Actions of Arms (NASDAQ: ARM) were rising today on the news of NVIDIA (NASDAQ: NVDA) first quarter earnings report last night. While Nvidia stock actually fell this morning, one of the big news from its report was that Nvidia said it expected $20 billion in CPU revenue this year, and much of that would come…
Wall Street’s primary indices are set for a cautious start on Tuesday, as concerns grow over escalating tensions in the Middle East. Additionally, US Treasury yields have declined following dovish comments from Federal Reserve officials overnight. Key figures within the Federal Reserve have suggested that rising long-term U.S. Treasury yields could deter the central bank…
Meta Platforms is deepening its AI ambitions with a series of high-value infrastructure deals and investments. The high-profile moves have kept Meta stock in the spotlight among investors and analysts. For example, on October 15, Meta announced a $1.5 billion investment to build a new data center in El Paso, Texas, to support growing AI…
