If Nvidia beats estimates, these 6 AI stocks tend to rise

If Nvidia beats estimates, these 6 AI stocks tend to rise

Six artificial intelligence-related stocks tend to react positively to Nvidia ‘s quarterly results, according to CNBC Pro analysis. It comes ahead of Nvidia’s first-quarter earnings this year, which will be released Wednesday after the market close. Five U.S.-listed stocks — Super Micro Computer , AMD , Marvell Technology , Vertiv , and Synopsys — along …

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Dow Jones Futures: Stock Market Rally Has Solid DAy; Reddit, AI Plays Lead Earnings Movers Late

Dow Jones Futures: Stock Market Rally Has Solid DAy; Reddit, AI Plays Lead Earnings Movers Late

Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. Coupang (CPNG), Arista Networks (ANET) and recent IPOs Reddit (RDDT) and Astera Labs (ALAB) were among the notable earnings reports. X The stock market rally was narrowly mixed on Tuesday. Palantir (PLTR) and Datadog (DDOG) weighed on software plays, but a …

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Palantir Earnings Rise 60%, U.S. Commercial Sales Growth Slows| Investor’s Business Daily

Palantir Earnings Rise 60%, U.S. Commercial Sales Growth Slows| Investor’s Business Daily

Amid buzz over artificial intelligence, Palantir Technologies (PLTR) delivered first-quarter earnings that met views while revenue topped Wall Street targets. The data analytics software maker’s revenue guidance for Palantir stock came in slightly above expectations. X Palantir earnings were reported after the market close on Monday. On the stock market today, PLTR stock fell 11.9% to …

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Three things we learned about Apple’s AI plans from its earnings

Three things we learned about Apple’s AI plans from its earnings

Image Credits: James Leynse/Corbis / Getty Images Apple CEO Tim Cook didn’t give much away about the company’s AI plans on Thursday’s Q2 earnings call with investors, but he did confirm a few tidbits about how the tech giant plans to move forward with artificial intelligence. Notably, his comments suggested that despite spending more than …

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Amazon’s AI Ambitions Help Fuel Q1 Earning Surge

Amazon’s AI Ambitions Help Fuel Q1 Earning Surge

Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence in its cloud computing division, Amazon Web Services (AWS). The eCommerce giant’s net sales increased 13% year-over-year to $143.3 billion, while operating income jumped to $15.3 billion from $4.8 billion in the …

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Qualcomm earnings report Q2 2024

Qualcomm earnings report Q2 2024

Here’s how it did versus LSEG consensus estimates for the quarter ended March 24: Earnings per share: $2.44 adjusted vs. $2.32 expected Revenue: $9.39 billion adjusted vs. $9.34 billion expected Net income during the quarter was $2.33 billion, or $2.06 per share, versus $1.7 billion, or $1.52 per share, in the year-earlier period. Qualcomm said …

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Google Thinks It Can Cash In on Generative AI. Microsoft Already Has

Google Thinks It Can Cash In on Generative AI. Microsoft Already Has

Alphabet CEO Sundar Pichai is confident that Google will find a way to make money selling access to generative AI tools. Microsoft CEO Satya Nadella says his company is already doing it. Both companies reported better-than-expected quarterly sales and profit on Thursday. And the stock prices of both soared on the results, with Alphabet further …

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