The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …
This record Nvidia revenue number is a chilling sight Read More »
Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …
Walt Disney Co. ended its fiscal year with record sales and its best revenue growth in more than 25 years, but executives predicted much slower sales increases in the year ahead while missing expectations for fourth-quarter earnings and sales, sending shares down about 7% on Tuesday afternoon. DisneyDIS reported fourth-quarter net income of $162 million, …
