by | Dec 13, 2024 | AI, AI, Investing News, Stock Market, Technology
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
by Bryant Lum | Dec 4, 2024 | AI, Investing News, Market News, Products, Technology
Marvell Technologies (NASDAQ: MRVL) saw a remarkable 23% surge in its stock price at the close of trading after the company reported impressive quarterly earnings that exceeded Wall Street expectations. The fabless semiconductor company, which specializes in custom...
by Jessica Gwathney | Nov 20, 2024 | AI, Investing News, Market News, Products, Stock Market, Technology
Nvidia reported stronger-than-expected earnings after the market closed on Wednesday, continuing to benefit from the ongoing artificial intelligence (AI) boom. The company posted impressive results for the quarter ending on October 27, with revenue of $35.08 billion,...
by Andy Liao | Nov 7, 2024 | Automotive, Investing News, Market News, Products, Stock Market
Lyft’s stock experienced a significant surge of over 25% on Thursday, as the company reported better-than-expected third-quarter results, signaling a rebound in its business. The San Francisco-based ride-hailing giant posted a quarterly loss of just 3 cents per share...
by Justin Wong | Nov 1, 2024 | Investing News, Market News, Stock Market
On Friday, Amazon.com Inc. (AMZN) saw its stock surge by 6% in after-hours trading, driven by a robust earnings report that exceeded analyst expectations. The e-commerce giant posted earnings per share (EPS) of $1.43, significantly outperforming the consensus estimate...