European shares were muted on Thursday as investors assessed a range of mixed corporate earnings from the likes of Schneider and Syensqo, while considering the prospects for artificial intelligence following strong forecasts from US chip leader Nvidia.The pan-European STOXX 600 index was flat at 633.34 points at 0820 GMT. The index hovered around a record […]
Asian shares tumbled after turmoil on Wall Street, where a brief rally led by Nvidia Corp. quickly faded and investors retreated from riskier assets such as cryptocurrencies.Stocks in Japan, South Korea and Australia opened lower after Wall Street benchmarks erased earlier gains and plunged, led by technology stocks. The sharp turnaround came as lingering concerns […]
New York: Nvidia delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the technology sector. The world’s most valuable company expects revenue of about $65 billion in the January quarter – roughly $3 billion more than analysts had […]