Nvidia, the AI chipmaker with an over $3 trillion market value, faced high expectations heading into its second-quarter earnings call on Wednesday. Analysts positioned the call as a “market mover” that would either justify Nvidia’s high valuation or undermine it. One even said the call could be more impactful to the markets than Federal Reserve...
AI chip giant Nvidia, which has a market cap of over $3 trillion and is currently second only to Apple, “needs to deliver exceptional results” on its upcoming Wednesday earnings call “to justify its towering $3 trillion valuation,” Lukman Otunuga, senior market analyst at trading broker FXTM, told Entrepreneur over email. The highly-anticipated earnings call...
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture alliance via Getty Images) Karl-Josef Hildenbrand | Picture Alliance | Getty Images German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and...
15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images German technology giant Siemens on Thursday reported a drop in profit at its industrial business in the fiscal second quarter and said its automation division had slowed. The company’s industrial profit...