CAC 40… Continue reading European markets fall as investors assess inflation and geopolitical risks

The effort to launch Truth Social-branded cryptocurrency exchange-traded funds has come to an abrupt stop after Yorkville America Digital, LLC, which was the sponsor of the ETFs application, wrote to the US Securities and Exchange Commission (SEC) requesting the withdrawal of the application. Yorkville America Digital indicated that the decision was linked to a broader… Continue reading Truth Social crypto ETF plans collapse as Yorkville pulls SEC filings

HSBC Chief Executive Georges Elhedery said on Wednesday that artificial intelligence would both eliminate and create jobs across the financial industry, as the bank moves to retrain employees to adapt to the technology-driven shift. Speaking at an investor day event, Elhedery said staff must embrace AI-led transformation rather than resist it, adding that the bank… Continue reading HSBC retraining workforce as AI reshapes financial industry jobs

China confirmed it will buy 200 Boeing jets following the Trump-Xi meeting in Beijing, marking the US planemaker’s biggest breakthrough in the Chinese market in nearly a decade. Beijing’s Commerce Ministry confirmed on May 20 that China plans to buy 200 Boeing aircraft, including GE Aerospace-powered jets and related parts. For Boeing, it is the… Continue reading China confirms Boeing order: is the BA dip a buy opportunity?

Alibaba’s latest AI chip has given investors another reason to look past near-term profit pressure. The Chinese technology giant unveiled the Zhenwu M890 on May 19, a processor it says delivers three times the performance of its predecessor, with 144GB of GPU memory and faster chip-to-chip communication for heavy AI workloads. Alibaba’s US-listed shares closed… Continue reading Alibaba stock could jump 40%: new AI chip gives bulls fresh momentum